Vancouver, British Columbia-based NaiKun Wind Energy Group Inc. has been upgraded to a Tier 1 listing on the TSX Venture Exchange.
Tier 1 is the TSX Venture Exchange's premier tier and is reserved for advanced companies with significant financial resources. Advantages of a Tier 1 listing include a more favorable regulatory environment and increased opportunity for participation by institutional investors.
‘NaiKun's progress to date reflects the strength of our team, the promise of our project and a solid financial position that will enable us to continue moving forward,’ says Paul Taylor, president and CEO of NaiKun. ‘The upgrade to Tier 1 acknowledges our success in these areas, and we are delighted to have reached this important milestone.’
NaiKun recently submitted a proposal to BC Hydro to supply up to 396 MW of electricity from Canada's first offshore wind energy facility.
SOURCE: NaiKun Wind Energy Group Inc.
