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Kincora Copper Ltd V.KCC

Alternate Symbol(s):  BZDLF

Kincora Copper Limited is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. It is primarily focused on the copper-gold discoveries in the gold rich porphyry regions of the Lachlan Fold Belt (LFB) of Australia. The Company projects include Trundle Project, Fairholme Project, Cundumbul Project, Northern Junee-Narromine Belt Projects and Southern Gobi Belt Projects. Its Trundel Project is located approximately 420 kilometers (km) west of Sydney and 61 north-west of Parkes in Central West New South Wales (NSW) and covers an area of 167 square kilometers. Its Fairholme Project is located approximately 440km west of Sydney and 45km northeast of West Wyalong in Central West NSW and covers an area of 169 square kilometers. Its Northern Junee-Narromine Belt Projects include three licenses, which include Nyngan, Nevertire and Mulla, and covers an area of approximately 1,739.5 square kilometers.


TSXV:KCC - Post by User

Comment by EnglishBayon Jan 07, 2021 8:25pm
132 Views
Post# 32250954

RE:RE:RE:One Puzzle Piece in Place

RE:RE:RE:One Puzzle Piece in PlaceYes the split here is not a bad thing. A necessary action to get listed on the ASX - which is ultimately a positive development since it gives access to a whole new market of buyers for the stock. 

Just fyi - The split goes into effect tomorrow morning (Friday), so your share count will get divided in 3 and the stock price will open at $0.33, based on today’s close. The % change of the stock and your accounts could look a little wacky for a day or two until the reorg gets sorted by your brokerage.
 
Actual listing on the Aussie exchange will likely follow in the month or so(?) to come upon final approval, which will be an interesting catalyst. They may hold on to some assay results till after they list depending on the timing of things to get the ball rolling on the ASX. Just speculating.

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