Business
Resverlogix Surpasses $1 Billion Trading Milestone
Resverlogix Surpasses $1 Billion Trading Milestone
About this update from Resverlogix Corp.
[{"type":"text","content":"\n\n\n\n Aug. 23, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nTSX Exchange Symbol: RVX\n\nCALGARY, Aug. 23 /CNW/ - Resverlogix Corp. ("Resverlogix" or the "Company") (TSX:RVX) announces today that it has surpassed an important business marker for the Company - historical trading of Resverlogix's shares on the Toronto Stock Exchange has now passed the $1 billion dollar mark on the TSX exchange.\nDonald J. McCaffrey, President & CEO of Resverlogix stated, "This accomplishment is worthwhile highlighting to shareholders as it once again illustrates our ability to maintain a strong position in the Canadian Life Sciences sector. By crossing the $1 billion trading threshold Resverlogix becomes one of only a handful of the 61 life sciences companies, currently trading on the TSX, which have surpassed this lofty level." McCaffrey noted "This accomplishment clearly shows a high level of liquidity for Resverlogix stock and interest in our atherosclerosis technology. The importance of liquidity is that it is a key investment factor for larger institutions when they are considering long term investments in early stage Life Science companies."\n\nAbout Resverlogix Corp.\n\nResverlogix Corp. is a leading biotechnology company engaged in the development of novel therapies for important global medical markets with significant unmet medical needs. The NexVas(TM) PR program is the Company's primary focus which is to develop novel small molecules that enhance ApoA-I. These vital therapies address the burden of atherosclerosis and other important diseases such as Acute Coronary Syndrome, Diabetes, Alzheimer's disease, Peripheral Artery Disease and other vascular disorders. Resverlogix Corp.'s common shares trade on the Toronto Stock Exchange (TSX:RVX). For further information please visit www.resverlogix.com.\n\nThis news release may contain certain forward-looking statements as defined under applicable Canadian...