Koryx Copper has upgraded to the OTCQX Best Market, a move aimed at strengthening access to United States investors as it progresses the Haib Copper Project in southern Namibia.
The company confirmed it has transitioned from the OTCQB Venture Market and will trade under the symbol KRYXF, placing it among issuers that meet more stringent financial and corporate governance standards.
Koryx said the upgrade reflects compliance with enhanced disclosure requirements and is expected to improve its visibility and credibility among a broader international investor base.
The OTCQX market, operated by OTC Markets Group Inc., is reserved for established companies that meet high financial standards, adhere to best-practice governance and comply with applicable securities regulations.
Koryx’s primary asset, the Haib Copper Project, is a large-scale copper, molybdenum and gold deposit located in southern Namibia. The company is advancing the project towards development, supported by ongoing technical and metallurgical work.
Haib has an extensive exploration history, with more than 120,000 metres of drilling completed since the 1970s by major mining houses including Rio Tinto and Teck Resources.
Current studies are focused on positioning the project as a long-life, low-cost open-pit operation, with additional production potential from heap leaching.
The company said further work is under way to demonstrate Haib as a low-risk sulphide flotation copper project, while assessing opportunities to enhance output through supplementary processing routes.
Koryx added that Haib represents a rare Paleoproterozoic porphyry copper system and is one of only two known deposits of its kind in southern Africa, underlining its strategic importance within Namibia’s developing copper sector.
Beyond Namibia, the company is expanding its footprint through exploration licences in Zambia as part of a broader strategy to build a diversified copper portfolio anchored by its flagship Haib asset.
