Program is Exclusive to TSX Venture Exchange
CALGARY, Nov. 21, 2011 /CNW/ - TSX Venture Exchange today announced that
the Capital Pool Company (CPC™) program is celebrating its 25th Anniversary.
The CPC program provides an alternative, two-step introduction to
listing on TSX Venture Exchange. Through the program, CPC founders with
financial markets experience raise a pool of capital that is listed on
the Exchange as a CPC. The CPC founders then seek out entrepreneurs
with growth and development stage companies. Once a fit is found
between the two, they complete a business combination known as a
Qualifying Transaction (QT). Once a CPC has completed its QT, it forms
a regular company listed on TSX Venture Exchange.
"TSX Venture Exchange is very proud to celebrate this significant
milestone," said John McCoach, President, TSX Venture Exchange. "Over
the past 25 years, the CPC program has provided a unique listing method
for companies, and we look forward to continuing to facilitate growth
and access to capital for our customers through this proven listing
Since its inception in 1986, 2,249 CPCs have listed on TSX Venture
Exchange (and its predecessor exchanges) as of September 30, 2011. In
2010, 98 new CPCs listed on the Exchange, and 128 QTs were completed.
Over the past 10 years, 180 companies that originally listed as CPCs
have graduated from TSX Venture Exchange to Toronto Stock Exchange.
For more information about the CPC program, please visit: TMX.com/cpc.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy
Brokers, Equicom and other TMX Group companies provide listing markets,
trading markets, clearing facilities, data products and other services
to the global financial community. TMX Group is headquartered in
Toronto and operates offices across Canada (Montreal, Calgary and
Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well
as in London and Beijing. For more information about TMX Group, visit
our website at www.tmx.com.
SOURCE Toronto Stock Exchange
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