File: Attachment 20260304_Kincora Announces Closing of Placement.pdf

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Kincora Placement Completed

Vancouver, Canada -- March 4th, 2026 Copper-gold explorer and hybrid project generator Kincora Copper Limited (ASX & TSXV: "KCC") (Kincora or the Company) confirms that the share placement announced by it on February 26th, 2026 (Kincora raises $4 million in Strongly Supported Placement), has been completed on the terms previously announced (Placement). 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 (February 25th, 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.

Kincora Placement Completed (March 4th, 2026) 1 Website: www.kincoracopper.com Email: enquiries@kincoracopper.com THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

ABOUT KINCORA

Kincora Copper Limited ("KCC": ASX & TSXV) 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 NSW. To learn more, please visit: www.kincoracopper.com.

This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)

For further information please contact:

Sam Spring, President and Chief Executive Officer Laurie Thomas, Strategic Advisor sam.spring@kincoracopper.com or +61431 329 345 laurie.thomas@kincoracopper.com or +1306 341 3826

Media contact julia@thecapitalnetwork.com.au or +61 2 7257 7338 Julia Maguire, Managing Director, The Capital Network

Executive office Subsidiary office Australia 400 837 West Hastings Street C/- JM Corporate Services Vancouver, BC V6C 3N6, Canada Level 6, 350 Collins Street Tel: 1.604.283.1722 Melbourne, VIC, Australia 3000

Forward-Looking Statements

Certain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the use of proceeds; the occurrence of the Acceleration; and the occurrence of an Acceleration Event, amongst other potential items. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Readers are cautioned not to place undue reliance on forward-looking information and statements.

Forward-looking information involves numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other items: market volatility; the state of the financial markets for the Company's securities; fluctuations in commodity prices and investor sentiment; changes in the Company's business plans; and operating environments. Although Kincora believes that the expectations reflected in such forward- looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include: market prices; exploitation and exploration results; participation in the Offering; shareholder and regulatory approval of the Consolidation; regulatory approval of the Offering; continued availability of capital and financing and general economic; market or business conditions; and, investor sentiment. Accordingly, readers should not place undue reliance on forward-looking information and statements. Readers are cautioned that reliance on such information and statements may not be appropriate for other purposes.

The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) or the ASX accepts responsibility for the adequacy or accuracy of this release.

Kincora Placement Completed (March 4th, 2026) 2 Website: www.kincoracopper.com Email: enquiries@kincoracopper.com