Koryx Copper Closes First Tranche of Oversubscribed Non-Brokered Private Placement for $9.67 Million
Koryx Copper Closes First Tranche of Oversubscribed Non-Brokered Private Placement for $9.67 Million
10/15/24, 11:13 AM
Location
Money
$9.67 million
Industry
mining technology
mineral
mining
Type
partnership
Koryx Copper Inc. has successfully closed the first tranche of the non-brokered private placement, raising gross proceeds of $9,668,463.20 for the sale of 8,789,512 common shares at a price of $1.10 per share. The company also increased the size of the offering to raise combined gross proceeds of up to $17 million.
Company Info
Location
vancouver, british columbia, canada
Additional Info
Koryx Copper was formerly known as Deep South Resources. Koryx Copper is focused on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Koryx Copper embraces the green revolution.