OTTAWA, Feb. 11, 2016 /CNW/ - Clearford Water Systems
Inc. ("Clearford" or the "Company"), (TSXV: CLI), today announced
that the Company has been ranked in the top ten Clean Technology
& Life Sciences Sector on the TSX Venture Exchange 50. This is
a prestigious group of top market performers from among the 1,791
companies listed on the Toronto Venture Exchange as of December 31, 2015.
"We are very pleased to receive this recognition from the TSX
Venture Exchange. The TSX Venture Exchange continues to give
Clearford significant presence in the public markets and we look
forward to repeating our performance in 2016" said Clearford CEO
Kevin Loiselle.
The 2016 TSX Venture 50 is a ranking of strong performers on the
TSX Venture Exchange (TSXV) spanning Clean Technology, Diversified
Industries, Mining, Oil & Gas and Technology & Life
Sciences. Companies selected for the TSX Venture 50 have shown
impressive results in key measures of market performance. The
ranking is comprised of 10 companies from each of the five industry
sectors, and they were selected based on four equally weighted
criteria: market capitalization growth, share price appreciation,
trading volume and analyst coverage.
The TSX Venture Exchange is a unique incubator of public
companies and the 2016 TSX Venture 50 achievements are strong
evidence of the opportunities in this market. The shares of these
companies also enjoy a liquid market, with a total of 3.0 billion
shares trading over the course of 2015.
Neither the 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.
About Clearford Water Systems Inc.
Clearford Water
Systems Inc. (TSX-V: CLI) is a provider of unified water management
and sanitation systems based on Clearford One™. Clearford One™ is a
proprietary system comprised of ClearDigest™ smart digester,
ClearConvey™ small bore sewer, and ClearRecover™ final treatment
facility. For more information on Clearford Water Systems, please
visit www.clearford.com.
Forward Looking Statements
This news release contains
certain statements that constitute forward-looking statements as
they relate to the Company and its management.
Forward-looking statements are not historical facts but represent
management's current expectation of future events, and can be
identified by words such as "believe", "expects", "will",
"intends", "plans", "projects", "anticipates", "estimates",
"continues" and similar expressions. Although management
believes that the expectations represented in such forward-looking
statements are reasonable, there can be no assurance that they will
prove to be correct.
By their nature, forward-looking statements include assumptions
and are subject to inherent risks and uncertainties that could
cause actual future results, conditions, actions or events to
differ materially from those in the forward-looking
statements. If and when forward-looking statements are set
out in this news release, Clearford will also set out the material
risk factors or assumptions used to develop the forward-looking
statements. Except as expressly required by applicable securities
law, the Company assumes no obligation to update or revise any
forward looking statements. The future outcomes that relate to
forward-looking statements may be influenced by many factors,
including, but not limited to: industry cyclicality; the ability to
secure third party agreements; successful integration of
Clearford's system with third party technology; competition;
reduction in demand for products; collection from customers;
relationships with suppliers; product liability; intellectual
property; reliance on key personnel; environmental; interest rates;
uninsured and underinsured losses; operating hazards; risks of
future legal proceedings; income tax matters; credit facilities;
availability and terms of financing; distribution of securities;
restrictions on potential growth; effect of market interest rates
on price of securities; and potential dilution.
SOURCE Clearford Water Systems Inc.
