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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

Post by Yepnewpapyon Sep 20, 2022 8:49am
178 Views
Post# 34973191

New PR

New PRhttps://www.deepsouthresources.com/investors/news-releases/deep-south-will-close-264000-of-a-non-brokered-private-placement/
Deep-South will close $264,000 of a non-brokered private placement
Vancouver, B.C., Canada – September 20, 2022 – Deep-South Resources Inc. ("Deep-South" or the Company) (TSX-V: DSM) announces that it will close a first tranche in a new non-brokered private placement. The first tranche will be closed for an amount of $264,000.
The offering will comprise up to 15 million units at $0.05 per unit for a total of up to $750,000. Each Unit will consist of one (1) common share and one half (1/2) of one common share purchase warrant (“Warrant”).  Each whole Warrant will entitle the holder thereof to purchase one (1) common share at an exercise price of $0.10 for thirty-six (36) months from the date of closing of the private placement. Each security issued has a mandatory four (4) month hold period from the date of closing of the placement.
The Company may pay a finder’s fee to eligible persons in compliance with applicable securities laws and exchange policies. This financing is subject to TSX Venture Exchange approval.
The proceeds of the private placement will be used for further exploration on the projects in Zambia and for general working capital



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