Year to date June 2014:
116 issuers went public on TSX (57) and TSXV (59)
77 New Companies
6 New CPCs
24 New ETFs
9 New Structured Products
The S&P/TSX Composite Index was up 11.2% and the S&P/TSX Venture Composite Index was up 10.4%, ranking them #1 and #2 among the major global indices year to date 2014 for the third consecutive month.
$31.9 billion equity capital was raised on TSX ($29.3B) and TSXV ($2.6B), up 54% year over year.
The average financing on TSXV was $3.1M and the average financing on TSX was $90.6M, up from $2.3M and $69.6M, respectively, in the first half of 2013.
The number of billion-dollar plus financings on TSX in the first half of 2014 was 6, versus 2 in the same period last year.
Top 5 Movers by Equity Capital Raised
(by Sector)
|
Sector |
H1 2014 Equity Capital Raised |
H1 2013 Equity Capital Raised |
Percentage Change |
|
Technology |
$1.8B |
$396M |
349% |
|
Oil & Gas |
$6.0B |
$1.6B |
283% |
|
Clean Technology & Renewable Energy |
$1.5B |
$566M |
157% |
|
Mining |
$5.4B |
$2.2B |
141% |
|
Financial Services |
$6.5B |
$2.3B |
127% |
Top 5 Financings on TSX - June 2014
|
Name |
Sector |
Type of Financing |
Gross Proceeds |
|
Element Financial Corporation |
Financial Services |
Secondary Offering |
$1.4B |
|
Royal Bank of Canada |
Financial Services |
Secondary Offering |
$500M |
|
Toronto-Dominion Bank |
Financial Services |
Secondary Offering |
$500M |
|
Enbridge Inc. |
Utilities & Pipelines |
Secondary Offering |
$400M |
|
Bank of Montreal |
Financial Services |
Secondary Offering |
$400M |
Top 5 Financings on TSXV - June 2014
|
Name |
Sector |
Type of Financing |
Gross Proceeds |
|
Spartan Energy Corp. |
Oil & Gas |
Shares for Debt |
$150M |
|
Mosaic Capital Corporation |
Financial Services |
Public Offering |
$29M |
|
Highland Copper Company Inc. |
Mining |
Private Placement |
$21M |
|
Lonestar West Inc. |
Diversified Industries |
Shares for Debt |
$20M |
|
Americas Petrogas Inc. |
Oil & Gas |
Public Offering |
$17M |
Please click here for the June 2014 MiG Report.
