VANCOUVER, Dec. 18, 2017 /CNW/ - BIG Blockchain Intelligence Group Inc. ("BIG" or "the Company") (CSE: BIGG), a developer of Blockchain technology search and data analytics solutions, is pleased to announce that BIG has been included in the CSE25 Index after qualifying as one of the 25 largest companies by market capitalization in the Canadian Securities Exchange ("CSE") Composite Index.
James Black, VP - Listings Development at the CSE, stated: "The CSE is proud to recognize BIG Blockchain Intelligence Group as both a recent new listing and member of the distinguished CSE25 sub index. We believe the CSE is the perfect exchange to facilitate the capital formation and secondary market needs for this emerging sector – and we are encouraged to see companies like BIG make their mark on the CSE25."
Lance Morginn, CEO of BIG, stated: "As the leaders in monitoring and tracking cryptocurrency, we're proud to also be recognized as leaders on the Canadian Securities Exchange through our inclusion in the CSE25 Index. Being among the top 25 performers on the exchange is confirmation of our growing momentum as we continue to establish our presence in the law enforcement, finance and eCommerce sectors as the leader in Blockchain technology search and data analytics solutions."
ABOUT THE CSE25 INDEX
The CSE announced the introduction of the CSE25 Index on September 18, 2017. The CSE25 Index, comprised of the securities of the 25 largest companies trading on the exchange, is a subgroup of the CSE Composite Index. The Composite Index launched in 2015, and includes almost half the CSE-listed companies while covering over 75% of the trading activity on the exchange.
According to the CSE, the 25 companies in the CSE25 Index account for over 50% of the weighting in the larger index, and are typically stocks that attract considerable trading volume.
Richard Carleton, CSE's CEO, commented on the CSE25 Index, saying, "as the exchange has grown rapidly in terms of trading volumes and market capitalization it is appropriate that we give market participants a benchmark that monitors the performance of our largest and most liquid issues. As the 'exchange for entrepreneurs' we are proud of their success in the Canadian capital markets."
About BIG Blockchain Intelligence Group Inc.
BIG Blockchain Intelligence Group Inc. (CSE: BIGG), is headquartered in Vancouver, BC, Canada. As a developer of Blockchain technology search and data analytics solutions, BIG's proprietary platform targets Governments and Fortune 1000 companies that perform business in the law enforcement, finance and eCommerce sectors globally.
Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIG's expectations include, consumer sentiment towards BIG's products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.
SOURCE Big Blockchain Intelligence group inc
For further information: BIG Blockchain Intelligence Group Inc.: Lance Morginn, CEO & Co-Founder, D: 1-778-819-8702, email: [email protected]