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Koryx Copper ( (TSE:KRY) ) has provided an update.
Koryx Copper Inc. has filed a final short form prospectus for a $17.4 million bought deal financing, involving the public offering of over 16 million common shares. This financing, led by Stifel Canada and a syndicate of underwriters, aims to support the company’s ongoing projects, including the Haib Copper Project in Namibia, positioning Koryx to strengthen its market presence and operational capabilities.
The most recent analyst rating on (TSE:KRY) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Koryx Copper stock, see the TSE:KRY Stock Forecast page.
More about Koryx Copper
Koryx Copper Inc. is a Canadian copper development company focused on advancing the Haib Copper Project in Namibia and exploring two copper licenses in Zambia. The Haib project is a large, advanced copper/molybdenum porphyry deposit with a long history of exploration and development, featuring significant drilling and technical studies.
Average Trading Volume: 104,441
Technical Sentiment Signal: Buy
Current Market Cap: C$74.07M
For an in-depth examination of KRY stock, go to TipRanks’ Overview page.