Kincora Copper Ltd (CVE:KCC) chairman John Rickus has died.
Rickus served on the board of Kincora from August, 2012, initially in the capacity of president and chief executive officer, before becoming chairman in 2013.
"John was a great supporter, business associate and friend to many. He leaves a long, distinguished legacy in our industry and as a member of our board of directors for which we are eternally grateful," said Sam Spring, Kincora's president and CEO. "He will be deeply missed by everyone at Kincora. We send our deepest condolences to his family."
Kincora's board of directors are convening to discuss a wider succession plan, which will be announced in due course, also encompassing the previously announced private placement and expectation of resuming exploration activities across an enlarged licence portfolio.