February 23, 2017 (TORONTO) – TSX Venture Exchange (TSXV) today announced the 2017 TSX 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 TSX Venture 50 companies will join TMX Group executives at a market open ceremony on Friday, February 24 at 9:30 a.m. ET to celebrate their achievement.
"TSX Venture Exchange is Canada's leading capital formation platform for growth stage companies and an important part of our country's vibrant and unique capital markets continuum," said Brady Fletcher, Managing Director, TSX Venture Exchange. "We are proud to once again recognize the success of TSX Venture 50 companies, and remain dedicated to fueling entrepreneurialism by providing a market where small and early-stage companies can take their ideas and innovations to the next level."
Each year, the ranking showcases TSXV-listed companies that have shown notable results in key measures of market performance. The companies included in the 2017 TSX 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 dynaCERT Inc. (DYA), a clean technology company based in Toronto.
The top performing TSX Venture 50 companies from each industry sector are:
|Clean Technology & Life Sciences||dynaCERT Inc. (DYA)|
|Diversified Industries||PharmaCan Capital Corp. (MJN)|
|Mining||Lithium X Energy Corp. (LIX)|
|Oil & Gas||Blackbird Energy Inc. (BBI)|
|Technology||Keek Inc. (KEK)|
For the full 2017 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsxventure50.com.
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, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
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Manager, Corporate Communications