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Kincora Announces C$319,437 Shares-for-Debt Settlement

Kincora Copper entered into agreements to settle C$319,437 of debt with shares. The supplied report is truncated after “of i,” leaving further settlement details unavailable.

KCC

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12:06:05 PM UTC
SquawkNews
Kincora Copper will settle C$319,437 owed to directors and management by issuing 358,918 shares at C$0.89, subject to disinterested shareholder approval and TSXV acceptance. The shares will carry a four—month hold.Material DetailsContext by AI AnalystThis continues Kincora’s cash-preserving compens…