2013-02-13 16:33:22 -
Calgary, Alberta CANADA, February 13, 2013 /FSC/ - Mosaic Capital Corporation (M - TSX Venture, M.PR.A - TSX Venture), ("Mosaic")is pleased to announce that it was named one of the Top 50 companies listed on the TSX Venture Exchange for 2013. Mosaic was ranked 10th in the Diversified Industries sector.
John Mackay Executive Chairman and CEO of Mosaic had this to say, "With 2258 companies listed on the TSX Venture Exchange it is an honour to have Mosaic named as one of the TSX Venture Top 50(r) companies for 2013." Mr. Mackay added, "It is through the hard work of the exceptional managers and employees of Mosaic's seven subsidiary companies that allow us to continue to grow and achieve our
goals. We look forward to 2013 as we have excellent businesses, a strong balance sheet and approximately $35 million in deployable capital to continue executing on our strategic plan."
About the TSX Venture Top 50(r)
The TSX Venture 50(r) are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and clean technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2012.
ABOUT MOSAIC CAPITAL CORPORATION
Mosaic is an investment company based in western Canada that owns a portfolio of established businesses that have a history of generating strong sustainable cash flow from their operations. Mosaic's objective is to create long term value for our shareholders and business partners and to have that reflected in our share price. We believe that this is achieved by growing free cash flow per share and retained earnings. We do this by acquiring businesses that we understand at attractive prices and we manage our risk through extensive due diligence, creative transaction structuring and working closely with our businesses after acquisition.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mosaic Capital Corporation
400, 2424 - 4th Street SW
Calgary, AB T2S 2T4
Tel: (403) 270-4658
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is available in PDF. Please click on the following link to view the PDF file:
Source: Mosaic Capital Corporation (TSXV: M - TSXV: M.PR.A)
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