Author: Asia PEVC

Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that it has appointed Brent Cook and Laurie Thomas as Strategic Advisors.

The newly formed Advisory Board will augment the Company’s exploration, asset level partner and corporate strategies, and follows the recently oversubscribed non-brokered private placement cornerstoned by leading North American natural resource sector investors including Rick Rule and Jeff Phillips.

The Company expects significant growth in its exploration activities and further asset level partnerships and is working now to secure highly credentialed personal to assist with this.

Kincora also notes the exercise of 78,000 stock options relating to the September 2023 financing and 67,000 warrants relating to the July 2025 financing (Derivative Exercise).

Sam Spring, President and CEO, and Cameron McRae, Chairman of Kincora commented,

“Kincora is delighted to have attracted such a high calibre Advisory Board to expand and strengthen our team. The additions of Brent and Laurie assists accelerate and increase recognition of our multi element and asset portfolio strategy to create shareholder value.

Brent is a globally recognised economic geologist and industry veteran with extensive capital markets and technical experience, including having worked on porphyry copper and epithermal gold systems related to the Circum-Pacific, Western North America, the Caribbean Arc, the Tethyan/Carpathian Magmatic Belt, and the Lachlan Fold Belt. Brent further strengthens our industry leading technical team.

Laurie’s strategic and commercial experience, coupled with extensive relationships in the North American capital markets, will similarly add to Kincora’s corporate engagement and strategy.

We are also pleased to note the exercise of investor options and warrants providing further treasury to the Company.”

About Brent Cook: Mr. Cook is a renowned exploration analyst and economic geologist with over 40 years of experience in mineral exploration, mining and related financial sectors.

Brent has been and remains a highly respected consultant to various funds, major mining companies and junior explorers. Mr. Cook founded the widely respected and followed Exploration Insights newsletter and remains a Senior Advisor.

Brent received a BSc in Geology from Utah State University in 1978, has worked in over 60 countries and in virtually all geological environments.

During his independent consulting service, Brent has provided advice and analysis to several funds and companies, including Global Resource Investments, Ltd; Rick Rule; AMEC (MRDI); Mount Isa Mines; Kennecott Mining; Rio Tinto Mining; Barrick Gold (Homestake); Meridian Gold Corp/Yamana; Freeport McMoran (Cyprus-Amax); and Newmont Mining (Santa Fe). From 1997 to 2002, Brent was senior mining analyst for Rick Rule at Global Resource Investments (now Sprott- Global) and General Partner Expo 1999, 2000 Funds.

About Laurie Thomas: Ms. Thomas is an experienced executive, director and consultant in the natural resource and accounting sectors.

Laurie has extensive relationships in the North American capital markets with strategic and commercial leadership roles spanning audit and consulting, risk management, First Nation advisory, mining finance and corporate communication.

Ms. Thomas holds a Bachelor of Commerce degree with a major in accounting from the University of Saskatchewan. She obtained a Certified Management Accountant (CMA) designation in 2008, is one of the first graduates of the CIRI/Ivey Business School Investor Relations Certification Program (CPIR) and received her fellowship in 2022 from the Canadian Institute of Investor Relations. Ms. Thomas has served on several boards as a director and chair of the Audit Committee, such as CMA Saskatchewan before merging as is now CPA Saskatchewan (six years on the Board), Meadow Lake Tribal Council Industrial Investments Board (MLTCII) as a director and chair of Audit Committee, and most recently F3 Uranium Corporation as a director and chair of Audit Committee.

About the Derivative Exercise: Alongside Kincora’s September 2023 financing, 2,780,000 two-year options with a A$0.75 strike price were issued (all prices and security numbers in this release are presented post the ten (10) for one (1) consolidation of securities completed in September 2025). Of these options, 78,000 have been exercised with the balance lapsed.

Alongside Kincora’s July 2025 unit financing, 13,333,333 three-year warrants with a C$0.50 strike price were issued. All warrants underlying the units are subject to a four (4) month plus one day hold period and shares underlying the units subject to a one (1) year hold period. Of these warrants, 67,000 have been exercised.

About Kincora: Kincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.

The Company is 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 Lachlan Fold Belt 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.

The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects. These initial deals have supported over 13,500 metres of drilling and over A$6.5m of partner funded exploration since late 2024, with management fees and exploration ramping up.

Partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.

By having a significant portfolio of partner funded large porphyry projects, and a very focused program on a 100% owned Condobolin project, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.

To find out more please refer to our 2-page July 2025 corporate strategy: https://kincoracopper.com/corporate-strategy/

The Company’s website is: 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
sam.spring@kincoracopper.com or +61431 329 345

Laurie Thomas, Strategic Advisor
laurie.thomas@kincoracopper.com or +1306 341 3826

Executive office
400 – 837 West Hastings Street
Vancouver, BC V6C 3N6, Canada
Tel: 1.604.283.1722

Subsidiary office Australia
C/- JM Corporate Services
Level 6, 350 Collins Street 
Melbourne, VIC, Australia 3000

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268686

Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that it has resecured the full rights of its Mongolian c0pper-gold portfolio following Orbminco Limited’s (ASX: OB1) (formerly known as Woomera Mining Limited) withdrawal from the September 2024 Earn-In Agreement as it now focuses on its Australian gold exploration.

Assets within the portfolio include:

• a large Mineral Resource Estimate and Exploration Target reported under the JORC Code by Resilience Mining Mongolia Limited ¹ for the West Kasulu prospect, which includes a small portion of one of three extensive, from surface and underexplored copper-gold intrusive complexes (the majority hosted on an existing 30-year mining license);
• a year-round field camp; and,
• a proprietary Mongolia wide project generation database.

Further details are provided in an Appendix to this release.

This development comes at a time of various notable positive developments highlighting the potential of Mongolian’s resource sector and the Bronze Fox copper-gold project. These include:

• Xanadu Mines and its flagship Kharmagtai copper-gold project’s recent A$160-million takeover by Bastion Mining Pte. Ltd,
• Erdene Resource Development’s first gold pour at its greenfield Bayan Khundii project,
• construction of the privately held Tsagaan Suvarga copper-molybdenum project, and,
• the Oyu Tolgoi copper-gold project being on track to be the world’s fourth largest copper mine by 2030.

With Kincora now controlling 100% ownership, the Company will move forward to build on existing and new interest in the project.

Kincora intends to consider a range of options, including focused self-funded exploration, third party investment and other corporate initiatives. Near term value add activities may include the potential submission for a second mining license at the Bronze Fox project and fresh mining studies relating to the existing oxide resource reflecting recent shifting in commodity prices.

Further market updates will be provided following any material development arising to the Company’s Mongolian asset portfolio.

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

For further information please contact:

Kincora Copper Limited
Sam Spring, President and Chief Executive Officer
sam.spring@kincoracopper.com or +61431 329 345

Appendix

Kincora’s Mongolian asset portfolio includes a 100% interest in one of the largest land positions and porphyry complexes in the Southern Gobi copper-gold belt, a region which is one of the world’s most rapidly emerging sources of copper supply and infrastructure development.

The Company’s Mongolian portfolio assets include:

• Bronze Fox mining license (the eastern license of the Bronze Fox project),
• Tourmaline Hills exploration license (the western license of the Bronze Fox project),
• White Pearl field camp (year-round facility), and,
• one of (if not) the largest project generation databases for Mongolia.

In July 2022, the Company announced a maiden Inferred Mineral Resource Estimate (MRE) and updated Exploration Target for the West Kasulu prospect within the Bronze Fox project reported under the JORC code and prepared by Resilience Mining Mongolia Limited ¹. Both the MRE and Exploration Target are open in all directions ¹.

The MRE ¹ hosts a from surface oxide component with previous metallurgical analysis and desktop studies supporting the potential for a low capex SX-EW (solvent extraction-electrowinning) development project producing a finished copper cathode product.

The majority of the MRE and Exploration Target ¹ are situated within the existing Bronze Fox mining licence with the balance being on the adjoining Tourmaline Hills exploration licence (collectively the Bronze Fox project).

With Kincora now retaining 100% ownership and optionality around adding value to the asset base, the Company intends to consider a range of options including the potential for a near term submission for a second mining license which would provide mining license coverage across the full project and be a major milestone unlocking the potential for a SX-EW development project. Kincora will consider fresh mining studies relating to the existing oxide resource reflecting recent shifting in commodity prices.

The West Kasulu prospect is hosted within a small portion of the much larger mineralised Bronze Fox Intrusive Complex, which is one of three so far identified underexplored, near surface and large porphyry complexes at the wider Bronze Fox project.

2024 field season activities undertaken by Orbminco Limited included predominately infill drilling, required to support conversion of the existing Tourmaline Hills exploration license to a mining license, plus one deep diamond drill hole ². The 2025 field season sampling and mapping activities further confirmed and expanded the potential for a higher-grade extension to the current MRE envelope ¹, which remains open ³. More recent geophysical programs comprised of Induced Polarisation (IP) and gravity surveys have also been completed reconfirming existing targets and identified additional targets for further review ⁴.

2025 field sampling and geophysical programs have also been undertaken at the Shuteen North target, which hosts extensive sub-cropping copper mineralisation and multiple intrusive systems ^{3 4}. The Shuteen North target has never been previously drilled and is interpreted to be associated with the Shuteen lithocap, the largest lithocap in the Southern Gobi. The importance of this conceptual geological setting is significant given the lithocap at the Oyu Tolgoi project was an important early-stage exploration marker and the relative size of the Shuteen lithocap relatively to Oyu Tolgoi.

The Company continues to defend a tax assessment that was relied upon to complete a merger in 2016, with the Mongolian Supreme Court scheduled to hear this case again in the next month.

Please refer to Kincora’s website and contact the Company for further details.

Footnotes

¹ The Mineral Resource Estimate (MRE) and Exploration Target have been prepared by independent consultant DG & JG Larsen Consulting Pty Ltd and are reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (JORC Code) and is not based on Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions, and as a result the estimate is not recognized under National Instrument 43-101 of the Canadian Securities Administrators (NI 43-101).

The MRE and Exploration Target were commissioned and paid for by Resilience Mining Mongolia Limited, an unrelated party, meeting a condition precedent from a Joint Venture and Acquisition Agreement, and subsequent extension agreement, that was subsequently terminated by Kincora. The MRE and Exploration Target were based on data and geological information supplied by Kincora and Resilience Mining Mongolia Limited.

The MRE and Exploration Target were reviewed by Kincora’s geological staff under the supervision of Paul Cromie (BSc Hons. M.Sc. Economic Geology, PhD, member of the Australian Institute of Mining and Metallurgy and Society of Economic Geologists), then Exploration Manager Australia, who was the Qualified Persons for the purpose of NI 43-101.

In 2022, Kincora retained a 100% interest in the project, data and reports pertaining to the MRE and Exploration Target from Resilience Mining Mongolia Limited (see the July 8, 2022, release “Kincora provides corporate update for Mongolian portfolio” for further details).

In September 2024, Kincora executed a definitive agreement with Orbminco Limited’s (formerly Woomera Mining Limited) to provide certain rights to the Mongolian project. Under the Earn-In and Joint Venture Agreement with Kincora multiple phases of exploration were undertaken by Orbminco Limited, including:

• 4Q’2024 drilling program: a sixteen hole for 2,516 metre drilling program was completed designed to infill and extend the existing MRE with results that “confirm expansion and higher-grade potential of the West Kasulu resource” ².
• 1Q’2025 mapping and surface sampling program: the program “validated historic sampling and confirm a high-grade, copper-gold extension structure at the West Kasulu prospect which is open and trends northwest beneath shallow cover”. Orbminco noted the “trend remains largely undrilled and that IP and gravity surveys are proposed to facilitate follow up drilling”. At the Shuteen North prospect, located 10km southwest of the West Kasulu MRE, “limited previous exploration has recorded extensive sub-cropping copper mineralisation and multiple phase intrusive systems associated with strong mineral alteration, which has been confirmed during the recent mapping” ³.
• 3Q’2025 geophysical program: a “large geophysical survey” included induced polarisation (IP) and gravity survey and followed up the 1Q’2025 mapping and surface sampling program. “Several IP anomalies have been identified to the west of the current resource and at Shuteen North. The results of the completed IP and gravity surveys have reconfirmed the existing targets and identified additional targets for further review” ⁴.

In accordance with the Earn-In and Joint Venture Agreement, Orbminco Limited will within 60 days following the date of effective termination deliver all technical data obtained to Kincora.

The Company is not aware of any information otherwise which materially affects the information included in the announcement referred to above and, in the care of the MRE and Exploration Target, all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply.

For further details relating to the Mongolian licenses please refer to the Company’s website (www.kincoracopper.com) and ASX listing prospectus, including the Mining Associates Technical Export Report (February 25, 2021).

References

¹ Further details and technical disclosures included in the July 26, 2022, Kincora Copper press release “Mineral resource and updated exploration target for Bronze Fox”.

² Further details and technical disclosures included in the January 14, 2025, Orbminco Limited press release “Drilling Results for Bronze Fox Copper-Gold Project”.

³ Further details and technical disclosures included in the March 26, 2025, Orbminco Limited press release “High grade copper-gold potential confirmed at Bronze Fox”

⁴ Further details and technical disclosures included in the August 15, 2025, Orbminco Limited press release “Update on Mongolian Operations”.

Kincora Copper Limited

Executive office
400 – 837 West Hastings Street 
Vancouver, BC V6C 3N6, Canada 
Tel: 1.604.283.1722 

Subsidiary office Australia
C/- JM Corporate Services
Level 6, 350 Collins Street 
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. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. 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, continued availability of capital and financing and general economic, market or business conditions. 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267334

Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a Canadian developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, headquartered in Ottawa, Ontario, is pleased to announce its acceptance into the Intellectual Property Ontario (“IPON“) program. IPON is a Government of Ontario initiative designed to help innovative companies protect and commercialize their intellectual property (“IP“). This non-dilutive funding will help accelerate patent protection and global commercialization of the Company’s proprietary silicon-enhanced spheroidized graphite technology.

Under Tier 2 of the IPON program, Focus will gain access to up to $100,000 per year in legal funding support, with a total cap of $300,000, covering up to 80 percent (80%) of eligible costs. This backing will offset the majority of costs associated with patent drafting and prosecution, claim amendments, trademark registration, prior art analysis, commercialization benchmarking, and more – delivered through a vetted roster of licensed Ontario patent agents and IP counsel.

Focus’s patent-pending technology is currently being advanced for protection in key jurisdictions including Canada, the United States, Europe, and Korea. The Company is working with MBM Intellectual Property Law (“MBM“), a leading Canadian IP firm based in Ottawa and an IPON-approved service provider, to expand its international IP footprint. IPON funding will directly support these efforts by enabling legal and commercialization services, while also laying the groundwork for future trademark registrations, copyright protections and branding strategies related to Focus’s advanced material portfolio. This includes IP for product information bulletins, technical documentation, and marketing content that support commercialization across both commercial and defence applications.

Jason Latkowcer, Vice President, Corporate Development, stated, “Our acceptance into the IPON program and the opportunity for non-dilutive funding comes at a pivotal time for Focus Graphite. This support will help us protect our patents, advance the commercialization of our silicon-enhanced battery technology, and strengthen the identity of our growing advanced materials portfolio. We continue to prioritize both commercial and defence markets, and our Ottawa headquarters provides direct access to a leading defence innovation community that is driving dual-use technologies.”

Focus is positioning its silicon-enhanced graphite technology as a dual-use solution for both high-growth commercial markets and mission-critical defence applications. Civilian use cases include electric mobility, grid-scale storage, and portable electronics, while military applications range from unmanned aerial systems and drones to compact, ruggedized power sources for war fighter gear and directed-energy platforms. The Company is actively pursuing procurement and licensing pathways with NATO partners, the Government of Canada (including the Department of National Defence), the U.S. Department of Defense (“DoD“), and other allies defence and commercial OEMs. These efforts are subject to regulatory approvals and the successful prosecution of its pending patents.

About Intellectual Property Ontario

Intellectual Property Ontario (IPON) is a provincial agency created to help Ontario businesses and researchers maximize the value of their intellectual property. IPON provides education, strategy development, and direct funding to support IP creation, protection, and commercialization. Through its Tier 2 funding stream, clients can access up to $300,000 over their participation in the program, with IPON covering up to 80% of eligible costs related to patent, trademark, and related IP services delivered by licensed Ontario IP lawyers or registered patent agents.

For more information, please visit www.ip-ontario.ca.

About Focus Graphite Advanced Materials Inc.

Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.

Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.

Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.

For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.

Investors Contact:

Dean Hanisch
CEO, Focus Graphite Inc.
dhanisch@focusgraphite.com
+1 (613) 612-6060

Jason Latkowcer
VP Corporate Development
jlatkowcer@focusgraphite.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.

In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of Focus Graphite’s acceptance into the Intellectual Property Ontario (IPON) program; the Company’s ability to access non-dilutive funding and legal services under Tier 2 of the program; the advancement and international protection of its patent-pending silicon-enhanced spheroidized graphite technology in Canada, the United States, Europe, and Korea; the development of associated trademarks, copyrights, and branding strategies; and the creation of intellectual property for product information bulletins, technical documentation, and marketing content. This forward-looking information also includes statements regarding the technology’s commercial and defence applications, its potential use in electric vehicles, consumer electronics, energy storage systems, and military-grade platforms such as drones, autonomous systems, and directed-energy devices, as well as the Company’s strategy to commercialize and license its innovations across global markets and engage with government agencies and commercial OEMs.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267354