By Howard Fitch, Capital Event Management
As 2018 draws to a close, it is time to reflect back on the year that was at Capital Event. With the conclusion of the Florida Capital Conference November 15-17, we wrapped our 53rd event since inception in December 2010. A big thanks to all of our supporters over the years without whom we would not be entering our 9th year in business!
At this time of year of course we would like to extend warm holiday wishes to all with the hope that you are able to spend some quality time with family and friends. We hope you have the opportunity to recharge your batteries before gearing up for the New Year.
As everyone in the capital markets is aware, 2018 was a challenging year in the Canadian small and micro-cap market. The bellwether TSX Venture Composite Index started the year by hitting a high of 939 then began an unrelenting downward move to current levels around 563. Despite this trend CEM hosted 7 events with over 280 issuers and investors participating in our one on one 2 day events.
It is always easier if the tide is rising but experienced market participants recognize the cyclicality of interest and performance in the small and micro-cap sectors. We at Capital Event would like to think all of our participants are aware it takes a persistent and consistent approach through rising and falling markets to achieve success. By continuing to participate, to meet, establish and nurture new relationships in the financial markets on a consistent basis, our clients and investors will gain an edge over their peer groups. Take a moment to read our essay on the Importance of Relationship Building.
Speaking of such, we are excitedly anticipating the upcoming 6th annual AlphaNorth Capital Conference, January 18-20 at our new location, the Grand Hyatt Baha Mar! The event will feature 50 companies active in many technology and healthcare sectors across the board and 50 + investors seeking and assessing opportunities in emerging growth situations. A special thanks in advance to title sponsor AlphaNorth Asset Management and Steve Palmer for inaugurating and continuing to stand behind our Bahamas event.
2018 saw us adopt Cvent’s registration system and conference app. Both proved to be very effective and the app in particular is a hit as users now have full conference details and contact information for all participants at their fingertips. Particularly useful to schedule off track meetings at each event to maximize your use of time at the conference. We will continue to fine tune and encourage users to download and utilize the app in 2019. Plan ahead for next year’s events by checking our conference calendar here.
Despite the overall downward trend in the junior markets, there were several companies that performed well in 2018, a few highlights below (based on start price at specific event to Dec. 14 close):
Great Bear Resources (GBR) up 312%, iAnthus Capital Holdings (IAN) 93%, Antibe Therapeutics (ATE) 29%, GreenPower Motor Company (GPV) 30%, Corvus Gold (KOR) 70%, Silvercrest Metals (SIL) 68%, Trilogy Metals(TMQ) 59%, Aztec Minerals (AZT) 23%, Rockcliff Metals (RCLF) 250%, Triumph Gold (TIG) 34%, Siyata Mobile (SIM) 28%, American Lithium (LI) 25%, Japan Gold (JG) 54%, Sun Metals (SUNM) 44%, Valens GroWorks (VGW) 46%, Ely Gold (ELY) 33%
As we leave 2018 behind, a shout out to our many sponsors who took part in our 2018 events: The CSE, Manning Elliott, MNP, Winning Media, BWZ, AlphaNorth, O/M Partners, and the Yukon Mining Alliance.
In conclusion, we thank all of our issuers, investors, sponsors and guests, both new and returning, who contribute to the overall success of Capital Event. We continue to build our community and appreciate your collaboration, feedback and referrals to new issuers and investors that fulfill our goal of connecting capital with opportunity!
Howard Fitch, Neil Currie, Matt Fleming and the Capital Event Team
2019 Capital Event Schedule:
Bahamas Jan. 18-20
Whistler Feb. 8-10
Scottsdale Apr. 26-28
Montreal June 7-9
Okanagan Jul. 11-13
Muskoka Sep. 27-29
Florida Nov. 21-23