Mr. Heye Daun reports

KORYX COPPER ANNOUNCES LISTING ON THE NAMIBIA SECURITIES EXCHANGE

Koryx Copper Inc. has completed all the requirements for a dual-listing on the Namibian Securities Exchange (NSX) under the symbol KYX, with trading to commence on April 10, 2025. There will be no change to Koryx's listing on the TSX Venture Exchange which will remain the primary listing for Koryx's common shares.

Heye Daun, president and chief executive officer of Koryx Copper, commented: "Koryx Copper's dual listing on the Namibian Securities Exchange marks an important milestone which demonstrates our commitment to Namibia and its thriving mining sector and well developed capital markets. We have a significant and highly supportive local Namibian shareholder base and this listing is intended to make it easier for local retail and institutional shareholders to invest in Koryx through on-market purchases or participation in future financings. It therefore not only deepens our connection with local investors but also underscores our confidence in Namibia as a premier mining jurisdiction. By expanding our shareholder base and enhancing market liquidity, we are strengthening our foundation for long-term growth while ensuring Namibians have a direct stake in the country's resource-driven prosperity."

In conjunction with the company's dual listing on the NSX, the company is required by the NSX to provide a summary of historical achievements and an operational overview of events, all of which have previously been released on SEDAR+ under the company's profile and further information is available on the company's website. No new information will be released on the Namibian Exchange News Service (NENS) in conjunction with the company's dual listing on the NSX, effective April 10, 2025.

About Koryx Copper Inc.

Koryx Copper is a Canadian copper development company focused on advancing the 100-per-cent-owned, preliminary-economic-assessment-stage Haib copper project in Namibia whilst also building a portfolio of copper exploration licences in Zambia.

Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia with a long history of exploration and project development by multiple operators. Mineralization at Haib is typical of a porphyry copper deposit and the deposit remains intact. Porphyry copper deposits are a major global source of copper with the best-known examples being concentrated around the Pacific Rim, North America and South America. Haib is one of the few examples of a Paleoproterozoic porphyry copper deposit in the world and one of only two in southern Africa (both in Namibia). Due to its age, the deposit has been subjected to multiple metamorphic and deformation events, but still retains many of the classic mineralization and alteration features typical of these deposits. The mineralization is dominantly chalcopyrite with minor bornite and chalcocite present and only minor secondary copper minerals at surface due to the arid environment.

More than 70,000 metres of drilling has been conducted at Haib since the 1970s with significant exploration programs led by companies including Falconbridge (1964), Rio Tinto (1975) and Teck (2014). Teck remains a strategic and supportive shareholder. In addition to extensive drilling, metallurgical testing, geophysics and geological mapping, various mine modelling, and technical studies have been completed to date.

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