Koryx Copper Announces Closing of $25 Million Financing

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Last update: Jul 31, 2025

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VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (the “Company”) (TSX-V: KRY) is pleased to announce that it has closed (i) its previously announced bought deal public offering (The “Offering”) of an aggregate 19,047,680 common shares of the Company (the “Common Shares”) at a price of C$1.05 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of C$20,000,064, inclusive of the exercise in full of the over-allotment option granted to the Underwriters (defined herein) (the “Offering”), and (ii) closed a concurrent non-brokered private placement (the “Placement”) of an aggregate 4,761,844 Common Shares also at the Issue Price for total gross proceeds of approximately C$5,000,000.