Koryx Copper Announces Amendments to Shareholder Meeting Matters
Koryx Copper Inc.
Suite 888, 700 West Georgia Street,
Vancouver. BC, V7Y 1G5
Canada
KORYX COPPER ANNOUNCES AMENDMENTS TO SHAREHOLDER MEETING MATTERS
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, British Columbia, Canada – October 7, 2025 – Koryx Copper Inc. (the “Company”) (TSX-V: KRY) (NSX:
KYX) announced today certain amendments to its management information circular dated August 29, 2025
(the “Information Circular”) in connection with the special meeting of shareholders scheduled to be held on
Wednesday, October 15, 2025 (the “Meeting”).
At the Meeting, shareholders will be asked to approve the transfer of the Company’s registered office and place
of central administration to the Grand Duchy of Luxembourg with continuation of the Company’s legal
personality as a public limited company (société anonyme) under the name Koryx Copper S.A. and, consequently,
change of the nationality of the Company (the “Continuation”), as well as certain ancillary resolutions
(collectively, the “ Resolutions”). As originally described in the Information Circular, the effective time of the
Continuation was contemplated as being the day after the Luxembourg notary signs the notarial deed recording
the Resolutions (the “Effective Time”).
In order to continue out of British Columbia , the Company must obtain the authorization of the Registrar of
Companies under the Business Corporations Act (British Columbia) (the “ BC Registrar ”). However, d ue to an
ongoing labor dispute involving the British Columbia government and public sector workers, the Company may
not obtain the BC Registrar’s authorization by the Effective Time specified in the Information Circular.
In light of these circumstances , the Company wishes to inform shareholders that the Information Circular and
the Resolutions therein are hereby amended to clarify that any reference to the Effective Time shall be modified
so that the Continuation will become effective on the later of (i) the day on which authorization of the BC
Registrar is obtained ; and (ii) the day after the Luxembourg notary signs the notarial deed recording the
Resolutions.
Other than such change to the Effective Time, the text of the Information Circular and the Resolutions remains
unchanged.
The directors and management of the Company recommend that shareholders vote for the Resolutions. For
additional information about the Meeting, please refer to the Information Circular, which is available on SEDAR+
at www.sedarplus.ca and on the Company’s website at www.koryxcopper.com/investors-overview/agm-
documents.
About Koryx Copper Inc.
Koryx Copper Inc. is a Canadian copper development Company focused on advancing the 100% owned Haib
Copper Project in Namibia. Haib is a large, advanced (PEA -stage) copper/molybdenum porphyry deposit in
southern Namibia with a long history of exploration and project development by multiple operators. More than
80,000m of drilling has been conducted at Haib since the 1970’s with significant exploration programs led by
companies including Falconbridge (1964), Rio Tinto (1975) and Teck (2014). Extensive metallurgical testing and
various technical studies have also been completed at Haib to date.
Additional studies are underway aiming to demonstrate Haib as a future long -life, low-cost, low-risk open pit,
sulphide flotation copper project with the potential for additional copper production from heap leaching. Haib
has a current mineral resource of 414Mt @ 0.35% Cu for 1,459Mt of contained copper in the Indicated category
and 345Mt @ 0.33% Cu for 1136Mt of contained copper in the Inferred category (0.25% Cu cut-off).
Mineralization at Haib is typical of a porphyry copper deposit and it is one of only a few examples of a
Paleoproterozoic porphyry copper deposit in the world and one of only two in southern Africa (both in Namibia).
Due to its age, the deposit has been subjected to multiple metamorphic and deformation events but still retains
many of the classic mineralization and alteration features typical of these deposits. The mineralization is
dominantly chalcopyrite with minor bornite and chalcocite present and only minor secondary copper minerals at
surface due to the arid environment.
Further details of the Haib Copper Project are available in the corresponding technical report titled, “NI 43 -101
Technical Report – August 2024 Mineral Resource Estimate for the Haib Copper Project, Namibia” dated effective
August 31, 2024 (the “ Technical Report ”). The Technical Report and other information is available on the
Company’s website at https://koryxcopper.com and under the Company’s profile on SEDAR+ at www.sedarplus.ca.
More information is available by contacting the Company:
ON BEHALF OF THE BOARD OF DIRECTORS
“Heye Daun”, President & CEO
Julia Becker
Corporate Communications
+1-604-785-0850
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, the
Company’s ability to complete the Continuation, the timing for completing the Continuation, the Company’s ability
to obtain all necessary approvals for the Continuation, including the approvals of the shareholders and the BC
Registrar, holding a special meeting of shareholders, timing for completion of the Company’s intended
preliminary economic assessment (the “ PEA”) of its Haib Copper Project and the potential projected or
processing design capacity for annual copper concentrate production at its Haib Copper Project and the future
or prospects of the Company. 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.