Origo Partners PLC Announcement re Kincora Copper Limited
May 26 2016 - 2:01AM
RNS Non-Regulatory
TIDMOPP
Origo Partners PLC
26 May 2016
26 May 2016
Origo Partners plc
("Origo" or the "Company")
Announcement re Kincora Copper Limited
Origo notes the announcement made yesterday by its portfolio
company Kincora Copper Limited ("Kincora"). In that announcement
Kincora announced that it has reached agreement providing for the
merger of two Kincora subsidiaries with Ibex Land Mongolia LLC and
Ibex Mongolia LLC ("Ibex"), entities indirectly controlled by High
Power Exploration Inc ("HPX"). The full text of the Kincora
announcement is available at:
http://web.tmxmoney.com/article.php?newsid=6073550268274121&qm_symbol=KCC
Niklas Ponnert said: "The combined group will benefit from
increased scale through the creation of a portfolio of contiguous
copper porphyry targets in a highly prospective region, access to
one of the largest regional geophysical and surface geochemistry
datasets as well as an enhanced, experienced team with
complementary skill sets. Recent developments in Mongolia have been
positive and this transaction creates a stronger foundation upon
which Kincora can continue to develop."
For further information about Origo please visit
www.origoplc.com or contact:
Origo Partners plc niklas@origoplc.com
Niklas Ponnert
Nominated Adviser
Smith & Williamson Corporate
Finance Limited
Azhic Basirov +44 (0)20 7131
Ben Jeynes 4000
Public Relations
Aura Financial +44 (0)20 7321
Andy Mills 0000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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