Staff Writer
Koryx Copper Inc. has completed its corporate move from British Columbia to the Grand Duchy of Luxembourg.
The continuation was carried out under section 308 of British Columbia’s Business Corporations Act, authorised by the Registrar of Companies and approved by shareholders at a special meeting on 15 October 2025.
The company will now operate as Koryx Copper S.A., pending final approval from the TSX Venture Exchange. The TSX-V has already given conditional approval for the transition.
As part of the move, the company strengthened its board with two new independent directors, Cristina Lara and Tarik El Hanch.
Lara has more than 15 years of experience as a director for Luxembourg entities and has led teams managing international structures, especially special purpose vehicles. She holds degrees in accounting and in business administration and management.
El Hanch brings more than 10 years of experience in Luxembourg corporate structures, specialising in SPVs and Luxembourg’s accounting and regulatory systems.
He holds a bachelor’s degree in accountancy with an economics focus.
“We are pleased to welcome Cristina and Tarik as new directors,” said CEO and director Heye Daun.
“Both bring a wide range of professional experience that will be integral to our growth internationally as a company now domiciled in Luxembourg.”
Their appointments were approved at the October special meeting and became effective on 6 November 2025.
Koryx Copper continues to advance its 100%-owned Haib Copper Project in southern Namibia, considered one of the world’s oldest known porphyry copper deposits.
The project has an indicated mineral resource of 511 million tonnes grading 0.33% copper and 51 ppm molybdenum and an inferred resource of 309 million tonnes grading 0.31% copper and 40 ppm molybdenum at a 0.15% Cu cut-off.
The Haib deposit has undergone extensive exploration work since the 1970s by Falconbridge, Rio Tinto and Teck, with more than 80 000 metres of drilling and significant metallurgical testing completed to date.
Koryx’s preliminary economic assessment, effective 4 September, outlines the development potential of the Haib project.
Alongside Haib, the company is building a portfolio of copper exploration licences in Zambia as it positions itself as a growing copper developer in southern Africa.
Caption
Heye Daun
