Koryx Copper Files Final Short Form Prospectus in Connection With $17.4 Million Bought Deal Financing

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Last update: Jul 30, 2025

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VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (“Koryx” or the “Company”) (TSX-V: KRY) is pleased to announce that it has filed and been receipted for a final short form prospectus dated July 28, 2025 (the “Prospectus”) in connection with its previously announced “bought deal” public offering of 16,563,200 common shares (the “Offered Shares”) of the Company at a price of C$1.05 per Offered Share (the “Issue Price”) for aggregate gross proceeds to the Company of C$17,391,360 (the “Offering”), as further described in the news releases of the Company dated July 9 and 10, 2025. In addition, the Company also granted the Underwriters (as defined below) an option (the “Over-Allotment Option”), exercisable in whole or in part at any time and from time to time for up to 30 days following closing date, to purchase up to an additional 2,484,480 at the Issue Price for additional gross proceeds of up to C$2,608,704. The Underwriters have exercised the Over-Allotment Option in full.