Group Inc. (TSX:X), operator of Toronto Stock Exchange and TSX Venture Exchange, will launch its US business development campaign for 2007 in New York today. The event will be held at the Princeton Club in Manhattan from 12:00pm to 1:30pm.
CEO of TSX Group, Richard Nesbitt, will speak on this US expansion effort and field inquiries about TSX Group and its recent alliance announcements with International Securities Exchange (ISE) and Intercontinental Exchange (ICE). Randall Oliphant, Chairman of TSX-listed Western Goldfields (TSX:WGI) will be speaking on the company’s experiences as a US entity listed on a TSX Group exchange. Opening remarks will be delivered by Dan Sullivan, Consul General of Canada in New York, and himself a former Chair of Toronto Stock Exchange.
The US business development campaign will consist of TSX Group information sessions held in Denver, Reno, Houston, Dallas and other cities across the US that are to be announced in the near future. TSX Group will also center the campaign on increasing awareness among small to medium enterprises regarding opportunities to list on TSX and TSX Venture Exchange, both markets that balance a wellreputed regulatory structure with flexibility designed to foster and support growth for small cap companies. Each information session will outline the prominence of TSX Group as the purveyor of a leading international resource equities market and its expertise in financing, mentoring and supporting small cap companies. The sessions will also feature CEOs of local companies addressing how listing on a TSX Group exchange has impacted operations and financing initiatives.
TSX Group’s exchanges are world leading markets for resource equities and small cap public companies. More than 80% of the total number of mining equity financing deals in the world were completed by TSX Group issuers, representing half of all mining equity capital raised in 2006. Almost 60% of global mining companies are currently listed on a TSX Group exchange. TSX Group is also home to over 50% of the world’s public oil and gas companies, and is the listing destination for many small cap companies in all industry sectors.
The reach of Toronto Stock Exchange and TSX Venture Exchange extends internationally, providing access to capital for more than 3,800 companies. $1.8 trillion USD in global market capitalization and leading-edge trading technology make TSX Group a dynamic source of North American capital.
TSX Group Inc. (TSX-X) operates Canada's two national stock exchanges, Toronto Stock Exchange serving the senior equity market and TSX Venture Exchange serving the public venture equity market, Natural Gas Exchange (NGX), a leading North American exchange for the trading and clearing of natural gas and electricity contracts and Shorcan Brokers Limited, the country's first fixed income interdealer broker. TSX are the initials attached to the core equity operations of TSX Group (www.tsx.com): Toronto Stock Exchange, TSX Venture Exchange, TSX Markets, TSX Datalinx, and TSX Technologies. TSX Group is headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary and Vancouver.
