Author: Matthew Dlamini

Koryx among TSXV top 50 performers of 2025

Koryx Copper Incorporated, a Canadian copper development company advancing its 100% owned Haib Copper Project in Namibia, has been recognised as one of the top 50 performers on the Toronto Stock Exchange (TSX) Venture Exchange for 2025.

According to a statement issued by the Vancouver-based company, which is also building a portfolio of copper exploration licences in Zambia, the accolade is based on an outstanding 400% share price appreciation and 737% market capitalisation growth in 2024.

The company was ranked in the top 10 mining companies in the category.

“The 50 companies on the list delivered an average share price appreciation of 207% to investors in 2024, up from 121% in 2023 and 73% in 2022,” reads the statement. The group holds a combined market capitalisation of US$21.7 billion (about N$403 billion) — an increase of over US$16 billion (about N$297 billion) over the course of the year.

“We are very proud to be recognised as a top 50 TSX Venture Exchange (TSXV) company for 2025, especially given the significant corporate restructure and re-positioning of the company in 2024,” says Koryx president and chief executive Heye Daun.

He says the award is a testament to the Koryx team’s experience and capabilities.

“Looking forward to 2025, we are fully-funded and already executing on a transformative work programme to fast track our flagship Haib Copper Project.

“We remain focused on continuing to de-risk and grow our assets while continuing to create value for shareholders,” he says.

The 2025 TSX Venture 50 showcases the top 50 of over 1 600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria of a one-year share price appreciation, market capitalisation increase, and consolidated trading value as of 31 December, 2024.

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