VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2012) - Cap-Ex Ventures Ltd (TSX VENTURE:CEV)(OTCQX:CPXVF)(FRANKFURT:X0V) ("Cap-Ex" or the "Company") is pleased to announce that it has ranked third out of the ten mining companies that made the TSX Venture 50®.
The TSX Venture Exchange today announced its 2012 TSX Venture 50®, a ranking of strong performing companies listed on TSX Venture Exchange. The TSX Venture 50® is comprised of ten companies from each of the following five sectors: Mining, Oil & Gas, Diversified Industries, Clean Technology and Technology & Life Sciences. The companies were ranked based on market capitalization growth, share price appreciation, trading volume and analyst coverage.
Cap-Ex President and CEO, Mr. Francois Laurin, commented, "We are pleased and honored to have received this recognition from the TSX Venture Exchange. Congratulations to all the individuals at Cap-Ex who helped make this happen."
ABOUT CAP-EX VENTURES LTD.
Cap-Ex Ventures Ltd. is a Canadian listed iron ore company with significant landholding in the Labrador Trough, near the mining town of Schefferville, Quebec. The company is focused on the development of its wholly owned Block 103 iron ore property.
CAP-EX VENTURES LTD.
Francois Laurin, President and CEO
Cautionary Note Regarding Forward-looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the development of the Company's Block 103 iron ore property. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.