Cameron McRae, a Director, acquired 1,400,000 Common Shares on an indirect ownership basis for registered holder Tarva Investment and Advisory Co. at a price of $0.100 through a private transaction on June 11th, 2019. This represents a $140,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Jonathan (Sam) Spring, CEO, acquired 1,050,000 Common Shares on a direct ownership basis. This represents a $105,000 investment into the company's shares and an account share holdings change of 78.3%. Rayhan Nadarajah, a Director, acquired 800,000 Common Shares on a direct ownership basis. This represents a $80,000 investment into the company's shares and an account share holdings change of greater than 100%. Anthony Jackson, CFO, acquired 175,000 Common Shares on a direct ownership basis. This represents a $17,500 investment into the company's shares and an account share holdings change of 57.1%. Lewis Marks, a Director, acquired 175,000 Common Shares on a direct ownership basis. This represents a $17,500 investment into the company's shares and an account share holdings change of greater than 100%. John Holliday, a Director, acquired 150,000 Common Shares on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of 24.9%.
Kincora Copper is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Kincora Copper Ltd is a Canada-based exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral properties, with a focus on copper-gold projects in Mongolia. The Company's Bronze Fox copper-gold project hosts a strategically located known mineralized footprint covering over 40 square kilometers of approximately 220 square kilometers license area, in southeast Mongolia along the Oyu Tolgoi copper belt in the Southern Gobi. Its license, named Ulaan Khudag (Red Well), associated with a known outcropping copper-gold porphyry system, is located as close as approximately 10 kilometers along the mineralized trend from the Rio Tinto controlled, Oyu Tolgoi project. The Bronze Fox project area hosts different types of potential mineralization, including porphyry style of copper (Cu)-gold (Au)-Molybdenum (Mo), structural controlled hydrothermal Au, and shear zone Au.
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