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Mining Capital

Kincora Copper raises C$1.4mln through second EBRD placement

Sam Spring, president and chief executive of Kincora Copper Ltd (CVE:KCC), tells Proactive they've entered into a subscription agreement for a second tranche of units with the European Bank for Reconstruction and Development to raise C$1.4mln.

Following on from the first tranche which which closed on August 22nd - it takes the total gross funds raised to C$5.92mln.

Spring also updates on drilling which is ongoing at their East Tsagaan Suvarga target.


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