Koryx Copper (TSE:KRY) has released an update.
Koryx Copper Inc. successfully closed the first tranche of its oversubscribed private placement, raising $9.67 million, with plans to increase total proceeds to $17 million. The funds will primarily support the Haib Copper Project in Namibia and the Luanshya West Project in Zambia. This financial boost underscores Koryx’s commitment to expanding its copper exploration efforts in Africa.
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