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Mining

Kincora Copper closes $532,584 private placement, updates on hold period

Kincora Copper has received the acceptance of the TSX Venture Exchange for its previously disclosed private placement of 1,543,720 shares at 34.5 cents per share (gross proceeds of $532,584) and updated on the holding period

Kincora Copper (CVE:KCC) has received the acceptance of the TSX Venture Exchange for its previously disclosed private placement of 1,543,720 shares at 34.5 cents per share (gross proceeds of $532,584) and updated on the holding period.

Notwithstanding the company’s statement in December where the shares were to be issued with a four-month hold period expiring on April 21, the shares issued in the private placement are subject to a four-month hold expiring on June 11, 2017.