|Bid||0.22 x 0|
|Ask||0.23 x 0|
|Day's Range||0.20 - 0.20|
|52 Week Range||0.20 - 0.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Kincora advances district scale porphyry exploration with drilling at the Ulgii Khud massif, Southern Mongolia
Kincora Closes Private Placement with the European Bank for Reconstruction and Development
Canadian-listed miner Kincora Copper on Friday said the European Bank for Reconstruction and Development would acquire a 6.16 percent stake in the company for 1.4 million Canadian dollars ($1.1 million) to further its exploration in Mongolia. The funding is a departure from the bank's tendency to avoid financing exploration rather than fully-fledged projects because it is regarded as higher risk.
Kincora Announces Private Placement Agreement with the European Bank for Reconstruction and Development
Canadian miner Kincora Copper plans over coming months to start exploration drilling in Mongolia, its CEO told Reuters, calling the area "one of the last frontiers" for top quality copper assets. Kincora's CEO Sam Spring compared Mongolia to Chile, the world's largest copper producer, in the 1970s when it was still under-explored and said he hoped to find another Oyu Tolgoi, using a team with experience of finding tier-one copper assets.