Email from: Charles Provini, Natcore President
Dear stockholder,
I was extremely pleased to be notified by the TSX Venture Exchange (TSXV) that we have been named to their TSX Venture 50. The following news release, which we distributed this morning, gives you the details.
There were 2,258 companies listed on the TSXV as of 12/31/12. This honor puts us in the best-performing 0.8% of all of the listed companies.
I am often asked why Natcore chose TSXV as our platform to raise growth capital. The news release lists a few reasons. Here is some background.
Known until 2001 as the Canadian Venture Exchange, TSXV is owned by the TMX Group, which also owns the Toronto Stock Exchange (TSX).
While TSX deals mostly with companies boasting larger capitalizations, the TSX Venture Exchange is a public venture capital marketplace for emerging companies, particularly in the mining, energy and high-tech industries, that have not yet met the assets and market cap requirements for listing on the TSX.
In the U.S., small startups have a steep uphill to climb. They are often relegated to the Pink Sheets, where there may be little trading, little visibility, and even less regulation. In addition, listing on the NYSE-AMEX requires a $50 million market cap, and a minimum $2.00 share price.
Best Regards,
Charles R. Provini |
