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File: Kincora - NR Kincora Settles Accrued Interest on Convertible Note (Origo) (2) (2).docx

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KINCORA SETTLES ACCRUED INTEREST

Vancouver, BC - July 27, 2016 - Kincora Copper Limited (the "Company", "Kincora") (TSXV:KCC).  Further to its news rel
--->ease of October 22, 2015 Kincora wishes to announce that, subject to the acceptance of the TSX Venture Exchange, it wi
--->ll settle the accrued interest on the $2,500,000 convertible note (the "Convertible Note") issued as of October 21, 20
--->15 to Origo Partners plc ("Origo") by the issuance of post consolidation shares of Kincora (the "Shares") at $0.30 per
---> Share.

The accrued interest to date, at 8.7% per annum on the principal of the Convertible Note, totals $168,040.98, resultin
--->g in the issuance of 560,137 Shares.

About Kincora 

Kincora Copper Limited. is a junior resource company engaged in the acquisition, exploration and development of minera
--->l properties, with a focus on copper-gold projects in Mongolia. 
For further information on the Company, please visit www.kincoracopper.com.

For further information, please contact: 

Sam Spring, President and Chief Executive Officer
Email: sam.spring@kincoracopper.com Phone: +61431 329 345 









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.