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Koryx Copper ( (TSE:KRY) ) just unveiled an announcement.
Koryx Copper Inc. announced its plan to change its corporate domicile from British Columbia, Canada, to Luxembourg, under the new name Koryx Copper S.A. This strategic move aims to align the company’s legal and corporate structure with its operational footprint and financing strategy, providing enhanced access to international markets and a favorable investment environment. The company’s shares will continue trading on the TSX Venture Exchange and Namibian Securities Exchange, ensuring no disruption in its market presence. The transition is expected to support shareholder interests and maintain the continuity of business operations.
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 company focused on the development of the Haib Copper Project in Namibia, which is a large, advanced copper/molybdenum porphyry deposit. The project has undergone extensive exploration and technical studies, aiming to establish it as a long-life, low-cost, low-risk open pit copper project.
Average Trading Volume: 130,481
Technical Sentiment Signal: Buy
Current Market Cap: C$100.1M
For a thorough assessment of KRY stock, go to TipRanks’ Stock Analysis page.