TMX Clean Technology & Renewable Power Forums Introduce U.S. Cleantech Companies To Public Venture Capital

TMX Group Inc. will hold the first TMX Clean Technology & Renewable Power Forum today in Los Angeles at the Luxe Hotel Sunset Boulevard. The breakfast will address how U.S. cleantech companies can raise capital on Toronto Stock Exchange and TSX Venture Exchange. Part of the 2009 U.S. Campaign to promote U.S. listings, the event is from 7:30am to 10am and will include a keynote address by CEO Daniel Kunz of U.S. Geothermal, a U.S.-based cleantech company listed on TSX, and the Public Venture Capital Workshop.

The 2009 U.S. Campaign marks the third year that TMX has embarked on a listings roadshow in the United States but the first that cleantech has been highlighted as a sector of focus. "TMX is continuing to invest in business development activities in the U.S. despite the challenging economic environment because we're confident that our equity exchanges present an excellent financing alternative and will continue to do so when market conditions improve," said Tom Kloet, CEO of TMX Group. "Given our strength in the energy and technology sectors, we are especially well-suited to provide clean technology companies access to global capital along with the ideal analyst and investor audience."

Toronto Stock Exchange and TSX Venture Exchange collectively form the world's largest energy market, listing 44% of the world's public energy companies, and list the 2nd highest number of technology companies in North America, creating a model market for cleantech companies. The exchanges also comprise the most favored foreign listing destination for U.S. companies with over 140 U.S. listings. With a significant percentage of trading activity on the exchanges originating out of the U.S., TSX and TSXV offer issuers access to international capital. Since 2007, there have been 30 new cleantech issuers bringing the total number to 110, with a total of over $2 billion in capital raised. Over 10% of TSX and TSX-V cleantech issuers are U.S. companies.

The next TMX Clean Technology & Renewable Power Forum will take place in San Diego on May 14, 2009. For more information about these events and the 2009 U.S. Campaign, please visit http://www.tsx.com/usa.

Future TMX Group U.S. Information Sessions for 2009