Koryx Copper Announces Planned Continuation to Luxembourg

Core Viewpoint - Koryx Copper Inc. plans to change its corporate domicile from British Columbia, Canada to Luxembourg, aiming to better align its legal structure with operational and financing strategies, while continuing to support shareholder interests [1][2]. Group 1: Corporate Change - The company intends to change its name to Koryx Copper S.A. and expects the change to be effective on October 16, 2025, pending shareholder and stock exchange approval [1][3]. - The Continuation will not disrupt the trading of the company's shares on the TSX Venture Exchange and Namibian Securities Exchange [1][4]. - A special meeting of shareholders is scheduled for October 15, 2025, to discuss the Continuation and related matters [4]. Group 2: Strategic Rationale - The Continuation is expected to provide expanded strategic flexibility and enhanced access to international markets, creating a favorable environment for future investments [2]. - The move aligns the company's legal and corporate structure with its operational footprint and financing strategy [2]. Group 3: Company Overview - Koryx Copper Inc. focuses on advancing the Haib Copper Project in Namibia, which is a significant copper/molybdenum porphyry deposit [6]. - The Haib project has a current mineral resource of 414 million tonnes at 0.35% copper in the Indicated category and 345 million tonnes at 0.33% copper in the Inferred category [7]. - The mineralization at Haib is characterized as typical of a porphyry copper deposit, with significant historical exploration and development [8].