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Koryx Copper Inc V.KRY

Alternate Symbol(s):  KRYXF

Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.


TSXV:KRY - Post by User

Comment by Yepnewpapyon Apr 27, 2022 12:32pm
114 Views
Post# 34635985

RE:RE:RE:RE:April 22 is here today

RE:RE:RE:RE:April 22 is here todayRenewal of the exploration license Haib Copper EPL 3140.

THE MINISTRY OF MINES AND ENERGY OF NAMIBIA LATE TO FILE ITS DEFENSE AND SHALL FILE AT THE LATEST ON APRIL 29, 2022

Vancouver B.C., 2022-04-27 08:48 ET - News Release summary
Deep South Resources  (TSXV: DSM)(OTCQB:DSMTF) reports that the legal counsel of the Ministry of Mines and Energy of Namibia ("Ministry") is late to file its defense affidavit and has requested an extension of 10 days to file its affidavit.

Deep-South's legal counsel indicated that they would be amenable to an extension until April 29, 2022.
Therefore, it is expected that the Ministry will file its defense on April 29, 2022 or at the latest on May 3, 2022.

In terms of the current applicable court order Deep-South will have until May 13, 2022 to file its reply to the defense of the Ministry.

The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court. Part 6 deals with sanctions for failure to comply with the rules, directions or court orders. Sanctions could be applied for failure to respect court orders.

The Court will hold another hearing on May 18, 2022, to define the further procedures with regard to the review of the decision of the Minister to deny the renewal of the exploration license Haib Copper EPL 3140.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ministry-of-mines-and-energy-of-namibia-late-to-file-its-defense-and-shall-file-at-the-latest-on-april-29-2022-301534234.html
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