OTC Markets Group Announces the 2017 OTCQX Best 50

NEW YORK, Feb. 2, 2017 /CNW/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2017 OTCQX® Best 50, a ranking of top performing OTCQX companies in 2017.  

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2017 OTCQX Best 50 were ranked based on their performance during the 2016 calendar year. 

"We are pleased to congratulate our 2017 OTCQX Best 50 companies," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Our annual ranking recognizes the outstanding companies that make up the OTCQX Best Market, issuers that are not only growing and enhancing shareholder value but are committed to providing an efficient and transparent market for their investors."

2017 OTCQX Best 50 Results
2017 OTCQX Best 50 companies traded an aggregate $3.4 billion in dollar volume in 2016. The companies delivered an average total return of 130%.

The #1 ranked company was Cordoba Minerals Corp. (TSX-V: CDB; OTCQX: CDBMF), a Canada-based mineral exploration company, which had a total return of 466%. This year's list includes a significant number of Canadian metal and mining companies, which was driven by the resurgence of the resource industry in 2016. The top performing U.S. based company at #3 was First Federal of Northern Michigan Bancorp, Inc (OTCQX: FFNM). Nine community banks were included in this year's list.

Five companies that were ranked on last year's OTCQX Best 50 remained on the list in 2017: adidas AG, (Frankfurt Stock Exchange: ADS; OTCQX: ADDYY/ADDDF), Citba Financial Corp. (OTCQX: CBAF), Nemaska Lithium, Inc. (TSX-V: NMX; OTCQX: NMKEF), Nexgen Energy (TSX-V NXE; OTCQX: NXGEF) and Pure Multi-Family REIT LP (TSX-V: RUF.U; OTCQX: PMULF).

The 2017 OTCQX Best 50 Companies are:
1	Cordoba Minerals Corp.		CDBMF
2	Midas Gold Corp		MDRPF
3	First Federal of Northern Michigan Bancorp, Inc.		FFNM
4	GoldMining Inc.		GLDLF (GOLWF)
5	First Mining Finance Corp.		FFMGF
6	Red Eagle Mining Corp.		RDEMF
7	Minco Silver Corp.		MISVF
8	Millrock Resources Inc.		MLRKF
9	Nemaska Lithium, Inc.		NMKEF
10	Terra Tech Corp.		TRTC
11	Nexgen Energy Ltd.		NXGEF
12	Electrovaya Inc.		EFLVF
13	Endeavour Mining Corporation		EDVMF
14	Callinex Mines Inc.		CLLXF
15	Suncrest Bank (Visalia, CA)		SBKK
16	Singing Machine Company, Inc. (The)		SMDM
17	Village Farms International Inc.		VFFIF
18	Mason Graphite Inc.		MGPHF
19	Balmoral Resources Ltd		BALMF
20	Highlands Bankshares, Inc. (VA)		HLND
21	Lion One Metals Ltd.		LOMLF
22	Chesapeake Gold Corp.		CHPGF
23	Caledonia Mining Corp PLC		CALVF
24	Capital Properties, Inc.		CPTP
25	Bitcoin Investment Trust		GBTC
26	Excelsior Mining Corp.		EXMGF
27	Alkane Resources Ltd.		ANLKY (ALKEF)
28	Columbus Gold Corp.		CBGDF
29	Trevali Mining Corp.		TREVF
30	Citba Financial Corp.		CBAF
31	H2O Innovation Inc.		HEOFF
32	Crystal Peak Minerals Inc		CPMMF
33	Lithium Americas Corp.		LACDF
34	First West Virginia Bancorp, Inc.		FWVB
35	Marlin Gold Mining Ltd.		MLNGF
36	Living Cell Technologies Ltd.		LVCLY (LVCLF)
37	Fortescue Metals Group Ltd		FSUGY (FSUMF)
38	Lapolla Industries, Inc.		LPAD
39	Deep Down, Inc.		DPDW
40	Smith-Midland Corp.		SMID
41	Continental Gold Inc		CGOOF
42	Avita Medical Ltd.		AVMXY (AVMXF)
43	Community Capital Bancshares, Inc.		ALBY
44	Pure Multi-Family REIT LP		PMULF
45	Franklin Financial Services Corp.		FRAF
46	Learning Tree International, Inc.		LTRE
47	Independent Alliance Banks, Inc.		IALB
48	First Choice Bank Cerritos CA		FCBK
49	Wellgreen Platinum Ltd.		WGPLF
50	adidas AG		ADDYY (ADDDF)

OTC Markets Group applied the following criteria to the 399 companies traded on OTCQX on December 31, 2016 to determine which companies would qualify for the 2017 OTCQX Best 50:

• traded on OTCQX on December 31, 2016
• closing share price of $0.25 or greater on December 31, 2016
• closing share price on December 31, 2016, greater than on December 31, 2015
• traded equal to or greater than $500,000 in dollar volume in 2016
• not a "penny stock" on December 31, 2016, as defined under SEC Rule 3a51-1 of the Securities Exchange Act of 1934
• traded at least one day in 2015
• member of the OTCQX Composite Index as of December 31, 2016.

For more detail on the 2017 OTCQX Best 50 ranking, visit:
http://web.otcmarkets.com/otcqx-best-50/

OTC Markets Group reserves discretion to omit companies from the ranking that no longer demonstrate the OTCQX market standards of transparency and wide distribution of news and financial disclosure. Securities listed in parentheses are included for reference but not part of the OTCQX Best 50 calculation.

The OTCQX Best 50 is for informational purposes only. Neither OTC Markets Group Inc. nor its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing. 

About OTC Markets Group Inc. 
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. 

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., [phone], [e-mail]

SOURCE OTC Markets Group Inc.

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