Mr. Sam Spring reports

KINCORA PLACEMENT COMPLETED

Kincora Copper Ltd. has confirmed that the share placement announced by it on Feb. 26, 2026, (Kincora raises $4-million in strongly supported placement), has been completed on the terms previously announced.

The company has issued 3,809,524 chess depository interests (CDIs) representing a beneficial interest in 3,809,524 fully paid common shares in the company.

As outlined in the offering document under the listed issuer financing exemption (Feb. 25, 2026), the placement is a single tranche, the CDIs are without resale restriction and no insider participation took place.

Attaching options are expected to be issued in the coming days following the satisfaction of regulatory requirements in Australia.

The placement remains subject to final approval from the TSX Venture Exchange.

About Kincora Copper Ltd.

Kincora Copper is an emerging Australia-focused copper-gold explorer with a hybrid project generator strategy. The company is now successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill-ready targets. These assets are located in Australia's Macquarie Arc and Mongolia's Southern Gobi, two of the globe's leading porphyry belts, and the historical Condobolin mining field within the Cobar superbasin in New South Wales.

We seek Safe Harbor.