VANCOUVER, Nov. 21, 2018 /CNW/ - Kincora Copper Ltd.
(the "Company", "Kincora") (TSXV:KCC) announces that, effective
August 1, 2017, it engaged Palisade
Global Investments Ltd. ("Palisade") as an independent consultant
to assist the Company in increasing its exposure to the investment
community by arranging introductions to qualified investors, fund
managers, brokers and analysts, assisting the Company in expanding
the distribution of its news releases and marketing materials,
including dissemination via social media and through personal email
communications, and engaging newsletter writers to cover the
Company. Palisade will also generate research reports on the
Company and act as advisors for potential corporate
transactions.
Palisade is an resource advisory group based in Belize, which focuses on small cap
investments. Collin Kettell, CEO and
partner, founded Palisade with Sean
Zubick in early 2013 with the goal of investing in and
backing undervalued junior mining companies, benefiting from
background in project finance and corporate development within the
sector.
Under the terms of the engagement Palisade is to provide
services for a 24 month period ending July
31, 2019 for a fee of $15,625
per month, which has been prepaid in full, plus expenses.
Palisade has been issued 250,000 options with an exercise price
of $0.445 and a term of 36
months, and owns 2,272,727 ordinary shares.
About Kincora
Kincora is a junior resource company engaged in
the acquisition, exploration and development of mineral properties,
with a focus on Tier 1 copper-gold projects in Mongolia. For further information:
www.kincoracopper.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Kincora Copper Limited