Kutcho Copper Receives $1.46 Million METC Refund
February 27 2020 - 7:00AM
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF)
(“Kutcho Copper” or the “Company”) announces that it has received a
$1.46 million BC Mineral Exploration Tax Credit (“METC”) refund.
The METC is available for companies undertaking qualifying mineral
exploration in British Columbia and the claim was filed by the
Company with regards to expenditures incurred on its Kutcho Project
in 2018.
“The METC refund gives the Company sufficient
funds to meet short term liabilities and provides working capital
runway towards its overall corporate initiatives,” stated Vince
Sorace, President & CEO of Kutcho Copper Corp. “The company
continues to discuss and pursue strategic opportunities to advance
the Kutcho project through feasibility, permitting and
construction.”
About Kutcho Copper Corp.Kutcho
Copper Corp. is a Canadian resource development company
focused on expanding and developing the Kutcho high grade
copper-zinc project in northern British Columbia. Committed to
social responsibility and the highest environmental standards, the
Company intends to advance the Kutcho Project through feasibility
and permitting to a positive construction decision.
Vince Sorace President & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper
Corp., please email info@kutcho.ca or visit our website at
www.kutcho.ca.
Cautionary Note Regarding Forward-Looking
Statements
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.
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