Market open ceremony to be held on February 22 to celebrate TSXV's top performing companies
TORONTO, Feb. 21, 2019 /CNW/ - TSX Venture Exchange (TSXV) is pleased to announce the 2019 TSX Venture 50 - an annual showcase of top performing companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. Representatives of the TSX Venture 50 companies will join TMX Group executives at a market open ceremony on Friday, February 22, at 9:30 a.m. EST to celebrate their achievement.
The TSX 2019 Venture 50 winners were selected based on three equally weighted market performance criteria: market capitalization growth, share price appreciation and trading volume for the year ended December 31, 2018.
"We are exceptionally proud, not only of the strong year-over-year performance of this year's TSX Venture 50 companies, but also of the contribution these companies make to advancing industries around the world and ultimately, the role they play in fueling Canada's economic success," said Brady Fletcher, Managing Director and Head of TSX Venture Exchange. "The list of 2019 TSX Venture 50 winners showcases the sectoral and geographic diversity of issuers choosing TSXV to gain access to the public venture capital they need to build and scale their businesses. We remain committed to providing entrepreneurs and small businesses with the world's leading platform for venture stage capital formation, and to providing investors with opportunities to participate in the growth of these issuers through public markets."
In a survey, 2019 TSX Venture 50 companies reported adding more than 2,200 new employees in 2018 with average hiring growth of 307%.
2019 TSX Venture 50 Rankings
The top ranked company across all sectors is Aleafia Health Inc. (ALEF), a Canadian medical cannabis company.
The top performing 2019 Venture 50 companies from each industry sector are:
For the full 2019 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. ET and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m. ET.
This news release is not, and should not be construed as an invitation to purchase securities listed on TSX Venture Exchange. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Please seek professional advice to evaluate specific securities. Listing on TSX Venture Exchange does not guarantee the future performance of a security or an issuer. TMX, the TMX Design, TMX Group, Toronto Stock Exchange, TSX, TSX Venture Exchange, TSX Venture 50 and TSXV are trademarks of TSX Inc.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
SOURCE TMX Group Limited
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, [email protected]