Zincore Metals Inc. Announces Non-Brokered Private Placement Financing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BRITISH COLUMBIA -- (Marketwired - March 17, 2014) - Zincore Metals Inc. (TSX:ZNC) (LMA:ZNC) ("Zincore" or the "Company") is pleased to announce a non-brokered private placement of up to 6,379,040 units (the "Units") at a price of C$0.135 per unit, to raise gross proceeds of up to C$861,000. Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at C$0.19 for up to 24 months. The Company may pay a finder's fee equal to a cash payment of 6% of gross proceeds.

The net proceeds of the offering will be used for general corporate purposes and all securities issued with respect to this offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The closing of the offering is subject to receipt of all necessary regulatory approvals including that of the Toronto Stock Exchange.

This press release is not an offer of securities for sale in the United States. The securities being offered have not been and will not be registered under the United States Securities Act of 1933 and accordingly are not being offered for sale and may not be offered, sold or delivered, directly or indirectly within the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.


About Zincore

Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in Peru. The Company's common shares trade on both the Toronto and Lima Stock Exchanges under the symbol ZNC. For more information, please see our website at www.zincoremetals.com.


Forward-looking Statements:

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 22, 2013 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available.



CONTACT INFORMATION

Zincore Metals Inc.
Adam Ho, VP, Corporate Development
(604) 669-6611 ext. 3
(604) 669-6616 (FAX)
aho@zincoremetals.com
www.zincoremetals.com