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Kincora Copper Limited (ASX:KCC)

ALERT: Price-sensitive ASX Announcement for KCC
Current share price for KCC : $0.820 -0.43 (-34.40%)+
Announcement
Release
14 Nov 2025 8:46AM
Price at Release
$1.250
Full Release
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Summary
Kincora Copper Limited, an exploration stage company, reported its financial results for the nine-month period ending September 30, 2025. The company experienced a net loss of $2.786 million, compared to a $1.745 million loss in the same period the previous year. This increase in losses was largely attributed to higher non-cash share-based compensation, which rose from $794,000 to $1.413 million, among other increased expenses such as consultancy and investor relations. The company also managed to raise $4 million through private placement and had a cash reserve of $4.336 million by the end of the period. Kincora continues its exploration activities, particularly in the Macquarie Arc and Fairholme project, with notable exploration expenditures. The company also acknowledged receipt of exploration funds from AngloGold as part of a joint venture agreement.
Key Points
  • Net loss for the period was $2.786 million.
  • Share-based compensation increased to $1.413 million.
  • A private placement raised $4 million.
  • Cash reserves amounted to $4.336 million at period end.
  • Exploration activities focused on Macquarie Arc and Fairholme project.
  • Received exploration funds from AngloGold under a joint venture.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.