More matter with less art

Cockroaches and sunlight, Kincora Copper (KCC.v) edition

I’m going to indulge in a little reverie here. It would be nice to think that this humble corner of cyberspace has contributed to the fact that companies such as Kincora Copper (KCC.v) now feel legally obliged to publish NRs like this one below, from the company last night (late evening, day before Thanksgiving….seems legit).
In it we see that KCC discloses its payments to the two-faced scumballs at Palisade since August 2017. In other words, suddenly on month 16 of a 24 month contract, they get the urge to tell people who and how they’ve been paying these pumpers. Under the price chart (my how it’s worked out well!), the full body of the text:

Kincora reports on engagement of consultant

VANCOUVER, Nov. 21, 2018 /CNW/ – Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) announces that, effective August 1, 2017,
it engaged Palisade Global Investments Ltd. (“Palisade”) as an
independent consultant to assist the Company in increasing its exposure
to the investment community by arranging introductions to qualified
investors, fund managers, brokers and analysts, assisting the Company in
expanding the distribution of its news releases and marketing
materials, including dissemination via social media and through personal
email communications, and engaging newsletter writers to cover the
Company.  Palisade will also generate research reports on the Company
and act as advisors for potential corporate transactions.

Palisade is an resource advisory group based in Belize, which focuses on small cap investments. Collin Kettell, CEO and partner, founded Palisade with Sean Zubick
in early 2013 with the goal of investing in and backing undervalued
junior mining companies, benefiting from background in project finance
and corporate development within the sector.

Under the terms of the engagement Palisade is to provide services for a 24 month period ending July 31, 2019 for a fee of $15,625 per month, which has been prepaid in full, plus expenses. 

Palisade has been issued 250,000 options with an exercise price of $0.445 and a term of 36 months, and owns 2,272,727 ordinary shares.  

About Kincora

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.