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TORONTO, Jun 19, 2008 (Canada NewsWire via COMTEX) -- X | Quote | Chart | News | PowerRating -- For the third year in a row, TSX Venture Exchange gets ready to celebrate Canada's top emerging public companies with the announcement of the TSX Venture 50. Tonight (Thursday, June 19), TSX Venture Exchange will showcase the companies that have stood out in their respective industry sectors this past year. Friday, selected top ranked companies from each sector have been invited to open trading at the TSX Broadcast Centre.

This year's top company is Pacific Rubiales Energy Corp., a B.C. oil and gas company.

<< The top companies in the five industry sectors are: - Noront Resources Ltd., Ont. (NOT) - Mining - Active Control Technology Inc., Ont. (ACT) - Technology/Life Sciences - Pacific Rubiales Energy Corp., B.C. (PEG) - Oil & Gas - Zongshen PEM Power Systems Inc., China (ZPP) - Cleantech - Noveko International Inc., Que. (EKO) - Diversified Industries >>

The TSX Venture 50 includes the top 10 companies in each of five major industry sectors - Mining, Oil & Gas, Technology/Life Sciences, Cleantech 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 at December 31, 2007.

"TSX Venture Exchange provides our emerging companies with a special opportunity to participate in the marketplace," said Kevan Cowan, President, TSX Venture Exchange. "TSX Venture 50 allows them to rise above it. By celebrating these companies who are setting the bar, we are bringing greater awareness to this dynamic and competitive junior marketplace."

<< TSX Venture Exchange thanks the following sponsors for support of this program: Lang Michener and ChitizPathak The 2008 TSX Venture 50 companies are: Mining Oil & Gas NOT Noront Resources Ltd. PEG Pacific Rubiales Energy Corp. BMK MacDonald Mines Exploration POE Pan Orient Energy Corp. Ltd. SOR Solana Resources Limited FNC Fancamp Exploration Ltd. AOS Alberta Oilsands Inc. TTQ TTM Resources Inc. OPA Opal Energy Corp. ZOX Zeox Corporation OYL CGX Energy Inc. BMC Brilliant Mining Corp. RYD Ryland Oil Corporation CPQ Canplats Resources Corporation CYR Cirrus Energy Corporation NTC North American Tungsten GMR Gastem Inc. Corporation NOG Nordic Oil and Gas Ltd. FOS Phoscan Chemical Corp. RDI Rockwell Diamonds Inc. Technology/Life Sciences Cleantech ACT Active Control Technology Inc. ZPP Zongshen PEM Power Systems Inc. COV Covalon Technologies Ltd. QST Questor Technology Inc. ENA Enablence Technologies Inc. NKW Naikun Wind Energy Group Inc. PIX Peer 1 Network Enterprises, Inc. SDS Seair Inc. VSI VendTek Systems Inc. SWX Shear Wind Inc. DEQ DEQ Systems Corp. NGP Nevada Geothermal Power Inc. ADK Diagnos Inc. MP MicroPlanet Technology Corp. ZAO Zaio Corporation SRA Sierra Geothermal Power Corp. SER Serenic Corporation ZNN Zenn Motor Company Inc. IEE iseemedia inc. HEO H2O Innovation (2000) Inc. Diversified Industries EKO Noveko International Inc. EGD Energold Drilling Corp. CFZ Cathay Forest Products Corp. AMA AeroMechanical Services Ltd. CBE Cabo Drilling Corp. MBA CIBT Educational Group Inc. GPW Grand Power Logistics Group Inc. STT Semcan Inc. EOR Enhanced Oil Resources Inc. IWB iWeb Group Inc. TSX Group Market Opening ------------------------ TSX Venture Exchange officials, along with selected TSX Venture 50 issuers, will open trading on Friday, June 20, 2008. Executives from the issuers along with TSX Venture Exchange President Kevan Cowan will be available to speak to media before this event. When: Friday, June 20, 2008, 8:45-10:00AM (Market Opening at 9:30 a.m. Where: TSX Broadcast Centre, 130 King Street West, Toronto. >>

Television Editors

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Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 2 and is produced at the TSX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a SIREN (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.