TORONTO, June 19 /CNW/ - For the third year in a row, TSX Venture
Exchange gets ready to celebrate Canada's top emerging public companies with
the announcement of the TSX Venture 50. Tonight (Thursday, June 19), TSX
Venture Exchange will showcase the companies that have stood out in their
respective industry sectors this past year. Friday, selected top ranked
companies from each sector have been invited to open trading at the TSX
This year's top company is Pacific Rubiales Energy Corp., a B.C. oil and
The top companies in the five industry sectors are:
- Noront Resources Ltd., Ont. (NOT) - Mining
- Active Control Technology Inc., Ont. (ACT) - Technology/Life Sciences
- Pacific Rubiales Energy Corp., B.C. (PEG) - Oil & Gas
- Zongshen PEM Power Systems Inc., China (ZPP) - Cleantech
- Noveko International Inc., Que. (EKO) - Diversified Industries
The TSX Venture 50 includes the top 10 companies in each of five major
industry sectors - Mining, Oil & Gas, Technology/Life Sciences, Cleantech and
Diversified Industries - based on a ranking formula with equal weighting given
to one-year revenue (last reported 12 months), return on investment, market
cap growth and trading volume. All data was as at December 31, 2007.
"TSX Venture Exchange provides our emerging companies with a special
opportunity to participate in the marketplace," said Kevan Cowan, President,
TSX Venture Exchange. "TSX Venture 50 allows them to rise above it. By
celebrating these companies who are setting the bar, we are bringing greater
awareness to this dynamic and competitive junior marketplace."
TSX Venture Exchange thanks the following sponsors for support of this
Lang Michener and ChitizPathak
The 2008 TSX Venture 50 companies are:
Mining Oil & Gas
NOT Noront Resources Ltd. PEG Pacific Rubiales Energy Corp.
BMK MacDonald Mines Exploration POE Pan Orient Energy Corp.
Ltd. SOR Solana Resources Limited
FNC Fancamp Exploration Ltd. AOS Alberta Oilsands Inc.
TTQ TTM Resources Inc. OPA Opal Energy Corp.
ZOX Zeox Corporation OYL CGX Energy Inc.
BMC Brilliant Mining Corp. RYD Ryland Oil Corporation
CPQ Canplats Resources Corporation CYR Cirrus Energy Corporation
NTC North American Tungsten GMR Gastem Inc.
Corporation NOG Nordic Oil and Gas Ltd.
FOS Phoscan Chemical Corp.
RDI Rockwell Diamonds Inc.
Technology/Life Sciences Cleantech
ACT Active Control Technology Inc. ZPP Zongshen PEM Power Systems Inc.
COV Covalon Technologies Ltd. QST Questor Technology Inc.
ENA Enablence Technologies Inc. NKW Naikun Wind Energy Group Inc.
PIX Peer 1 Network Enterprises, Inc. SDS Seair Inc.
VSI VendTek Systems Inc. SWX Shear Wind Inc.
DEQ DEQ Systems Corp. NGP Nevada Geothermal Power Inc.
ADK Diagnos Inc. MP MicroPlanet Technology Corp.
ZAO Zaio Corporation SRA Sierra Geothermal Power Corp.
SER Serenic Corporation ZNN Zenn Motor Company Inc.
IEE iseemedia inc. HEO H2O Innovation (2000) Inc.
EKO Noveko International Inc.
EGD Energold Drilling Corp.
CFZ Cathay Forest Products Corp.
AMA AeroMechanical Services Ltd.
CBE Cabo Drilling Corp.
MBA CIBT Educational Group Inc.
GPW Grand Power Logistics Group Inc.
STT Semcan Inc.
EOR Enhanced Oil Resources Inc.
IWB iWeb Group Inc.
TSX Group Market Opening
TSX Venture Exchange officials, along with selected TSX Venture 50
issuers, will open trading on Friday, June 20, 2008. Executives from the
issuers along with TSX Venture Exchange President Kevan Cowan will be
available to speak to media before this event.
When: Friday, June 20, 2008, 8:45-10:00AM (Market Opening
at 9:30 a.m.
Where: TSX Broadcast Centre, 130 King Street West, Toronto.
Media may pick up a feed from the TOC (television operations centre) for
all market open ceremonies. The feed is named TSX Transmit 2 and is produced
at the TSX Broadcast Centre and sent live to the TOC. The client moves into
position for the market open ceremony at approximately 9:27 a.m. and the
markets will open with the sound of a SIREN (the traditional market open on
Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX-X)
TMX Group is the leading integrated exchange group in Canada, operating
markets for multiple asset classes. TMX Group operates Canada's two national
stock exchanges: Toronto Stock Exchange, Canada's senior equities market,
providing an efficient, liquid market for a broad cross-section of more than
1600 Canadian issuers and TSX Venture Exchange, providing access to capital
for companies at the early stages of their growth while offering investors a
well-regulated market for making venture investments. TMX Group also operates
Montreal Exchange, Canada's only derivatives marketplace, Natural Gas Exchange
(NGX), a leading North American exchange for the trading and clearing of
natural gas and electricity contracts and Shorcan Brokers Limited, the
country's first fixed income inter-dealer broker. TMX Group also owns The
Equicom Group Inc., a leading provider of investor relations and related
corporate communication services in Canada. From its preeminent domestic base,
TMX Group's reach continues to extend internationally, through TSX Markets and
Datalinx which provide the trading and data to the global financial community
who access Canada's equity capital market. TMX Group is the 7th largest
exchange group in the world and in 2007, a record 150 billion of securities
volume traded. TMX Group is headquartered in Toronto and maintains offices in
Montreal, Calgary and Vancouver.
For further information:
For further information: Steve Kee, Director, Corporate Communications,
TMX Group Inc., Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392,
Cellular (416) 358-3714, Vancouver Office (604) 602-6902, Calgary Office (403)