RE:RE:Probably Nothing But... Is this relevant?
Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company”) is pleased to announce that the Company has been added to the CSE25 Index on the Canadian Securities Exchange (“CSE” or the “Exchange”). Ascent has qualified for the CSE25 Index as one of the twenty-five largest companies in the CSE Composite Index.
About the CSE25 Index
The CSE25 Index is a subgroup of the CSE Composite Index. The CSE Composite Index launched in 2015 and includes almost half of the CSE’s listed companies and, according to the CSE, covers over 75% of the trading activity on the Exchange. The CSE25 Index launched in 2017 and includes the top twenty-five securities by market capitalization contained in the CSE Composite Index. According to the CSE, these companies account for over 50% of the weighting in the larger CSE Composite Index, and are typically stocks that attract considerable trading volume.
Philip Campbell, CEO of Ascent, noted “Inclusion into the CSE25 Index is a compliment to our team’s efforts and a reflection of the strong support of our shareholders and key stakeholders.”