Koryx Copper Inc. has announced a $10 million bought deal public offering, orchestrated with Stifel Nicolaus Canada Inc. acting as lead underwriter and sole bookrunner. The firm has agreed to purchase 9,524,000 common shares of Koryx at a price of C$1.05 per share, resulting in aggregate gross proceeds of C$10,000,200. The raised funds will be used for advancing technical studies and exploration on the Haib Copper Project, along with supporting working capital and general corporate purposes. The offering, expected to close on or around July 30, 2025, is subject to necessary approvals, including TSX Venture Exchange's conditional approval. The underwriters will receive a cash commission up to 6% of the gross proceeds and compensation warrants equivalent to 3% of the common shares sold, which can be exercised over 24 months.
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