Moore Australia client debuts on the ASX with $10m IPO

Moore Australia client debuts on the ASX with $10m IPO

Moore Australia

Moore Australia congratulates client Kincora Copper, for its successful listing on the Australian Stock Exchange (ASX) today.

“We are delighted to see Kincora Copper, which is already listed on Canada’s TSX Venture Exchange, dual list on ASX this morning with a $10 million Initial Public Offering (IPO),” says Moore Australia (WA) Managing Partner, David Tomasi.

“It has been a pleasure working alongside our Moore Australia (NSW) colleagues in preparing Kincora Copper’s Investigating Accountants Report over the last couple of months. To see them receive such a strong response from investors and oversubscribing on their Initial Public Offering on the ASX is inspiring. We wish them all the best going forward,” says Neil Pace, Audit Partner, Moore Australia (WA).

About Kincora Copper
Kincora Copper is an active explorer and project generator focused on world-class copper-gold discoveries with the near-term ambition to become the leading listed pure play explorer.

Kincora is currently drilling the only brownfield project (Trundle) held by a listed junior in Australia’s foremost porphyry belt (the Macquarie Arc, in NSW), with district scale project pipeline. The Company has assembled a leading technical team that it considers to be industry leading, who have made multiple Tier 1 copper discoveries, have ‘skin in the game’ equity ownership and are backed by a strong institutional shareholder base and recently Australian capital market investors through a dual listing on the ASX.

Kincora has corporate offices in Vancouver and Melbourne, an operating office in Ulannbaatar, operations in Trundle, New South Wales and a year-round camp in the Southern Gobi.