TSX Venture Exchange Announces the 2020 Venture 50

TSXV's top performing companies to celebrate with market open and closing ceremonies on Friday, February 21

February 20, 2020 (TORONTO) – TSX Venture Exchange (TSXV) is pleased to announce the 2020 Venture 50, the exchange's flagship annual program showcasing the top performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology.

Representatives of the 2020 Venture 50 companies will join TMX executives tomorrow, February 21 at two events to celebrate the achievement: a market open ceremony, at 9:30 a.m. EST in Toronto, and a market close ceremony at 4:00 p.m. EST in Vancouver. The 2020 Venture 50 winners were selected based on year-over-year performance across three equally-weighted criteria: market capitalization growth, share price appreciation and trading volume for the year ended December 31, 2019.

"We are especially proud to recognize this year's Venture 50 winners, a diverse cross-section of visionary, early-stage companies who have performed well during challenging market conditions," said Brady Fletcher, Managing Director and Head of TSX Venture Exchange. "Together, we celebrate these compelling success stories and many more across TSXV, the foundation of the world's premier two-tiered capital formation ecosystem and an engine of opportunity for issuers and investors alike. Looking ahead, we strongly believe that private sector investment is key to the long-term vitality of Canada's economy and we remain fiercely committed to advocating on behalf of our entire listed issuer client base."

2020 Venture 50 Rankings

This year's overall #1 ranked Venture 50 company is dynaCERT Inc. (DYA), a Canadian clean technology company engaged in the design, engineering, testing, manufacturing and distribution of a transportable hydrogen generator system.

The top performing 2020 Venture 50 companies from each industry sector are:

For the full 2020 Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50

For Market Openings and Closings: Media may pick up a feed from the TOC (television operations centre) for all market open/close 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/close ceremony at approximately 9:27 a.m. ET/3:57 p.m. ET and the markets will open/close with the sound of a siren (the traditional market open/close on Toronto Stock Exchange) at 9:30 a.m. ET/4:00 p.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, 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 operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, and Trayport which 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.

For more information, please contact:

Catherine Kee
Senior Manager, Corporate Communications & Media Relations
TMX Group
416-814-8834
catherine.kee@tmx.com