Koryx Copper’s Dual-Listing on Namibian Securities Exchange: A New Era
Vancouver, British Columbia, April 09, 2025 – Koryx Copper Inc. (Koryx or the Company), a leading copper exploration and development company, is thrilled to share that it has fulfilled all the necessary requirements for a dual-listing on the Namibian Securities Exchange (NSX) under the symbol “KYX.”
About the Dual-Listing
Effective April 10, 2025, Koryx will have an additional listing on the NSX, with trading set to begin on this date. It’s essential to note that this dual-listing will not result in any changes to Koryx’s listing on the TSX Venture Exchange, which will continue to serve as the primary listing for the Company’s common shares.
Impact on Koryx
This strategic move by Koryx will significantly broaden its investor base and enhance its market reach. Namibia, a country known for its rich mineral resources, is an attractive market for mining companies. By listing on the NSX, Koryx will tap into the local investor community, potentially leading to increased liquidity and potential growth opportunities.
Impact on Investors
For investors, this dual-listing could bring various benefits. Firstly, it may lead to increased trading volume and liquidity, making it easier for investors to buy and sell Koryx shares. Secondly, investors in Namibia and other African countries may find it more convenient to invest in Koryx as they will no longer need to deal with foreign exchange issues. Lastly, this listing could potentially result in increased investor awareness and interest in Koryx due to its presence in a major African stock exchange.
Impact on the World
Beyond Koryx and its investors, this dual-listing could have broader implications for the global mining industry. It showcases the growing importance of African stock exchanges in the international mining landscape. As more mining companies explore listing opportunities in Africa, we could see a shift in the global mining investment landscape.
Conclusion
In conclusion, Koryx Copper’s strategic decision to list on the Namibian Securities Exchange marks a significant milestone for the Company. This dual-listing is expected to broaden Koryx’s investor base, increase market reach, and potentially lead to increased liquidity and growth opportunities. Furthermore, it underscores the growing importance of African stock exchanges in the global mining industry. As Koryx embarks on this new chapter, it sets an example for other mining companies to follow suit and explore listing opportunities in Africa.
- Koryx Copper completes requirements for dual-listing on Namibian Securities Exchange
- Trading to commence on April 10, 2025
- No change to primary listing on TSX Venture Exchange
- Broadens investor base and market reach
- Potential for increased liquidity and growth opportunities
- Significant milestone for the Company and the mining industry
