Corporate Structure - Koryx Copper Inc. has completed a vertical short-form amalgamation with its wholly-owned subsidiary 1054137 B.C. Ltd. effective March 19, 2025, to simplify its corporate and reporting structure [1][2] - The resulting company, AmalCo, retains the name "Koryx Copper Inc." and maintains the same Articles, issued no new securities, and keeps the trading symbol "KRY" unchanged [3] Business Operations - Koryx Copper Inc. is focused on advancing the 100% owned Haib Copper Project in Namibia and building a portfolio of copper exploration licenses in Zambia [5] - The Haib Copper Project has a current mineral resource of 414 million tonnes at 0.35% copper for 1,459 million tonnes of contained copper in the Indicated category, and 345 million tonnes at 0.33% copper for 1,136 million tonnes of contained copper in the Inferred category [6] Geological Characteristics - The mineralization at Haib is typical of a porphyry copper deposit, characterized by dominant chalcopyrite with minor bornite and chalcocite, and is one of the few paleoproterozoic porphyry copper deposits globally [7]
Koryx Copper Completes Internal Restructure to Simplify Corporate and Reporting Structures
Globenewswire·2025-03-28 18:51