Kincora Copper Limited welcomed The Bloomfield Group as the company's largest shareholder and the lead investor in the recently completed AUD 2.4 million raising which increased its shareholding to 12.9%. Luke Murray, Chief Operating Officer of The Bloomfield Group, joins the Company's board as a non-executive director and brings senior executive experience in open cut mining, processing, logistics and permitting in New South Wales to the Kincora team. Concurrently, Lewis Marks has stepped down as a non-executive director, but remains as an advisor to the Company.

Mr. Luke Murray brings to the Kincora team current broad senior management experience in mine planning, operations, processing, logistics, approvals and regulatory compliance in NSW mining. Luke holds a Bachelor of Mining Engineering from the University of NSW and a Masters in Applied Finance from the University of Newcastle. He is a graduate of the Australian Institute of Company Directors, a member of the Mine Managers Association of Australia, and contributes to the development of emerging leaders by acting as an examiner of candidates for the qualification of Open Cut Mining Engineering Manager in NSW.

Luke is currently Chief Operating Officer of The Bloomfield Group. He is responsible for safe, efficient, low cost production from two open cut coal mines and an engineering, machining and fabrication business and for the successful execution of group capital projects.