TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for March 2012.
Toronto Stock Exchange welcomed eight new issuers in March 2012, down from 15 in February 2012 and 17 in March 2011. The new listings included three exchange traded funds and two mining companies. Total financings raised was down 33% in March 2012 compared to the previous month and was down 12% compared to the same month a year earlier. However, on a year-to-date basis, total financings raised exceeded 2011 figures by 40%.
TSX Venture Exchange listed 23 new issuers in March 2012, ahead of both the previous month, when there were 20, and March 2011, when there were 17. Of the new listings, five were from the mining sector, one was from the clean technology sector and one was from the oil and gas sector. Total financings raised in March 2012 was up 182% compared to February 2012, though it was down 43% from the same month a year earlier. Year-to-date, the number of new issuers listed and the number of graduates to Toronto Stock Exchange both exceeded 2011 levels.
Related Documents:
TMX Group Equity Financing Statistics - March 2012