December 7, 2005 – Toronto - Laramide Resources Ltd. (“Laramide”) is pleased to announce that it has been named to the TSX Venture 50TM, the first ever ranking of Canada’s top emerging public companies listed on TSX Venture Exchange. Laramide was ranked as the top company among its peer group within the mining sector.
The TSX Venture 50 are the top 10 companies in each of five major industry sectors – mining, oil & gas, technology, life science and diversified industries – based on a ranking formula with equal weighting given to one-year revenue (last reported 12 months), return on investment, market cap growth and trading volume. All data was as of August 31, 2005.
“We are very proud to launch the TSX Venture 50 to celebrate the achievement of our issuers,” said Linda Hohol, President, TSX Venture Exchange. “The impressive list of companies demonstrates that the TSX Venture Exchange is a unique incubator of public companies, and the companies in the TSX Venture 50 are living proof as to why this market is working.”
“Being named to the TSX Venture 50 is a great recognition for Laramide” said Marc Henderson, President & CEO. “To be ranked as the top mining company on the TSX Venture 50 reflects the hard work and acumen of our entire team over the past several years. The mining sector has been one of the best performing sectors in the market, so to be included in this select group is a significant accomplishment. We look forward to the next chapter and are committed to delivering further strong returns for our shareholders”
Laramide Resources Ltd. (“Laramide”) is a Toronto-based resource company specializing in the acquisition and development of precious and base metal properties. Laramide has a diverse portfolio of assets, all of which are leveraged to improve commodity fundamentals. The Company’s lead project is the Westmoreland Project, Queensland, Australia.
For further information contact:
Marc C. Henderson, President
Tel: (416) 599-7363
Or visit our we site at
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this press release.