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KORYX COPPER ANNOUNCES UPSIZE OF BOUGHT DEAL FINANCING TO $40 MILLION
KORYX COPPER ANNOUNCES UPSIZE OF BOUGHT DEAL FINANCING TO $40 MILLION Canada NewsWire ...
About this update from Koryx Copper S.a.
[{"type":"text","content":"\n\n\nKORYX COPPER ANNOUNCES UPSIZE OF BOUGHT DEAL FINANCING TO $40 MILLION\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.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\nVANCOUVER, BC, Jan. 7, 2026 /CNW/ - Koryx Copper Inc. (TSXV: KRY) (\"Koryx\" or the \"Company\") is pleased to announce that due to investor demand, it has entered into an amended agreement with Stifel Canada to act as sole bookrunner, on behalf of a syndicate of underwriters (collectively, the \"Underwriters\"), to increase the size of its previously announced a \"bought deal\" private placement offering, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 16,327,000 common shares of the Company (the \"Common Shares\") at a price of C$2.45 per Common Share (the \"Issue Price\") for aggregate gross proceeds of C$40,001,150 (the \"Offering\"), with the Common Shares to be offered and sold pursuant to the Listed Issuer Financing Exemption (as defined herein).\nThe Company has granted the Underwriters an option (the \"Underwriters' Option\") to purchase (or arrange for substituted purchasers to purchase) up to an additional 2,449,050 Common Shares at the Issue Price on the same terms and conditions as the Offering. The Underwriters' Option will be exercisable, in whole or in part, at any time up until 48 hours prior to the closing of the Offering.\nThe 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.\nSubject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (\"NI 45-106\"), the Common Shares will be offered for sale to purchasers resident in each of the provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exem...