Look North to Canada for growth capital

Law firm Cassels Brock, in conjunction with the Toronto Stock Exchange and Toronto Financial Services Alliance, advises U.S. companies to tap strong equity markets north of the border

TORONTO, Sept. 7, 2011 /CNW/ - Cassels Brock & Blackwell LLP, together with the TMX Group (Toronto Stock Exchange and its junior venture exchange TSX-V), as well as TFSA (Toronto Financial Services Alliance) will hold a complimentary executive seminar to inform rapidly growing U.S. mid-market companies, along with their professional advisors and financiers, about the increasingly attractive financing options available in Canada's equity and debt markets.  The seminar will be held on Wednesday, November 9, 2011, at The Metropolitan Club in Chicago.

Featuring keynote addresses by Tom Kloett, CEO, TMX Group (Toronto Stock Exchange), and Janet Ecker, President, TFSA, the half-day session will focus on:

  • Why the TSX and TSX-V are ideal for U.S. issuers
  • How the 'going public' process is different in Canada and the requirements for U.S. issuers
  • The types of companies that have the most success on the TSX
  • The key tax, regulatory and business considerations

Last year alone, international companies raised more than $8.3 billion dollars on the Toronto Stock Exchange.  That volume is steadily increasing because the Canadian capital markets are designed to accommodate foreign-based issuers, who often use the TSX as a stepping stone to listing on the NASDAQ or NYSE.  The Canadian capital markets are also structured to foster the growth of small and mid-cap businesses, supported by investment banks specializing in financing growing businesses with revenues of less than $200 million.

About Cassels Brock
Cassels Brock & Blackwell LLP (www.casselsbrock.com), a full-service business law firm with more than 200 lawyers working in its Toronto office, acts for issuers, underwriters, financiers and advisors of all sizes in Canada, the U.S. and around the world.  The firm has exceptionally deep and broad expertise in all areas of cross-border corporate transaction work, including equity and debt financing, mergers and acquisitions, tax structuring and regulatory issues

About The TMX
Toronto Stock Exchange and TSX Venture Exchange:  The Toronto Stock Exchange and TSX Venture Exchange are home to the largest number (3,600) of publicly-traded companies of any exchange in North America and 8% of all listings in the world.  This leading marketplace for growth provides a dynamic source of capital for U.S. issuers. To date, more than 150 U.S. companies have chosen the TSX or TSX-V as their platform to raise growth capital based on the peer group quality, the deep and liquid trading and investment environment and the stakeholders' expertise and innovation.

About The TFSA
The Toronto Financial Services Alliance is a growing public-private partnership dedicated to increasing Toronto's role as a global financial services hub.  Established in 2001 by the city of Toronto in partnership with the financial industry, TFSA works on behalf of the entire financial cluster, including its business and educational support sectors.  With both the federal and provincial governments now joining the partnership, TFSA has established the Global Risk Institute in Financial Services to leverage the sector's global reputation for stability, as well as the Centre of Excellence in Financial Services Education to capitalize on Toronto region's human capital advantages.

SOURCE Cassels Brock

For further information:

*For additional information, contact: Kelli Wight, Director of Business Development, Cassels Brock & Blackwell LLP, kwight@casselsbrock.com or 416-860-6761.

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