New to the IR Awards this year is the sponsorship, by the TSX Venture Exchange of an award for Best Communications by a TSX Venture Exchange Company. Crescent Point Energy,Triple G and Tm Bioscience Corporation are all nominated for this award. Triple G and Crescent Point Energy were recent graduates from TSX Venture Exchange to Toronto Stock Exchange.
"We feel it is important to recognize the efforts of our junior issuers that do set a good example and demonstrate that a venture company can, in fact, execute a quality IR program with success," said Linda Hohol, President of TSX Venture Exchange.
TSX Venture Exchange helps young, emerging companies with real value grow into strong, quality organizations. As part of this process, venture companies need to understand what good IR consists of and the role it plays in a company's development. "By sponsoring the IR Awards and in particular an award for best communications by a TSX Venture Exchange Company, we are acknowledging that best IR practices should start right at the very beginning of life as a public company," added Ms. Hohol.
TSX Group Inc. (TSX:X) is among three finalists for an award at tomorrow's Investor Relations (IR) Awards, February 27, 2003, in Toronto. TSX Group, which went public last November, is nominated along with Mega Bloks and RONA for Best Investor Relations for an IPO.
This is the sixth year that Investor Relations Magazine has commissioned a survey of the investment community to recognize excellence in investor relations among public companies in Canada. Value Gap Advisors, a Toronto-based independent research firm, conducted the survey for Canada in 2003. The winners are chosen by a large sample of portfolio managers, analysts and retail investors: the ultimate judges of IR.