RED BANK, N.J., Feb. 19, 2014 /PRNewswire/ -- The Toronto Venture Exchange (TSX-V) has named Natcore Technology Inc. (TSX-V: NXT. OTC: NTCXF. Frankfurt: 8NT) to its 2014 TSX Venture 50. Natcore was also named to this prestigious list in 2013.
The TSX Venture 50 is a group of strong performing companies from five sectors: Clean Technology; Diversified Industries; Mining; Oil and Gas; and Technology and Life Sciences. Natcore was included in the Clean Technology sector. Ten companies were chosen for the list from each of the five sectors.
The companies were ranked based on four criteria, with equal weighting assigned to each: market capitalization growth, share price appreciation, trading volume and analyst coverage. According to the TSX, "The winning companies have seen impressive growth over the past year, offered strong return to their shareholders and are actively traded in the market."
The 2,141 companies listed on TSX Venture Exchange as of December 31, 2013, were screened through the following filters to determine which companies would qualify as potential 2013 TSX Venture 50 candidates:
- listed on TSX Venture Exchange more than one year as of December 31, 2013;
- listed on TSX Venture Exchange on December 31, 2013;
- market capitalization greater than C$5 million on December 31, 2013;
- closing share price greater than C$0.25 on December 31, 2013;
- share price of at least C$0.10 on December 31, 2013
"We're honored to have been named to TSX Venture 50 for a second consecutive year," says Natcore President and CEO Chuck Provini. "Within the past two months, we have received very positive comments from two prominent investment advisors, so we believe this recognition by the TSX Venture Exchange is an affirmation that we must be doing something right."
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact: Chuck Provini
SOURCE Natcore Technology Inc.