Fund manager LIM Asia takes Origo's 28.7% stake in Kincora Copper
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Fund manager LIM Asia takes Origo’s 28.7% stake in Kincora Copper

Data source: S&P Global Market Intelligence

byColin Sandell-Hay, Contributor - The Assay
8 years ago
Reading Time: 1 min read

Kincora Copper Ltd. said June 25 that LIM Asia Special Situations Master Fund Ltd. became a new cornerstone investor after acquiring a 28.7% interest in Kincora, which had been held by Origo Partners PLC, for just over C$2 million.

The 15,540,888 shares held by Origo Partners were sold at 13 Canadian cents each in an off-market deal.

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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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