Koryx Copper Announces Amendments to Shareholder Meeting Matters

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (the “Company”) (TSX-V: KRY) (NSX: KYX) announced today certain amendments to its management information circular dated August 29, 2025 (the “Information Circular”) in connection with the special meeting of shareholders scheduled to be held on Wednesday, October 15, 2025 (the “Meeting”).

At the Meeting, shareholders will be asked to approve the transfer of the Company’s registered office and place of central administration to the Grand Duchy of Luxembourg with continuation of the Company’s legal personality as a public limited company (société anonyme) under the name Koryx Copper S.A. and, consequently, change of the nationality of the Company (the “Continuation”), as well as certain ancillary resolutions (collectively, the “Resolutions”). As originally described in the Information Circular, the effective time of the Continuation was contemplated as being the day after the Luxembourg notary signs the notarial deed recording the Resolutions (the “Effective Time”).

In order to continue out of British Columbia, the Company must obtain the authorization of the Registrar of Companies under the Business Corporations Act (British Columbia) (the “BC Registrar”). However, due to an ongoing labor dispute involving the British Columbia government and public sector workers, the Company may not obtain the BC Registrar’s authorization by the Effective Time specified in the Information Circular.

In light of these circumstances, the Company wishes to inform shareholders that the Information Circular and the Resolutions therein are hereby amended to clarify that any reference to the Effective Time shall be modified so that the Continuation will become effective on the later of (i) the day on which authorization of the BC Registrar is obtained; and (ii) the day after the Luxembourg notary signs the notarial deed recording the Resolutions.

Other than such change to the Effective Time, the text of the Information Circular and the Resolutions remains unchanged.

The directors and management of the Company recommend that shareholders vote for the Resolutions. For additional information about the Meeting, please refer to the Information Circular, which is available on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.koryxcopper.com/investors-overview/agm-documents.