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FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Corporation”) is pleased to announce that it has been recognized as a top ten performer in the Technology & Life Sciences Category of the 2014 TSX Venture 50. The list is a ranking of strong performing companies trading on the TSX Venture Exchange.
“We are pleased to be back on the TSX Venture 50 list,” stated Bill Tempany, CEO. “We had solid growth and development last year. This did not go unnoticed by in the market and we saw a steady climb in our share price. We plan to continue that growth in 2014.”
The TSX Venture 50 annually awards the top ten companies listed on the exchange in each of five major industry sectors: Clean Technology, Oil and Gas, Mining, Diversified Industries, and Technology & Life Sciences.
This is the third time in the past five years FLYHT has been recognized as a TSX Venture 50 company. The first time was in 2008, and in 2010 FLYHT was named the number one ranked company in the Diversified Industries Sector.
The top 50 companies are chosen from a pool of the 2,141 companies listed on the exchange. The criteria include an equal weighting of share price appreciation, trading volume, market capitalization, growth and analyst coverage as of Dec. 31, 2014.
John McCoach, president, TSX Venture Exchange commented in a press release from the TSX on Feb. 12, “TSX Venture Exchange provides a unique venue for small-cap, early-stage companies to access the capital they need to launch or expand – a market opportunity that is unparalleled globally. We are delighted to recognize the success of these companies.”
