News
Jun 19, 2008The TSX Venture 50: Canada’s Top Emerging Public Companies
For the third year in a row the TSX Venture Exchange will celebrate Canada’s top 50 emerging public companies with the announcement of the TSX Venture 50. Tonight the TSX Venture Exchange will showcase the outstanding companies in their respective fields. The TSX Venture 50 includes the top 10 companies in 5 major industries: Mining, Oil & Gas, Technology/Life Sciences, Cleantech and Diversified Industries. The ranking and placement was based on a formula that took into account one-year revenue, return on investment, market cap growth and trading volume. CanGEA platinum member Sierra Geothermal Power Corp (SRA) was named in the TSX Venture 50 under the Cleantech category. CanGEA bronze member Nevada Geothermal Power Inc (NGP) was also named in the Cleantech category.
To read the full release: TSX Venture 50
Sierra Geothermal Power Corp’s President and CEO Gary Thompson is a member of CanGEA’s Board of Directors, serving as the Vice Chairman. Sierra’s press release following this great achievement and honour can be found below.
Vancouver, British Columbia - Sierra Geothermal Power Corp. (SGP) (TSX-V: SRA), a renewable energy company focused on the exploration and development of geothermal resources, has been chosen by the TSX Venture Exchange as one of the top emerging public companies in the clean tech sector in the third annual TSX Venture 50.
SGP was ranked eighth of the top 10 performers in the clean tech industry and was recognized as a company that is setting the bar in the sector.
“It is a great honour to be listed as one of Canada’s top emerging companies in 2007,” said Gary R. Thompson, President and CEO. “I want to congratulate our board members, management team and employees, and thank our investors for their part in this remarkable achievement.”
To read Sierra Geothermal Power Corp’s Release: SGP in the TSX Venture 50
