Kincora Engages First Canadian to Provide Investor Relations Services
July 26 2011 - 10:25AM
Marketwired
Kincora Copper Limited (TSX VENTURE: 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.firstcanadiancapital.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.
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.
Contacts: Kincora Copper Limited Stephen Fabian President &
CEO + 33 6439 10649
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