TORONTO, Feb. 27 /CNW/ - With many of the world's leading mining experts
in Toronto for the annual Prospector's & Developers Association of Canada
Conference (PDAC), TSX Group will celebrate "TSX Mining Week" with a series of
market openings devoted specifically to mining issuers.
On Monday, March 3 officials from Jinshan Gold Mines Inc., a TSX Venture
Exchange graduate, open the market. That's followed Tuesday by officials from
PDAC. On Wednesday, Quest Uranium opens the market. Thursday its First
Majestic Silver and on Friday, Rockwell Diamonds completes the group of mining
issuers opening the markets at the TSX Broadcast Centre.
"Our exchanges are world leaders for raising equity capital for mining
and as a result we attract numerous international mining participants," said
Rik Parkhill, Interim Co-CEO of TSX Group. "There is great value for mining
issuers in a TSX listing. Mining issuers that list here tap into deep capital
pools and extensive mining expertise from analysts, professional advisors like
lawyers and engineers, investment bankers, to investors. We are the world's
Mr. Parkhill will be a keynote speaker at the PDAC Conference. His speech
will be at 10:30 a.m. on Monday, March 3 at the Metro Toronto Convention
Centre. (Level 700, South Building.)
TSX Group's exchanges are home to approximately 60% of the world's public
mining companies. As the world's pre-eminent mining exchange group, TSX Group
offers mining companies access to capital and trading at all stages of their
growth, from the earliest stage exploration companies to senior producers.
Canada has the world's largest mining analyst community that covers issuers on
both Toronto Stock Exchange and TSX Venture Exchange.
Mining companies from around the globe continue to come to TSX Group
exchanges. In 2007, a record total of 186 new mining companies listed on the
exchanges - more than any other exchange group in the world. It was also a
record year for graduations from TSX Venture Exchange to Toronto Stock
Exchange - 44 mining companies graduated in 2007.
Other new records included the number of international mining listings -
27 new international listings in 2007 - from Australia, Brazil, Chile, China,
Papua New Guinea, UK, and USA.
For equity financings: Record year for equity capital raised by TSX and
TSXV mining companies and a record year for number of equity financings.
And finally for trading: It was a record year for mining shares volume
and value traded and a record year for number of trades.
For Market Openings: Media may pick up a feed from the TOC (television
operations centre) for all market open ceremonies. The feed is named TSX
Transmit 2 and is produced at the TSX and sent live to the TOC. Those featured
in the market opening move into position for the market open ceremony at
approximately 9:27 a.m. and the markets will open with the sound of a SIREN
(the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TSX Group Inc. (TSX-X)
TSX Group 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
inter-dealer broker. TSX Group also owns The Equicom Group Inc., a leading
provider of investor relations and related corporate communication services in
Canada. TSX Group is headquartered in Toronto and maintains offices in
Montreal, Calgary and Vancouver.
For further information:
For further information: Steve Kee, Director, Corporate Communications,
TSX Group Inc., Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392,
Cellular (416) 358-3714, Vancouver Office (604) 602-6902, Calgary Office (403)