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KORYX COPPER ANNOUNCES $10 MILLION BOUGHT DEAL PUBLIC OFFERING
KORYX COPPER ANNOUNCES $10 MILLION BOUGHT DEAL PUBLIC OFFERING Canada NewsWire ...
About this update from Koryx Copper S.a.
[{"type":"text","content":"\n\n\n\n KORYX COPPER ANNOUNCES $10 MILLION BOUGHT DEAL PUBLIC OFFERING\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n July 9, 2025\n \n\n /CNW/ -\n \n Koryx Copper Inc.\n \n (\"\n \n Koryx\n \n \" or the \"\n \n Company\n \n \") (TSXV: KRY) is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. (\"\n \n Stifel Canada\n \n \") to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together with Stifel Canada, the \"\n \n Underwriters\n \n \") pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 9,524,000 common shares (the \"\n \n Offered Shares\n \n \") of the Company at a price of\n \n C$1.05\n \n per Offered Share (the \"\n \n Issue Price\n \n \") for aggregate gross proceeds to the Company of\n \n C$10,000\n \n ,200 (the \"\n \n Offering\n \n \").\n \n\n The Company has granted the Underwriters an option (the \"\n \n Over-Allotment Option\n \n \"), exercisable in whole or in part at any time and from time to time for up to 30 days following the Closing Date (as defined below), to purchase up to an additional number of Offered Shares (the \"\n \n Additional Shares\n \n \") equal to 15% of the number of Offered Shares sold pursuant to the Offering at a price per Additional Share equal to the Issue Price to cover overallotments, if any, and for market stabilization purposes.\n \n\n The Company intends to use the net proceeds to advance technical studies on the Haib Copper Project and continue exploration on the property, working capital and general corporate purposes.\n \n\n The Offered Shares will be offered by way of a short form prospectus to be filed in all provinces and territories of\n \n Canada\n \n , except Québec. The Offered Shares will also be offered in\n \n the United States\n \n on a private placement basis p...