Market open ceremony held today to celebrate the Venture 50 winners
February 22, 2018 (TORONTO) – TSX Venture Exchange (TSXV) is pleased to announce today the 2018 Venture 50 - an annual ranking of top performing companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Mining, Oil & Gas, and Technology. Representatives of the Venture 50 companies will join TMX Group executives at a market open ceremony today at 9:30 a.m. EST to celebrate their achievement.
"We are proud to once again recognize the breakthrough success of Venture 50 companies and to highlight one of the world's leading capital formation platforms for early-stage growth companies," said Brady Fletcher, Managing Director, TSX Venture Exchange. "TSX Venture Exchange is a vital part of Canada's unique capital markets ecosystem and we remain committed to providing a diverse range of entrepreneurs and small businesses with access to the public venture capital they need to accelerate their growth plans and take their innovative ideas to the next level."
The ranking showcases TSXV-listed companies that have shown notable results in key measures of market performance. The companies included in the 2018 Venture 50 were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
The top ranked company across all sectors is Garibaldi Resources Corp. (GGI), a Canadian-based mining company with assets in Mexico and British Columbia.
The top performing Venture 50 companies from each industry sector are:
|Clean Technology & Life Sciences||Emerald Health Therapeutics, Inc. (EMH)|
|Diversified Industries||Radient Technologies Inc. (RTI)|
|Mining||Garibaldi Resources Corp. (GGI)|
|Energy & Energy Services||Gen III Oil Corporation (GIII)|
|Technology||Reliq Health Technologies Inc. (RHT)|
For the full 2018 Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. ET and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m. ET.
This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX Venture Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Please seek professional advice to evaluate specific securities. Listing on TSX Venture Exchange does not guarantee the future performance of a security or an issuer. TMX, TMX Group, Toronto Stock Exchange, TSX, TSX Venture Exchange, TSX Venture 50 and TSXV are trademarks of TSX Inc.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
For more information please contact:
Manager, Corporate Communications