Elcora Advanced Materials Named 6th Top Performing Company on the TSX Venture 50 Mining Sector
HALIFAX, NOVA SCOTIA / ACCESSWIRE / March 3, 2016 / Troy Grant, President and CEO of Elcora Advanced Materials Corp. (TSXV: ERA) (OTCQB: ECORF) (FSE: ELM), (the "Company" or "Elcora"), is pleased to announce that Elcora has been recognized in the 2016 TSX Venture 50® as the mining sector's 6th best performing company.
About TSX Venture 50™
The 2016 TSX Venture 50™ is a ranking of strong performers on TSX Venture Exchange. These companies have shown 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 three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. On average, these companies have delivered a return of 77% in 2015. The shares of these companies also enjoy a liquid market, with a total of 3.0 billion shares trading over the course of 2015. Visit www.tsxventure50.com to learn more.
Elcora President and Chief Executive Officer, Mr. Troy Grant stated, "We are honored to be selected as a strong performing Company by the TSX Venture Exchange. The ranking is another validation of the company's growth as a result of the hard work and dedication of our management team and Board of Directors. We thank all our shareholders for their support and we will continue to work hard to deliver results going forward"
About Elcora Advanced Materials
Founded in 2011, Elcora has been structured to become a vertically integrated graphite & graphene company that mines, processes, refines graphite, and produces both the graphene and end graphene applications.
As part of the vertical integration strategy, Elcora has secured high-grade graphene precursor graphite from its interest in the operation of the Ragedara mine in Sri Lanka. Elcora personnel have developed a unique low cost effective process to make graphene that is commercially scalable. The Elcora team is composed of some of the best process, research and development people both in graphite and graphene. This combination means that Elcora has the tools and resources for graphene vertical integration.
For further information please visit the company's website at http://www.elcoracorp.com
For further information, please contact: Troy Grant- President and CEO, Elcora Advanced Materials Corp., T: 902 802-8847 F: 902 446-2001.
CAUTIONARY STATEMENT:
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora's expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators. Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.
(Not for distribution to US wire services or for dissemination in the United States of America)
SOURCE: Elcora Advanced Materials
