Koryx Copper Expands Horizons with Namibian Securities Exchange Listing

Koryx Copper Inc. has made a significant move in its strategic expansion by announcing its dual-listing on the Namibian Securities Exchange (NSX) under the symbol "KYX." This development, effective April 10, 2025, marks a pivotal moment for the company, which is already listed on the TSX Venture Exchange. The dual-listing is not just a procedural step but a calculated move to enhance market liquidity and attract a broader investor base, particularly from Namibia.

The decision to list on the NSX is rooted in Koryx Copper's commitment to Namibia and its thriving mining sector. Heye Daun, the President and CEO of Koryx Copper, emphasized that this listing is intended to make it easier for local retail and institutional shareholders to invest in the company. "We have a significant and highly supportive local Namibian shareholder base, and this listing is intended to make it easier for local retail and institutional shareholders to invest in Koryx through on-market purchases or participation in future financings," Daun stated.

The strategic advantages of this dual-listing are manifold. Firstly, it expands Koryx Copper's shareholder base, making it more accessible to local investors who may have been previously deterred by the complexities of investing in a foreign exchange. This move is expected to deepen the company's connection with local investors and underscore its confidence in Namibia as a premier mining jurisdiction.

Secondly, the dual-listing enhances market liquidity. Increased trading volumes can lead to higher share prices, making the stock more attractive to a wider range of investors. This is particularly important for a company like Koryx Copper, which is focused on advancing its 100% owned Haib Copper Project in Namibia while also building a portfolio of copper exploration licenses in Zambia.

Thirdly, the dual-listing provides Koryx Copper with access to a broader range of financing options. By being listed on both exchanges, the company can tap into different pools of capital, which can be crucial for funding its exploration and development projects. For instance, the company has already raised significant funds through private placements, with the total raised in this financing amounting to C$18m. The dual-listing can further facilitate such financings by providing additional avenues for raising capital.

Lastly, the dual-listing can enhance the company's visibility and credibility in the global mining industry. Being listed on two major exchanges can attract the attention of international investors and analysts, which can lead to increased investment and partnerships. This is evident from the company's recognition as one of the 2025 top 50 performers on the TSX Venture Exchange, based on an outstanding 400% share price appreciation and 737% market capitalization growth in 2024.

In conclusion, Koryx Copper's dual-listing on the TSX Venture Exchange and the NSX provides the company with strategic advantages that can influence its future financing and growth opportunities. By expanding its shareholder base, enhancing market liquidity, accessing a broader range of financing options, and increasing its visibility and credibility, Koryx Copper is positioning itself for long-term growth and success. This move is a testament to the company's strategic foresight and its commitment to leveraging global markets for its benefit.