Kincora Copper (ASX:KCC) received a tranche of $1.5 million relating to the divestment of its wholly-owned Mongolian subsidiaries, according to a Monday Australian bourse filing.
It has received a total of $6.5 million to date; the remaining balance of $3.5 million is scheduled to be received on or before Dec. 31.
Its shares fell 4% in recent trading on Monday.
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