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TSX Venture Exchange Announces The 2019 TSX Venture 50 - Market Open Ceremony To Be Held On February 22 To Celebrate TSXV's Top Performing Companies

Date 21/02/2019

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:

Clean Technology & Life Sciences Aleafia Health Inc. (ALEF)
Diversified Industries theScore, Inc. (SCR)
Energy Alvopetro Energy Ltd. (ALV)
Mining Westhaven Ventures Inc. (WHN)
Technology Kraken Robotics Inc. (PNG)

 

For the full 2019 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50