PUF Ventures (CSE:PUF,Frankfurt:PU3,OTCPK:PUFXF) will be added to the Canadian Securities Exchange Composite Index at the close of trading on Friday, December 16, 2016. Companies that are added to the index are within the top quartile of eligible securities listed on the Canadian Securities Exchange.
As quoted in the press release:
Mr. Ivany, President and CEO of the Company, comments, “We appreciate this recognition from the CSE. We will continue to execute on our business plan with the support of our stakeholders and the platform for growth which the CSE provides.”
Additionally, as noted on the CSE website, “The CSE Composite Index is a broad indicator of market activity for the CSE. With approximately 75% coverage of all equities listed on the CSE it is a uniquely positioned gauge of the Canadian small cap market. The index provides a distinctly different risk/return profile than the broad Canadian equity market. The CSE Composite Index calculation agent calculates indices for 160 clients in Europe, America and Asia.”