TORONTO, Feb. 11, 2015 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSX.V: ROG) is pleased to announce that it has been recognized as a 2015 TSX Venture 50® Company by the TSX Venture Exchange.
Every year, the TSX Venture 50® ranks the strongest companies on the TSX Venture Exchange by share price, trading volume, market capitalization and analyst coverage. The winning companies have seen impressive growth over the past year, offered strong return to their shareholders and are actively traded in the market.
"We are honoured to place among the highest performing stocks on the TSX Venture Exchange," said John Dorward, President and CEO. "This award is a validation of the dedication demonstrated by our team in advancing the Yaramoko Gold Project in 2014, and would not be possible without the implacable commitment of our employees to making this company truly best in class. We look forward to continuing to deliver value to our shareholders in the year ahead."
The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors – mining, oil & gas, technology & life sciences, diversified industries and clean technology – based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2014.
Roxgold is a gold exploration and development company with its key asset, the high grade Yaramoko Gold Project, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently advancing Yaramoko's 55 Zone and subject to making a positive construction decision expects to commence development in Q1 2015. Roxgold trades on the TSX Venture Exchange under the symbol ROG.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
SOURCE Roxgold Inc.
For further information: Annelise Burke, Manager, Investor Relations and Corporate Communications, 416-203-6401, firstname.lastname@example.org