First time initiative for Canada's largest stock exchange operator
NEW YORK, April 11 /CNW/ - TSX Group Inc. (TSX:X), operator of Toronto
Stock Exchange and TSX Venture Exchange, will launch its US business
development campaign for 2007 in New York today. The event will be held at the
Princeton Club in Manhattan from 12:00pm to 1:30pm.
CEO of TSX Group, Richard Nesbitt, will speak on this US expansion effort
and field inquiries about TSX Group and its recent alliance announcements with
International Securities Exchange (ISE) and Intercontinental Exchange (ICE).
Randall Oliphant, Chairman of TSX-listed Western Goldfields (TSX:WGI) will be
speaking on the company's experiences as a US entity listed on a TSX Group
exchange. Opening remarks will be delivered by Dan Sullivan, Consul General of
Canada in New York, and himself a former Chair of Toronto Stock Exchange.
The US business development campaign will consist of TSX Group
information sessions held in Denver, Reno, Houston, Dallas and other cities
across the US that are to be announced in the near future. TSX Group will also
center the campaign on increasing awareness among small to medium enterprises
regarding opportunities to list on TSX and TSX Venture Exchange, both markets
that balance a well-reputed regulatory structure with flexibility designed to
foster and support growth for small cap companies. Each information session
will outline the prominence of TSX Group as the purveyor of a leading
international resource equities market and its expertise in financing,
mentoring and supporting small cap companies. The sessions will also feature
CEOs of local companies addressing how listing on a TSX Group exchange has
impacted operations and financing initiatives.
TSX Group's exchanges are world leading markets for resource equities and
small cap public companies. More than 80% of the total number of mining equity
financing deals in the world were completed by TSX Group issuers, representing
half of all mining equity capital raised in 2006. Almost 60% of global mining
companies are currently listed on a TSX Group exchange. TSX Group is also home
to over 50% of the world's public oil and gas companies, and is the listing
destination for many small cap companies in all industry sectors.
The reach of Toronto Stock Exchange and TSX Venture Exchange extends
internationally, providing access to capital for more than 3,800 companies.
$1.8 trillion USD in global market capitalization and leading-edge trading
technology make TSX Group a dynamic source of North American capital.
TSX Group Inc. (TSX-X) 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 interdealer broker. TSX are the initials attached to the core
equity operations of TSX Group (www.tsx.com): Toronto Stock Exchange, TSX
Venture Exchange, TSX Markets, TSX Datalinx, and TSX Technologies. TSX Group
is headquartered in Toronto and maintains offices in Montreal, Winnipeg,
Calgary and Vancouver.
For further information:
For further information: Esther Koo, Southard Communications, (212)
777-2220, firstname.lastname@example.org; Steve Kee, Director, Media & Marketing, TSX
Group Inc., (416) 947-4682, email@example.com