TORONTO, June 4 /CNW/ - TSX Group Inc. Interim Co-CEO Rik Parkhill says
TSX Group's exchanges are world leaders in the listing and financing of mining
companies. He told attendees at the 8th Annual Metals and Mining Conference of
The New York Society of Security Analysts that, "As one of the leading
exchanges worldwide for companies in the resources sector, mining companies
choose to list with us because of our expertise, our extensive knowledge and
experience in their industry and our successful history."
Mr. Parkhill, who attended the conference alongside Richard Nadeau,
Senior Vice President of Toronto Stock Exchange, went on to say that TSX
Group's exchanges (Toronto Stock Exchange and TSX Venture Exchange) are
ideally focused to service this sector. "We are the seventh largest exchange
group in the world by market cap of our issuers. We focus on our strengths in
natural resources and small to medium-sized enterprises. We have a great track
record helping small and medium-sized companies successfully raise capital. We
are number one in both mining and oil and gas, based on number of listed
issuers. We are also the largest small-to-medium enterprise-or SME-exchange in
He also presented a series of numbers that highlighted TSX Group's impact
on the mining sector.
- 2007 was a record year on many fronts for the miners on TSX and TSX
- A record year for mining listings: 186 new companies on the two
- A record year for mining companies graduating from TSX Venture to TSX:
- A record year for international mining listings: 27 new international
listings in 2007, from Australia, Brazil, Chile, China, Papua New
Guinea, the U.K. and U.S.A.
- A record year for raising mining equity: $19 billion on the two
- A record year for the number of equity financings.
- A record year for mining shares in terms of volume and value traded.
- A record year for the number of trades.
Mr. Parkhill's remarks (along with more mining statistics) are available
About TMX Group Inc. (1)
TMX Group is the product of the business combination of TSX Group Inc.
and Montréal Exchange Inc. TMX Group is the leading integrated exchange group
in Canada, operating markets for multiple asset classes.
(1) TSX Group is expected to change its name to TMX Group Inc. on June
11, 2008, subject to approval by shareholders
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.
About Montréal Exchange Inc.
The Montréal Exchange (MX) is the Canadian derivatives exchange. MX
offers trading in Canadian interest rate, index and equity derivatives.
Clearing, settlement and risk management services are provided by an AA rated
clearing house. MX has interests in: the Boston Options Exchange (BOX), a U.S.
automated equity options market, the Canadian Resources Exchange (CAREX), a
corporation dedicated to developing the Canadian energy market; and the
Montréal Climate Exchange (MCeX), a joint venture with the Chicago Climate
Exchange(R), which aims to establish the leading market for publicly traded
environmental products in Canada.
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)