Madalena Energy honoured with 2016 TSX Venture 50(R) company.
International Resource News-February 26, 2016--Madalena Energy honoured with 2016 TSX Venture 50(R) company
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International Resource News - 26 February 2016
Madalena Energy Inc. (TSXV: MVN)(OTCQX: MDLNF), an independent, Canadian-based Argentina focused, upstream oil and gas company, has been honoured as a 2016 TSX Venture 50(R) company.
The TSX Venture 50(R) is an annual ranking of the top 10 companies listed on the TSX Venture Exchange in each of the five major industry sectors: Mining, Oil & Gas, Clean Technology & Life Sciences, Diversified Industries, and Technology. It is based on a ranking with equal weighting given to return on investment, market capitalisation growth, trading volume and analyst coverage.
Kevin Shaw, president and CEO, said, 'Achieving a top tier ranking on the TSX Venture 50(R) is a great honour and recognition for Madalena. The Company would like to acknowledge the support of our shareholders as we continue to grow our Argentina energy business and strategically execute to unlock value from our unconventional shale and scalable resource plays.'
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