Kincora Copper engages first canadian to provide investor relations services
Vancouver, Canada – July 26, 2011 – Kincora Copper Limited (TSX.V: KCC) (the “Company” or “Kincora”), is pleased to announce that it has retained First Canadian Capital Corp. ("First Canadian" or the "Consultant") to provide strategic marketing and investor relations services. Under the terms of the agreement (the “First Canadian Agreement”), Kincora will pay First Canadian CDN$6,000 per month for a twelve month initial term and grant 400,000 stock options to purchase up to 400,000 shares of Kincora at an exercise price of CDN$0.50 per share and another at a price of CDN$0.70 per share, exercisable in whole or in part at any time up to and including two years from the date of execution of the First Canadian Agreement, subject to vesting as follows: (i) 100,000 shares at $0.50 shall vest and be exercisable at or after the 6 month anniversary of the execution of the First Canadian Agreement; (ii) 100,000 shares at $0.50 shall vest and be exercisable at or after the 12 month anniversary of the execution of the First Canadian Agreement; (iii) 100,000 shares at $0.70 shall vest and be exercisable at or after the 18 month anniversary of the execution of the First Canadian Agreement; and(iv) 100,000 shares at $0.70 shall vest and be exercisable at or after the 24 month anniversary of the execution of the First Canadian Agreement.
First Canadian will assist Kincora in opening productive dialogue with private investors, analysts, brokers, money managers and other financial professionals. The Consultant will focus on generating market awareness among the investment community as Kincora continues to make further progress on its key asset the Bronze Fox Copper-Gold deposit in an area with developed surrounding infrastructure.
Jason Monaco, partner at First Canadian comments, "we are extremely excited to work with such a diligent and credible team who has foresight to acquire the Bronze Fox Project in an area relatively close to the world class OYU-Tolgoi Gold Project.”
About First Canadian Capital Corp. www.firstcanadaiancapital.com
First Canadian Capital Corp., (“FCCC”) specializes in providing strategic Investor Relations services to emerging small-cap and mid-tier companies and has been doing so for almost 15 years. FCCC’s core competencies are found in identifying quality assets and undervalued companies with high growth potential.
For further information contact:
Stephen Fabian, President & CEO
Tel: + 33 6439 10649
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.