AEP Atlas Engineered Products Ltd

NANAIMO, BC, Feb. 21, 2024 /CNW/ - Atlas Engineered Products ("AEP" or the "Company") (TSXV: AEP) (OTC Markets: APEUF) announced today that it has been named as one of the top performers on the TSX Venture Exchange for the 2^nd year in a row.

The TSX Venture 50 is a ranking of the strongest companies on the TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth. There are five industry sectors and each industry sector comprises of the 10 strongest performing companies. AEP placed 2^nd in the Diversified Industries sector in 2024 and 2023.

Hadi Abassi, CEO & President of AEP, commented, "We are proud to be recognized as a Top 50 company on the TSX Venture Exchange. AEP is looking forward to continuing to perform for our customers and stakeholders with a steady focus on operational improvement and efficiencies, organic growth, and acquisitive growth."

AEP is a growth company that is acquiring and operating profitable, well-established operations in Canada's truss and engineered products industry. We have a well-defined and disciplined acquisition and operating growth strategy enabling us to scale aggressively and apply new technologies, giving us a unique opportunity to consolidate a fragmented industry of independent operators.

Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Although AEP believes that the expectations reflected in the forward looking statements are reasonable, there is no assurance that such expectations will prove to be correct, or that such future events will occur in the disclosed time frames or at all.  AEP cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond AEP's control.  Such factors include, among other things: Risks and uncertainties relating to AEP, including those to be described in the Management's Discussion and Analysis ("MD&A") for AEP's three and nine months ended September 30, 2023.  Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, AEP undertakes no obligation to publicly update or revise forward-looking information.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Atlas Engineered Products Ltd.