17, Bd Friedrich, Wilhelm Raiffeisen Gasperich, L-2411 Luxembourg Luxembourg KORYX COPPER ANNOUNCES COMPLETION OF CONTINUATION
17, Bd Friedrich, Wilhelm Raiffeisen
Gasperich, L-2411 Luxembourg
Luxembourg
KORYX COPPER ANNOUNCES COMPLETION OF CONTINUATION
Luxembourg – November 12, 2025 – Koryx Copper Inc. (now Koryx Copper S.A.) (the "Company") (TSX-V: KRY)
(NSX: KYX) is pleased to announce that the Registrar of Companies in British Columbia has authorized the
continuation of the Company out of British Columbia, under section 308 of the Business Corporations Act
(British Columbia), to the Grand Duchy of Luxembourg (the “Continuation”). The Continuation was approved
by the Company’s shareholders at the special meeting of shareholders (the “Special Meeting”) held on October
15, 2025.
Details of the Continuation are more particularly set out in the Company’s management information circular
dated August 29, 2025, as amended by the Company's press release dated October 7, 2025 , available under
the Company’s profile on SEDAR+ at www.sedarplus.ca.
The TSX Venture Exchange (“ TSX-V”) has conditionally approved the Continuation. In connection with the
Continuation, the Company’s name is changing from "Koryx Copper Inc." to "Koryx Copper S.A.", which formal
name change remains subject to TSX-V approval.
The Company also welcomes new independent directors Cristina Lara and Tarik El Hanch to the Board.
Cristina Lara has been serving as Director for Luxembourg entities for over 15 years. For the past 10 years, she
has led a team of financial professionals dedicated to supporting internationally based entities, primarily
focused on SPV structures. Cristina holds degrees in Accounting and in Business Administration and
Management, which provide a strong foundation for her expertise in corporate governance, financial
oversight, and cross-border structuring.
Tarik El Hanch has been serving as Director for Luxembourg entities for over 10 years. He specializes in SPV
structures and all related aspects under LuxGAAP and Luxembourg legal frameworks applicable to corporate
and financial structures. Working with int ernationally based companies, Tarik provides expert guidance on
Luxembourg accounting standards and regulatory practices. Tarik h olds a bachelor’s degree in Accountancy
Economy Option.
“We are pleased to welcome Cristina and Tarik as new directors,” said Heye Daun, Director and CEO of the
Company. “Both Cristina and Tarik bring a wide range of professional experience to Koryx as a company now
domiciled in Luxembourg that will be integral to our growth internationally.”
The appointments of Cristina Lara and Tarik El Hanch were approved at the Special Meeting and are effective
as of November 6, 2025.
On behalf of the Board of Directors
"Heye Daun"
President, CEO and Director
Additional information is also available by contacting the Company:
Julia Becker
Corporate Communications
+1-604-785-0850
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without limitation, statements regarding the Continuation and
the Company’s name change. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not expect ", "is expected ", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that,
while considered reasonable by management, are inherently subject to business, market, and economic risks,
uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially
different from those expressed or implied by forward-looking statements. Although the Company has attempted
to identify important factors that could cause actual results to differ materially from those contained in forward-
looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be
no assurance that such information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking information. Other factors which could materially affect such forward-looking information are
described in the risk factors in the Company's most recent annual management discussion and analysis. The
Company does not undertake to update any forward-looking information, except in accordance with applicable
securities laws.