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Tax Act from Mongolian Tax Authority

Tax Act from Mongolian Tax Authority
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A Mongolian subsidiary of Kincora has received a Tax Act ( 2021 tax assessment ) for 2.7 billion MNT, approximately US$950,000, from the Mongolian Tax Authority ( MTA ) relating primarily to the 2016 merger with IBEX
The 2016 IBEX merger required a tax assessment ( 2016 tax assessment ) as a condition precedent to closure and for reregistration of the merged entities
The 2021 tax assessment is a retrospectively calculated liability and is not in-line with the 2016 tax assessment
Three independent external legal opinions support Kincora s view that the 2016 tax assessment and merger transaction were properly formulated and supported by the Mongolian authorities at that time ....

Fred Well , Western Australia , British Columbia , Kincora Copper Ltd , Kincora Copper , Golden Grouse , Resilience Mining Mongolia Pty Ltd , Mongolian Tax Authority , Venture Exchange , Regulation Services Provider , Tax Act , Acquisition Agreement , Tourmaline Hills , Bronze Fox , Macquarie Arc , Sam Spring , Chief Executive Officer , Kincora Copper Limited , சிவப்பு நன்றாக , மேற்கு ஆஸ்திரேலியா , பிரிட்டிஷ் கொலம்பியா , கீண்கோர தாமிரம் லிமிடெட் , கீண்கோர தாமிரம் , தங்கம் க்ரோவௌஸ் , விரிதிறன் சுரங்க மங்கோலியா ப்டி லிமிடெட் , மங்கோலியன் வரி அதிகாரம் ,

Kincora announces gold-base metals target in Mongolia

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New high grade gold with copper rock chip samples on margin of Tourmaline Hills Intrusive Complex at the West Fox prospect:
Average grade of 8.8g/t gold from 39 samples with 16 greater than 1g/t
Results include: 118g/t gold with 0.33% copper; and, 34g/t gold with 0.86% copper
West Fox is an intermediate sulfidation epithermal prospect with an out/sub-crop area of 3km by 1.2km identified for follow up exploration activities, including three new target areas
Other epithermal target areas on the margin of the two neighboring large intrusive complexes within the Bronze Fox project are identified for similar field reconnaissance ....

British Columbia , West Fox , Fred Well , Western Australia , Shivee Tolgoi , White Pearl , Peter Leaman , Oyu Tolgoi , National Instrument , Kincora Copper , Rio Tinto , Resilience Mining Mongolia Pty Ltd , Australian Securities Exchange , Technical Committee , Company Red , Venture Exchange , Regulation Services Provider , Company Fairholme , Canadian Institute Of Mining , Australian Institute Of Geoscientists , Sam Spring , Tourmaline Hills Intrusive Complex , Tourmaline Hills , Macquarie Arc , Evolution Mining , Bronze Fox ,

Kincora to retain carried upside to Mongolia portfolio

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Binding term sheet executed with Resilience Mining Mongolia Pty Ltd ( RMM ) for Kincora s Mongolian asset portfolio retaining significant upside to exploration, project generation and development successes
Benefits to Kincora:
to own 9.9% of RMM upon successful listing and raising on the ASX
first right of refusal to gain a 20% interest in any new project generated by RMM in Mongolia
VANCOUVER, BC, Dec. 14, 2020 /CNW/ - Kincora Copper Ltd. (the Company , Kincora ) (TSXV:KCC) is pleased to announce a binding Option and Acquisition Agreement ( Agreement ) with Resilience Mining Mongolia Pty Ltd ( RMM ). RMM is a private Australian company that is an active explorer and project generator in Mongolia, lead by an executive team and board with extensive in-country Mongolia experience. ....

Fred Well , Western Australia , British Columbia , Shivee Tolgoi , White Pearl , Peter Reynolds , Mark Stewart , Peter Leaman , Oyu Tolgoi , Cameron Mcrae , National Instrument , Kincora Copper Ltd , Kincora Copper , Rio Tinto , Resilience Mining Mongolia Pty Ltd , Australian Securities Exchange , Technical Committee , Company Red , Venture Exchange , Company Fairholme , Canadian Institute Of Mining , Australian Institute Of Geoscientists , Acquisition Agreement , Bronze Fox , Tourmaline Hills , Southern Gobi ,

Kincora Copper Limited (via Public) / Kincora to retain carried upside to Mongolia portfolio

Kincora to retain carried upside to Mongolia portfolio
Binding term sheet executed with Resilience Mining Mongolia Pty Ltd ( RMM ) for Kincora s Mongolian asset portfolio retaining significant upside to exploration, project generation and development successes
Benefits to Kincora:
to own 9.9% of RMM upon successful listing and raising on the ASX
first right of refusal to gain a 20% interest in any new project generated by RMM in Mongolia
Vancouver, BC - December 14th, 2020 -
Kincora Copper Ltd. (the Company , Kincora ) (TSXV:KCC) is pleased to announce a binding Option and Acquisition Agreement ( Agreement ) with
Resilience Mining Mongolia Pty Ltd ( RMM ). RMM is a private Australian company that is an active explorer and project generator in Mongolia, lead by an executive team and board with extensive in-country Mongolia experience. ....

Fred Well , Western Australia , British Columbia , Shivee Tolgoi , White Pearl , Peter Reynolds , Mark Stewart , Peter Leaman , Oyu Tolgoi , Cameron Mcrae , National Instrument , Kincora Copper Ltd , Rio Tinto , Resilience Mining Mongolia Pty Ltd , Kincora Copper Limited , Australian Securities Exchange , Company Red , Technical Committee , Venture Exchange , Company Fairholme , Canadian Institute Of Mining , Australian Institute Of Geoscientists , Acquisition Agreement , Bronze Fox , Tourmaline Hills , Mongolia Portfolio ,