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Aggregate|Copper|Exploration|PROJECT
Aggregate|Copper|Exploration|PROJECT
aggregate|copper|exploration|project

Koryx closes private placement

An image of the Haib project

Haib project

27th January 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

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TSX-V-listed Koryx Copper has closed its previously announced sidecar non-brokered private placement offering to predominantly Namibian institutional and retail investors for aggregate gross proceeds of C$5-million.

The terms are consistent with the C$46-million bought deal financing announced on January 6 and closed on January 20.

Koryx paid finder’s fees of C$150 000 to Cirrus Capital in connection with the placement.

The company intends to use the net proceeds of the placement to advance technical studies on the Haib copper project, in Namibia, and continue exploration on the property, working capital and for general corporate purposes. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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