IGEN Networks Corp. Added to CSE Composite Index
01 Outubro 2015 - 2:23PM
IGEN Networks Corp. (the "Company" or "IGEN") (OTCQB:IGEN)
(CSE:IGN) announces that its publicly listed stock in Canada has
officially been added to the CSE Composite Index. The CSE Composite
Index is a broad indicator of market activity for the Canadian
Securities Exchange (CSE). IGEN Networks is a dual listed stock
that is also quoted on the OTCQB in the United States.
Additionally, IGEN Networks announces it has implemented a
program to build investor awareness of its Company. The program,
led by Equities.com, is structured to provide wide distribution and
editorial coverage of its press releases and major corporate
developments, and is expected to continue through at least May 31,
2016.
Neil G. Chan, President and CEO of IGEN, stated, "We are pleased
to be included in the CSE Composite Index, and hope this will
encourage investors to take a serious look at our growth
story." He added, "We are also excited to work with
Equities.com to deliver our message of growth to investors in the
United States and Canada."
About The Canadian Securities Exchange and CSE Composite
Index
The Canadian Securities Exchange (CSE) is a modern and efficient
alternative for companies looking to access the Canadian public
capital markets. It was the first new stock market launched in
Canada in over 75 years and was officially recognized as a stock
exchange by the Ontario Securities Commission in 2004. The CSE is
designed to meet the needs of small cap companies and reflects a
unique segment of the Canadian capital markets.
The CSE Composite Index is calculated using a market
capitalization approach. Total shares outstanding are multiplied by
price to determine each component's weight in the index. The number
of issued shares of each component is fixed at each quarterly
rebalancing, subject to changes which are described under Index
maintenance. The weight of each constituent varies continuously as
its price changes.
About Equities.com
Equities.com is an advanced financial data portal and social
network designed to connect self-directed investors with the
world's most innovative start-up and small cap companies. Through
our in-depth coverage of small cap markets, comprehensive research
and stock valuation reports, state of the art issuer products, and
world class events, Equities.com provides the social tools and
insight that drive tomorrow's investment relationships and
opportunities.
About IGEN Networks Corporation:
IGEN Networks Corporation invests in and manages companies that
deliver cloud-based services through Machine-to-Machine (M2M)
device technologies for the protection and management of mobile
assets and commercial fleets. The Company offers a range of
self-provisioning applications which are used to manage and recover
stolen assets, provide access to roadside assistance programs, and
improve productivity of commercial fleets.
IGEN is a fully reporting company in both Canada and the United
States. It is publicly traded on the OTCQB under the symbol IGEN,
and listed on the CSE under the symbol IGN. For more information,
please visit www.igen-networks.com.
Forward-Looking Statements
This news release may contain forward-looking statements or
forward looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and Canadian securities
law. The terms and phrases "goal", "commitment", "guidance",
"expects", "would", "will", "continuing", "drive", "believes",
"indicate", "look forward", "grow", "outlook", "forecasts",
"intend", and similar terms and phrases are intended to identify
these forward-looking statements. Forward-looking statements are
based on estimates and assumptions made by IGEN in light of its
experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors that IGEN believes are appropriate in the circumstances,
including but not limited to statements regarding investment
liquidity, financing options and long term goals of the Company,
general economic conditions, IGEN's expectations regarding its
business, customer base, strategy and prospects, and IGEN's
confidence in the cash flow generation of its business. Many
factors could cause IGEN's actual results, performance or
achievements to differ materially from those expressed or implied
by the forward-looking statements, including, without limitation:
risks related to competition; IGEN's reliance on key personnel;
IGEN's ability to maintain and enhance its brand; and difficulties
in forecasting IGEN's financial results, particularly over longer
periods given the rapid technological changes, competition and
short product life cycles that characterize the mobile application
industry. These risk factors and others relating to IGEN that may
cause actual results to differ are set forth in the under the
heading "Risk Factors" in IGEN's periodic filings with the British
Columbia Securities Commission and the U.S. Securities and Exchange
Commission (copies of which filings may be obtained at
www.sedar.com or EDGAR). These factors should be considered
carefully, and readers should not place undue reliance on IGEN's
forward-looking statements. IGEN has no intention and undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
CONTACT: Corporate Inquiries:
IGEN Networks Corporation
Attn: Richard Freeman
1(888)244-3650
rfreeman@igen-networks.com
www.igen-networks.com
Investor Relations:
Green Chip Investor Relations:
Attn: Matt Chipman
(310)858-5575
IGEN@GreenChipIR.com
www.GreenChipIR.com
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