Maple Group Acquisition Corporation ("Maple"), and TMX Group Inc. (“TMX Group”) (TSX:X) today note publication of a Staff Notice and accompanying press release by the Alberta Securities Commission (“ASC”) with respect to the ASC's ongoing review of Maple's proposed acquisition of TMX Group and related transactions.
The Staff Notice and press release indicate that ASC Staff have reviewed the Maple proposal as it relates to the ASC's oversight of Toronto Stock Exchange, TSX Venture Exchange and Natural Gas Exchange and that the ASC expects to amend and restate its recognition orders for TSX Venture Exchange and Natural Gas Exchange and its exemption order for Toronto Stock Exchange in accordance with Maple's application. This is subject to a review by the ASC of any further changes to Maple's proposal, any changes to the recognition or exemption orders proposed by the Ontario Securities Commission, and the Autorité des marchés financiers and the pending proposed recognition and exemption orders from the British Columbia Securities Commission.
The ASC further indicated its intention is to coordinate the issuance of its final orders with the other securities regulators.
The ASC Staff Notice 21-702 can be found at: www. http://www.albertasecurities.com