Koryx Copper Inc (QB) (KRYXF) Cotización

KRYXF one for 5 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Koryx Copper ( $KRY ) boasts a market capitalization of over $14.13 million, signaling its presence and potential in the mineral exploration landscape of Africa.

With a market cap exceeding $14.13M, $KRY prioritizes quality assets in stable regions with infrastructure proximity.

Koryx Copper Inc.'s ($KRY) current price stands at $0.08, marking a notable 14.286% increase. This surge underscores positive market sentiment surrounding the company, reflecting investor confidence in its exploration and development endeavors within Africa's mineral-rich regions.

With a growth strategy centered on quality assets, significant mineralized trends, and stable countries, Koryx Copper ($KRY) positions itself strategically in the global mining landscape.


https://www.tradingview.com/symbols/TSXV-KRY/financials-overview/

Effective Nov. 28,2023 DSMTF will change to KRYXF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

DSMTF: effective Nov. 10,2023 Deep South Resources Inc will change to Koryx Copper Inc

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Deep-South Resources positions itself as a potential leader in the metals and mining industry by possessing one of the major copper reserves in the sector. There are 5.3 billion pounds worth of copper reserves in this company.

Know More:- https://drive.google.com/file/d/1XKXWa3s4bUmb0fh-VKZdmESZIsAryN1T/view

Deep-South Resources has attracted the attention of both investors and mining enthusiasts with its intriguing contradiction: a significant copper reserve of 5.3 billion pounds versus a small market capitalization of only $7.5 million USD.

Hoping for news soon..

Waiting for news, might be next week event

$DSMTF trading at the high of the day.

Nice $DSMTF BID at 0.054...

.0643's could come quick here!

DSMTF

$DSMTF trading over its 10-day average volume heading into the close, and green.

$DSMTF trading at almost 4x its 10-day average volume as Power Hour approaches...BID moving up and building.

Could we be getting News this week?

Nhod up!

DSMTF

Getting some volume here with better bids

Come on $DSMTF, give us some blockbuster News from the court hearing!

$DSMTF closing strong to end the week.

Well...it's looking like next week or maybe after Thanksgiving for $DSMTF News.

$DSMTF UP over 5%, trading on low volume...as we wait for updates on the court hearing.

Nhod ready to go!

DSMTF

Yes, I'm hoping this week too for an update from $DSMTF.

Hopefully this week!

$DSMTF ASK/BID range needs to tighten up...probably people are waiting for an update on the court hearing.

Well, I certainly hope that a favorable ruling for $DSMTF will bring with it some visibility to potential new investors as well as encourage current ones to load up.

Any thoughts on what the court ruling will do for the stock if it is in our favor?

Looks like some people are willing to wait on $DSMTF to get these court proceedings sorted...nice opportunity to load cheaper shares though.

DSMTF is primed and ready, awaiting upcoming court ruling.

High Court of Namibia Orders the Ministry of Mines to File Further Documents with the Court no Later than November 18, 2021
10:48 am ET November 12, 2021

Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) reports that at the Court hearing on November, 11, 2021, the legal counsel of the Ministry of Mines and Energy of Namibia ("Ministry") requested an additional week to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. The High Court of Namibia granted the Ministry the requested time to complete the filing. Deep-South's legal counsel will have ten court days to review the documents of the Ministry and decide if the Applicant Haib Minerals (Deep-South's fully owned subsidiary) will supplement its affidavit and supporting documents. Furthermore, Haib Minerals legal counsel in a status report also requested the court to issue an Order to facilitate a fair and expeditious determination of the Haib Minerals original application to review the decision of the Minister.

The Court will hold another hearing on November 25, 2021, to define the further procedures with regards to the review of the decision of the Minister.

The Company will provide regular updates in this regard and any other matter concerning this situation.

Corporate update

While recuperating Haib Copper mineral rights remains a top priority, Management continues to seek another copper project. Some projects have been identified and discussions with their owners are taking place. The Company will provide an update on the matter in due course. The Management is determined to develop Deep-South as a developer of important copper projects.

Notes on the Court application to review the decision of the Minister to not renew the Haib Copper licence

As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to an upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. The latter was already started at the time of the refusal. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.

As a result of the Minister's refusal to renew the Licence, the Company terminated all work on site and proceeded with the retrenchment of its employees on site.

The Company is vigorously contesting the decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.

About Deep-South Resources Inc

Deep-South Resources is a mineral exploration and development company Deep-South 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. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information

Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward looking information. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information. These forward-looking statements relate to, among other things: the Minister's refusal to renew the Company's Licence, the Company's intention to contest the Minister's decision before the Courts of Namibia and the outcome of such proceedings.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Deep-South, are inherently subject to significant technical, political, business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or events to differ materially from current expectations include, among other things: political risks associated with the Company's operations in Namibia; the failure of the Namibian Government to comply with its continuing obligations under the Act to allow for the renewal of the Licence; the impact of changes in, or to the more aggressive enforcement of, laws, regulations and government practices; the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis for its quarter ended ended February 28, 2021 available on SEDAR at www.sedar.com.

There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and unknown could cause actual results, performance or achievements to vary or differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered carefully when making decisions with respect to Deep-South, and prospective investors should not place undue reliance on forward looking information. Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.

https://c212.net/c/img/favicon.png?sn=TO74379&sd=2021-11-12

View original content:https://www.prnewswire.com/news-releases/high-court-of-namibia-orders-the-ministry-of-mines-to-file-further-documents-with-the-court-no-later-than-november-18-2021-301423153.html

SOURCE Deep-South Resources Inc.

DSMTF is primed and ready, awaiting upcoming court ruling.

High Court of Namibia Orders the Ministry of Mines to File Further Documents with the Court no Later than November 18, 2021
10:48 am ET November 12, 2021

Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) reports that at the Court hearing on November, 11, 2021, the legal counsel of the Ministry of Mines and Energy of Namibia ("Ministry") requested an additional week to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal. The High Court of Namibia granted the Ministry the requested time to complete the filing. Deep-South's legal counsel will have ten court days to review the documents of the Ministry and decide if the Applicant Haib Minerals (Deep-South's fully owned subsidiary) will supplement its affidavit and supporting documents. Furthermore, Haib Minerals legal counsel in a status report also requested the court to issue an Order to facilitate a fair and expeditious determination of the Haib Minerals original application to review the decision of the Minister.

The Court will hold another hearing on November 25, 2021, to define the further procedures with regards to the review of the decision of the Minister.

The Company will provide regular updates in this regard and any other matter concerning this situation.

Corporate update

While recuperating Haib Copper mineral rights remains a top priority, Management continues to seek another copper project. Some projects have been identified and discussions with their owners are taking place. The Company will provide an update on the matter in due course. The Management is determined to develop Deep-South as a developer of important copper projects.

Notes on the Court application to review the decision of the Minister to not renew the Haib Copper licence

As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to an upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. The latter was already started at the time of the refusal. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.

As a result of the Minister's refusal to renew the Licence, the Company terminated all work on site and proceeded with the retrenchment of its employees on site.

The Company is vigorously contesting the decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.

About Deep-South Resources Inc

Deep-South Resources is a mineral exploration and development company Deep-South 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. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information

Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward looking information. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information. These forward-looking statements relate to, among other things: the Minister's refusal to renew the Company's Licence, the Company's intention to contest the Minister's decision before the Courts of Namibia and the outcome of such proceedings.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Deep-South, are inherently subject to significant technical, political, business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or events to differ materially from current expectations include, among other things: political risks associated with the Company's operations in Namibia; the failure of the Namibian Government to comply with its continuing obligations under the Act to allow for the renewal of the Licence; the impact of changes in, or to the more aggressive enforcement of, laws, regulations and government practices; the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis for its quarter ended ended February 28, 2021 available on SEDAR at www.sedar.com.

There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and unknown could cause actual results, performance or achievements to vary or differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered carefully when making decisions with respect to Deep-South, and prospective investors should not place undue reliance on forward looking information. Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.

https://c212.net/c/img/favicon.png?sn=TO74379&sd=2021-11-12

View original content:https://www.prnewswire.com/news-releases/high-court-of-namibia-orders-the-ministry-of-mines-to-file-further-documents-with-the-court-no-later-than-november-18-2021-301423153.html

SOURCE Deep-South Resources Inc.

$DSMTF on watch for News this week on the court hearing from last week.

Hoping to see $DSMTF News next week updating us on the court hearing.

$DSMTF High Court of Namibia Orders the Ministry of Mines to File Further Documents with the Court no Later than November 18, 2021 https://finance.yahoo.com/news/high-court-namibia-orders-ministry-154800046.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo

I've got my scanners searching for $DSMTF News, following up on yesterday's court hearing.

$DSMTF High Court of Namibia orders the Ministry of Mines to file further documents with the Court before November 11, 2021 https://finance.yahoo.com/news/high-court-namibia-orders-ministry-143000060.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo

Today was the $DSMTF court date...I would think that we'll hear something in a few days, or by the end of next week at the latest.

The Court will hold another hearing on November 11, 2021, to define the further procedures with regards to the review of the decision of the Minister.

$DSMTF trading well on low volume, UP almost 8%!

Yes, today is the day that filings are due in this important case which can mean a great deal of value to DSMTF in regards to solidifying the company's calms for the copper mining property in Nambia. It's time to be paying close attention here for new updates.

High Court of Namibia orders the Ministry of Mines to file further documents with the Court before November 11, 2021
https://www.prnewswire.com/news-releases/high-court-of-namibia-orders-the-ministry-of-mines-to-file-further-documents-with-the-court-before-november-11-2021-301414283.html

$DSMTF has a court date tomorrow... although I would expect a minimum of a week before we hear anything.

Could see another update soon.

DSMTF

That could be said on just about every OTC Markets company...that's why you do DD and continue to verify it until sell.

At this point, $DSMTF has a definite upside.

That true there is a low O/S but unlimited A/S could turn into anything down the road

That's the first time that I've ever seen that but the O/S is pretty low for an OTC company, they have audited financials, and are listed OTCQB...all very good things!

Agreed, I have $DSMTF on high alert with that pending court date on Thursday.

I dont like how their A/S is unlimited on OTC website.

DSMTF should be in play soon with the next action on their high value court claim set to take place this week, as we saw announced:

High Court of Namibia orders the Ministry of Mines to file further documents with the Court before
November 11, 2021

VANCOUVER, BC, Nov. 2, 2021 /CNW/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSX-V: DSM) reports that at the Court hearing on October 28, 2021, the High Court of Namibia ordered the Ministry of Mines and Energy of Namibia ("Ministry") to complete its filing of the documents supporting the decision of the Minister to refuse the Haib Copper licence renewal before November 11, 2021. The Ministry proceeded with a first filing on October 21, 2021 but it was not complete and did not include any documents directly related to the decision of the Minister to deny the renewal of the Haib Copper licence.

Nice $DSMTF close last week... looking for a continuation this week!

+21.47% closing strong!

DSMTF

$DSMTF is trading 40% of its 10-day average volume as we head into the final 30 minutes of trading, but it's UP almost 22%!