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Koryx Copper Announces Fully Committed $2 Million Non-Brokered Private Placement and Share Consolidation
Koryx Copper Inc. (TSX-V: KRY) is pleased to announce that it has received commitments for CAD$2,000,000 proceeds pursuant to a non-brokered private placement (the "Offering") for the sale of up to 16,666,666 common shares of the Company (the "Shares") at a price of $0.12 per Share.
Koryx Copper Intersects 338.61 Meters At 0.38% Cu Eq Including 230.61 Meters At 0.45% Cu Eq and Multiple 2 Meters Intersections Over 1.00% Cu Eq
Significant copper and molybdenum intersections include: HM09: 137.60m @ 0.51% Cu Eq including 72m @ 0.68% Cu Eq from 8.00mHM18: 22.00m @ 0.54% CuEq from 12.00mHM42: 338.61m from surface @ 0.38% Cu Eq
Koryx Copper Intersects 207 Meters at 0.49% and 116 Meters at 0.54% Copper Equivalent
Koryx Copper Intersects 98.00 M @ 0.43% Cu Eq, Including 4 M @ 1.12% Cu Eq and 2 M @ 1.47% Cu Eq
Significant copper and molybdenum intersections include: HM17: 0.93% CuEq over 12 meters from near surface including 4 m @ 1.52% CuEq.HM32: 0.43% CuEq over 98.00 m including 4 m @ 1.12% CuEq, 2.00 m @
Koryx Copper Intersects 168.60 Metres at 0.40% Cu Eq Including Multiple 2 M Intersections >1.00% Cu Eq and 34.00 M at 0.73% Cu Eq Including 2 M at 2.28% Cu Eq
Significant copper and molybdenum intersections include: HM34: 1.06% CuEq over 16 metres from near surface including 8 m @ 1.71% CuEq; and 0.40% CuEq over 168.60 m including 2 m @ 1.50% CuEq, 2 m @ 1.
Koryx Copper Closed a Non-Brokered Private Placement Totaling $1,505,250
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 28, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ("Koryx" or the "C