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Koryx Publicizes Outcomes of Particular Assembly

EditorialBy EditorialOctober 18, 2025No Comments6 Mins Read

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Koryx Copper Inc. (the ” Firm “) ( TSX-V: KRY ) ( NSX: KYX ) is happy to announce the voting outcomes of the Firm’s particular assembly of shareholders (the ” Assembly “) held on October 15, 2025 to approve the switch of the Firm’s registered workplace and place of central administration to the Grand Duchy of Luxembourg with continuation of the Firm’s authorized character as a public restricted firm ( société anonyme ) below the identify Koryx Copper S.A. and, consequently, change of the nationality of the Firm (the ” Continuation “), in addition to sure ancillary resolutions (collectively, the ” Resolutions “). A complete of 51,606,515 widespread shares had been represented in particular person or by proxy on the Assembly, constituting roughly 53.75% of the Firm’s complete issued and excellent widespread shares as of the document date for the Assembly.

Every of the Resolutions put ahead earlier than the Firm’s shareholders for consideration and approval on the Assembly, as described within the Administration Data Round dated August 29, 2025, as amended by the Firm’s press launch dated October 7, 2025, was duly authorised by the shareholders, as detailed within the voting outcomes under:

Approval of the Continuation Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%
Acknowledgement of the composition of the share capital Votes For % of Voted Votes Towards % of Voted
47,699,262 92.43% 3,907,253 7.57%
Approval of the Firm’s monetary yr and full restatement of the Firm’s Articles of Affiliation Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%
Approval of the Firm’s new registered workplace and place of central administration in Luxembourg Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%
Affirmation of the present administrators Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%
Fixing the variety of administrators Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%
Appointment of recent Luxembourg resident director – Tarik El Hanch Votes For % of Voted Votes Withheld % of Voted
51,606,412 99.999% 103 0.001%
Appointment of recent Luxembourg resident director – Cristina Lara Votes For % of Voted Votes Withheld % of Voted
51,606,412 99.999% 103 0.001%
Appointment of statutory auditor in Luxembourg Votes For % of Voted Votes Towards % of Voted
51,605,932 99.999% 583 0.001%

Additional to its press launch dated October 7, 2025, the Continuation will change into efficient on the later of (i) the day on which authorization of the Registrar of Corporations below the Enterprise Firms Act (British Columbia) (the ” BC Registrar “) is obtained; and (ii) the day after the Luxembourg notary indicators the notarial deed recording the Resolutions.

The Firm will difficulty an additional press launch to substantiate the efficient date of the Continuation.

About Koryx Copper Inc.

Koryx Copper Inc. is a Canadian copper improvement Firm centered on advancing the 100% owned Haib Copper Mission in Namibia while additionally constructing a portfolio of copper exploration licenses in Zambia. Haib is a big, superior (PEA-stage) copper/molybdenum porphyry deposit in southern Namibia with an extended historical past of exploration and venture improvement by a number of operators. Greater than 80,000m of drilling has been carried out at Haib for the reason that 1970’s with important exploration packages led by corporations together with Falconbridge (1964), Rio Tinto (1975) and Teck (2014). In depth metallurgical testing and numerous technical research have additionally been accomplished at Haib so far.

The Haib Copper Mission  has a present mineral useful resource of 511Mt @ 0.33% Cu and 51 ppm Mo for 1,668kt of contained copper and 25.9 kt contained molybdenum within the Indicated class and 308.9Mt @ 0.31% Cu and 40 ppm Mo for 949kt of contained copper and 12.4 kt contained molybdenum within the Inferred class (0.15% Cu cut-off), as described extra significantly within the present Technical Report which is publicly out there below the Firm’s profile on SEDAR+ at www.sedarplus.ca.

Mineralization at Haib is typical of a porphyry copper deposit and it’s one among only some examples of a Paleoproterozoic porphyry copper deposit on this planet and one among solely two in southern Africa (each in Namibia). On account of its age, the deposit has been subjected to a number of metamorphic and deformation occasions however nonetheless retains most of the traditional mineralization and alteration options typical of those deposits. The mineralization is dominantly chalcopyrite with minor bornite and chalcocite current and solely minor secondary copper minerals at floor because of the arid setting.

Further particulars of the Haib Copper Mission can be found within the Firm’s present Technical Report which includes its PEA titled, “Preliminary Financial Evaluation of the Haib Copper Mission, Namibia, Nationwide Instrument 43-101 Technical Report” dated efficient September 4, 2025 (the ” Technical Report “). The Technical Report and different info is on the market on the Firm’s web site at https://koryxcopper.com and below the Firm’s profile on SEDAR+ at www.sedarplus.ca .

ON BEHALF OF THE BOARD OF DIRECTORS
“Heye Daun”
President, CEO and Director

Further info can be out there by contacting the Firm:

Julia Becker
Company Communications
jbecker@koryxcopper.com
+1-604-785-0850
Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Cautionary Assertion Relating to Ahead-Wanting Data

This press launch comprises “forward-looking info” inside the which means of relevant Canadian securities laws. Ahead-looking info consists of, with out limitation, statements concerning the Continuation, the Firm’s skill to finish the Continuation, the timing for finishing the Continuation, the Firm’s skill to acquire the approval of the BC Registrar, and the long run or prospects of the Firm. Typically, forward-looking info might be recognized by means of forward-looking terminology resembling “plans”, “expects” or “doesn’t count on”, “is predicted”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “might”, “would”, “would possibly” or “shall be taken”, “happen” or “be achieved”. Ahead-looking statements are essentially based mostly upon plenty of assumptions that, whereas thought-about cheap by administration, are inherently topic to enterprise, market, and financial dangers, uncertainties, and contingencies that will trigger precise outcomes, efficiency, or achievements to be materially totally different from these expressed or implied by forward-looking statements. Though the Firm has tried to establish necessary elements that might trigger precise outcomes to vary materially from these contained in forward-looking info, different elements might trigger outcomes to not be as anticipated, estimated, or meant. There might be no assurance that such info will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking info. Different elements which might materially have an effect on such forward-looking info are described within the threat elements within the Firm’s most up-to-date annual administration dialogue and evaluation. The Firm doesn’t undertake to replace any forward-looking info, besides in accordance with relevant securities legal guidelines.

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