[../../../../Top/IncHeaderLogo.htm]    News Release
[../../../../Top/IncHeaderTicker.htm]
[IncLNavSectionWhatsNew.htm]
For Immediate Release

00/12


CONTACT:

March 1, 2000

Pam Whitworth
Communications Director
Canadian Venture Exchange
Tel: (604) 488-3126
CDNX Reports Record Breaking Month

Market activity on the Canadian Venture Exchange (CDNX) continued to reach new highs in February, as trading volume, trading value, and the CDNX Index surpassed previous records.

On February 22, 2000, a record volume of 159 million shares traded, bringing February’s volume to 2.4 billion shares, an increase of 83 per cent over January’s figures. The month’s daily average of shares traded was 114 million.

A record $220 million traded on February 9, 2000, contributing to February’s value of $3.4 billion, which doubled January’s total. The average daily value of shares traded in February was $163 million.

The CDNX Index also continued its ascent, surpassing the 3000 mark early in the month and closing for February at 3828.30, a 33 per cent increase over January.

There were nine new listings during the month, compared to seven during January, and two reverse take-overs. The new listings are: Meridex Network Corp. (RTO); ATI Airtest Technologies Inc.; Altitude Venture Captial Corp.; Abington Ventures Inc.; Transworld Trading Corp. (RTO); Slam Exploration Ltd., Future Mineral Corporation; Intergulf Resources Corp.; Salish Ventures Inc.; and, Scorpio Mining Corp.

For more information, please visit the Exchange’s website at www.cdnx.com.

- 30 -

 

Back to Index of News Releases

Right Navigation
Lead Stories
CDNX News Releases
Archives
Executive Speeches
Schedule of CDNX Events
[../../../../Top/IncFooter.htm]