tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Koryx Copper Raises $14.87 Million in Oversubscribed Placement

Story Highlights
Koryx Copper Raises $14.87 Million in Oversubscribed Placement

Koryx Copper (TSE:KRY) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Koryx Copper Inc. has successfully closed the second tranche of its oversubscribed private placement, raising a total of $14.87 million from the sale of shares. The strong demand was largely driven by the company’s management and well-known resource investors, enabling Koryx to ramp up its drilling and technical activities. This funding will support the development of its Haib Copper Project in Namibia and enhance its project portfolio in Zambia.

For further insights into TSE:KRY stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1