Koryx Copper Inc. announced a non-brokered private placement of 23,157,692 units at a price of CAD 0.065 per unit for a gross proceed of CAD 1,505,249.98 on March 28, 2024. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.10 for 36 months from the date of closing of the private placement. Each security issued has a mandatory four month and a day hold period from the closing date of the placement and in accordance with applicable securities laws. The company paid finders fees totaling 1,346,154 units with the same terms of the offering.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 14 placees including existing insider involvement of one insider for 69,230.