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Mining Capital

Kincora Copper raises C$4.5mln to push ahead with Mongolia drilling

Luke Leslie, chairman at Kincora Copper Ltd (CVE:KCC) tells Proactive they've brought in around C$4.5mln via a placing which is to be used for drilling at their East Tsagaan Suvarga and Bayan Tal targets.

Each unit consisted of one share and one-half a share purchase warrant, with each warrant entitling the holder to acquire a further share for 44.5 cents for a period of two years.

 

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