Woulfe Mining has been named as one of the TSX Venture Exchange’s Top 50 companies for 2013. The annual list ranks the strongest performers on the TSX Venture Exchange.
This year’s ranking is made up of the top 10 companies listed on the TSX in each of five major industry sectors including clean technology, mining, oil & gas, diversified industries and technology & life sciences. The companies were ranked based on the following criteria – market capitalization growth, share price appreciation, trading volume and analyst coverage.
Woulfe’s chief executive officer Brian Wesson says, “It is an honour for Woulfe to be included in the top 50 companies on the TSX Venture Exchange and testimony to the efforts of our staff and support of our investors in the redevelopment of the Sangdong tungsten/molybdenum project in South Korea.”
The TSX Venture 50 is intended to raise awareness of quality companies listed on the exchange both to the market and to financial community and investors. The division of the top 50 companies in industry sectors shows the diversity of the companies listed on the TSX Venture Exchange and recognizes the company growth in their own industry sector.
Woulfe is focused on ‘Unearthing Global Assets’ through the recognition and development of undervalued natural resource projects, differentiating itself by boasting significant technical expertise in the design, development and operation of mining projects.
Its flagship project is the Sangdong tungsten mine in South Korea, historically the world’s largest tungsten mine for more than 40 years. Sangdong is expected to return to production by quarter 4 of 2013. Woulfe has signed a strategic agreement with International Metalworking Companies (IMC), which will provide significant downstream manufacturing options and innovation into the global tungsten market.