Koryx Copper (KRY) Investor presentation summary

Project overview and investment highlights

• Advancing the Haib Copper Project in Namibia, a large-scale, low-cost, long-life open pit Cu/Mo/Au project with updated PEA and technical studies completed in 2025 and a PFS underway for late 2026 publication.

• Over 120km of historical drilling and a 55km infill drill program are in progress, with recent strong drill results supporting resource growth.

• The project is located in a mining-friendly jurisdiction with excellent infrastructure and stable regulatory environment.

• Leadership team has a proven track record in Namibian mine development and value creation, with significant capital raised and share price growth since 2024.

• The company is considered undervalued relative to peers, with major near-term catalysts including the PFS in Q4 2026.

Technical and operational strategy

• Focus on right-sizing and optimizing the project, reverting to conventional sulfide flotation and investigating novel processing techniques.

• Intensive infill drilling and flowsheet optimization are underway to grow production and project scope.

• De-risking efforts include permitting, securing infrastructure, and establishing a strong social license.

• Conceptual process flowsheet includes milling, flotation, heap leach, and potential for additional copper cathode production.

• PFS process design optimization since PEA includes increased throughput, debottlenecking, and additional thickening capacity.

Financials and capital structure

• Share price as of September 15, 2026: C$3.41, with a 52-week range of C$0.85–3.90.

• 121.5 million basic shares outstanding, fully diluted to 135.92 million; market capitalization (FD) of C$459.58 million.

• Estimated cash at end of August 2026 is ~C$44.6 million, with no significant debt.

• Major shareholders include management, Ross Beaty, Teck, and several institutional investors.

• Research coverage from multiple brokers with target prices up to $8.00.