2025/10/20 – 09:30:00 – 1086127167504384272
Koryx Announces Results Of Special Meeting
KORYX COPPER INC.
INCORPORATED IN BRITISH COLUMBIA
REGISTRATION NUMBER: BC0325566
ISIN: CA50067J2020
TSX SHARE CODE: KRY
NSX SHARE CODE: KYX
KORYX ANNOUNCES RESULTS OF SPECIAL MEETING
Koryx Copper Inc. (the “Company”) (TSX-V: KRY) (NSX: KYX) is pleased to announce the voting results of the
Company’s special meeting of shareholders (the “Meeting”) held on October 15, 2025 to approve the transfer
of the Company’s registered office and place of central administration to the Grand Duchy of Luxembourg with
continuation of the Company’s legal personality as a public limited company (société anonyme) under the
name Koryx Copper S.A. and, consequently, change of the nationality of the Company (the “Continuation”),
as well as certain ancillary resolutions (collectively, the “Resolutions”). A total of 51,606,515 common shares
were represented in person or by proxy at the Meeting, constituting approximately 53.75% of the Company’s
total issued and outstanding common shares as of the record date for the Meeting.
Each of the Resolutions put forward before the Company’s shareholders for consideration and approval at the
Meeting, as described in the Management Information Circular dated August 29, 2025, as amended by the
Company’s press release dated October 7, 2025, was duly approved by the shareholders, as detailed in the
voting results below:
Votes For % of Voted Votes Against % of Voted
Approval of the Continuation
51,605,932 99.999% 583 0.001%
Acknowledgement of the Votes For % of Voted Votes Against % of Voted
composition of the share
capital 47,699,262 92.43% 3,907,253 7.57%
Approval of the Company’s Votes For % of Voted Votes Against % of Voted
financial year and full
restatement of the Company’s
51,605,932 99.999% 583 0.001%
Articles of Association
Approval of the Company’s Votes For % of Voted Votes Against % of Voted
new registered office and
place of central
51,605,932 99.999% 583 0.001%
administration in Luxembourg
Votes For % of Voted Votes Against % of Voted
Confirmation of the current
directors 51,605,932
99.999% 583 0.001%
Votes For % of Voted Votes Against % of Voted
Fixing the number of directors 51,605,932
99.999% 583 0.001%
Votes For % of Voted Votes Withheld % of Voted
Appointment of new
Luxembourg resident director 51,606,412
– Tarik El Hanch 99.999% 103 0.001%
Votes For % of Voted Votes Withheld % of Voted
Appointment of new
Luxembourg resident director 51,606,412
– Cristina Lara 99.999% 103 0.001%
Votes For % of Voted Votes Against % of Voted
Appointment of statutory
auditor in Luxembourg 51,605,932
99.999% 583 0.001%
Further to its press release dated October 7, 2025, the Continuation will become effective on the later of (i)
the day on which authorization of the Registrar of Companies under the Business Corporations Act (British
Columbia) (the “BC Registrar”) is obtained; and (ii) the day after the Luxembourg notary signs the notarial
deed recording the Resolutions.
The Company will issue a further press release to confirm the effective date of the Continuation.
About Koryx Copper Inc.
Koryx Copper Inc. is a Canadian copper development Company focused on advancing the 100% owned Haib
Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a
large, advanced (PEA-stage) copper/molybdenum porphyry deposit in southern Namibia with a long history of
exploration and project development by multiple operators. More than 80,000m of drilling has been
conducted at Haib since the 1970’s with significant exploration programs led by companies including
Falconbridge (1964), Rio Tinto (1975) and Teck (2014). Extensive metallurgical testing and various technical
studies have also been completed at Haib to date.
The Haib Copper Project has a current mineral resource of 511Mt @ 0.33% Cu and 51 ppm Mo for 1,668kt of
contained copper and 25.9 kt contained molybdenum in the Indicated category and 308.9Mt @ 0.31% Cu and
40 ppm Mo for 949kt of contained copper and 12.4 kt contained molybdenum in the Inferred category (0.15%
Cu cut-off), as described more particularly in the current Technical Report which is publicly available under the
Company’s profile on SEDAR+ at www.sedarplus.ca.
Mineralization at Haib is typical of a porphyry copper deposit and it is one of only a few examples of a
Paleoproterozoic porphyry copper deposit in the world and one of only two in southern Africa (both in
Namibia). Due to its age, the deposit has been subjected to multiple metamorphic and deformation events
but still retains many of the classic mineralization and alteration features typical of these deposits. The
mineralization is dominantly chalcopyrite with minor bornite and chalcocite present and only minor secondary
copper minerals at surface due to the arid environment.
Additional details of the Haib Copper Project are available in the Company’s current Technical Report which
comprises its PEA titled, “Preliminary Economic Assessment of the Haib Copper Project, Namibia, National
Instrument 43-101 Technical Report” dated effective September 4, 2025 (the “Technical Report”). The
Technical Report and other information is available on the Company’s website at https://koryxcopper.com
and under the Company’s profile on SEDAR+ at www.sedarplus.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
“Heye Daun”
President, CEO and Director
20 October 2025
Sponsor
Cirrus Securities (Pty) Ltd
Member of the Namibia Securities Exchange
Additional information is also available by contacting the Company:
Julia Becker
Corporate Communications
jbecker@koryxcopper.com
+1-604-785-0850
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding the
Continuation, the Company’s ability to complete the Continuation, the timing for completing the Continuation,
the Company’s ability to obtain the approval of the BC Registrar, and the future or prospects of the Company.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or
state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while
considered reasonable by management, are inherently subject to business, market, and economic risks,
uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially
different from those expressed or implied by forward-looking statements. Although the Company has
attempted to identify important factors that could cause actual results to differ materially from those
contained in forward-looking information, other factors may cause results not to be as anticipated, estimated,
or intended. There can be no assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. Other factors which could materially affect such
forward-looking information are described in the risk factors in the Company’s most recent annual
management discussion and analysis. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
Date: 20-10-2025 09:30:00
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Namibia Securities Exchange – NAM News