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Koryx Copper completes name change

2023-11-10 11:21 ET - News Release

Mr. Pierre Leveille reports

DEEP-SOUTH COMPLETES NAME CHANGE TO KORYX COPPER INC.

Deep-South Resources Inc. has completed its name change to Koryx Copper Inc. and a symbol change. The company's new trading symbol will be KRY and its Cusip number will be 50067J103 and its new ISIN (international securities identification number) is CA50067J1030.

There is no change in the share capital of the company and no action is required to be taken by the company's shareholders with respect to this corporate name change.

Pierre Leveille, president and chief executive officer of Deep-South, stated: "The name Deep-South is representing the far south region of Namibia but also represent the area called Deep South in the USA, which is a symbol of segregation. Our company values are opposite to this symbolic. We have decided to change the name to offer a better representativity of our core values.

"The name Koryx is an amalgamation of the word Karas, which represents the province in which the company operates in Namibia, and the name oryx, which is an antelope of Namibia. The oryx is the animal national emblem of Namibia and is represented on the national armouries. The oryx is a symbol for courage, elegance, pride and strength. This is a better representation of our core values, which also include working with and for our people of the Karas region in the south of Namibia and to develop a project for which Karas and Namibian people will be proud for many years to come."

About Koryx Copper Inc.

Koryx Copper is a mineral exploration and development company. Koryx Copper's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The company holds the Haib copper project in Namibia and holds an interest in three exploration licences in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Koryx Copper embraces the green revolution.

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