VANCOUVER, March 27, 2017 /CNW/ - Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) is pleased to announce its inclusion in the Composite Index of Canadian Securities Exchange ("the CSE"), following the quarterly rebalancing of the index, effective from the close of trading on Friday, March 17, 2017.
The two-year-old Composite Index is comprised of shares of listed companies that meet market capitalisation, trading and seasoning criteria established by the CSE. A key requirement for consideration into the index is a company's securities need to fall within the top quartile of eligible securities listed on the CSE.
"We appreciate the recognition from the CSE and believe this is an excellent step forward for us," said Fineqia's CEO Bundeep Singh Rangar. "We will continue to perform at the highest level to ensure further positive growth and maintain our position within the index."
"One of the reasons we introduced the index was to recognize the achievements of CSE listed companies as determined by participants in the market," said the CSE's Senior Vice President Robert Cook. "We are pleased that so many like Fineqia have attained that level of success."
The CSE Composite Index is a broad indicator of market activity for the Canadian Securities Exchange (CSE). It is calculated and published by Solactive AG, a Frankfurt, Germany-based indexer with approximately 350 clients in Europe, America and Asia that counts approximately US$100 billion invested in products linked to indices calculated by the Company globally.
About Fineqia International Inc.
Fineqia's business model is to provide an online platform and associated services for the placement of debt and equity securities, initially in the UK. The platform will transparently highlight the risks and objectively outline opportunities involved. For more information, visit www.fineqia.com.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company to complete the Change of Business, failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement.
SOURCE Fineqia International Inc.
For further information: Karolina Komarnicka, Chief Marketing Officer, T: +1 (778) 654-2324, E: [email protected], W: www.fineqia.com