TORONTO, Feb. 26, 2016 /CNW/ - TSX Venture Exchange (TSXV) today announced the 2016 TSX Venture 50TM, 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 today join exchange executives at a market open ceremony to celebrate their achievement.
Each year, the ranking showcases TSXV-listed companies that have shown notable results in key measures of market performance. The companies included in the 2016 TSX Venture 50 were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
"TSX Venture Exchange is a unique incubator of early-stage public companies and an important part of Canada's innovation and entrepreneurial ecosystem," said John McCoach, President, TSX Venture Exchange. "We are proud to once again recognize and celebrate the success of TSX Venture 50 companies, and we wish each of them continued growth and success."
The top performing TSX Venture 50 companies from each industry sector are:
For the full 2016 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsxventure50.com.
This is not 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 and this is not an invitation to purchase securities on TSX Venture Exchange. Please seek professional advice to evaluate specific securities.TSX, TSX Venture Exchange and TSX Venture 50 are all trademarks of TSX Inc.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open and close ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the Toronto TOC. Those featured in the market opening and market closing move into position for the ceremony at approximately 9:27 a.m. and 3:57 p.m. respectively and the markets will open/close with the sound of a siren (the traditional market open/close on Toronto Stock Exchange) at 9:30 a.m. and 4:00 p.m. ET.
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, BOX Options Exchange, 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, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
SOURCE Toronto Stock Exchange
Mathieu Labrèche, Manager, Corporate Communications and Public Affairs, TMX Group, 416-947-4474, [email protected]
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