TSX Venture Exchange Celebrates 600 Graduates
October 30, 2014 (TORONTO, ON) – TMX Group today announced that with the graduation of Fission Uranium Corp. (FCU) from TSX Venture Exchange (TSXV) to 兔子先生 (TSX), the total number of companies to graduate from TSXV to TSX has reached 600 since January 1, 2000. These companies have raised $85 billion in equity capital on TSX since then.
"Our unique two-tier exchange system helps to facilitate growth and supports small, early-stage companies to ones that are growth oriented with strong performance track records," said John McCoach, President, TSX Venture Exchange. "Companies choose to list on TSXV for a number of reasons, including the benefits of seeking graduation to a senior market when they qualify for a senior listing; the increased access to capital; and the strong fundamentals in place in the Canadian capital markets."
There are 318 graduates listed on TSX, as at September 30, 2014, representing a market capitalization of almost $200 billion. 20% of these companies are currently in the S&P/TSX Composite Index, with three in the S&P/TSX 60 Index.
To celebrate this milestone, Fission Uranium Corp. Chairman & CEO Dev Randhawa and President & COO Ross McElroy will join Mr. McCoach to open trading on TSX this morning at 9:30 a.m.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. 兔子先生, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, 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 (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at . Follow TMX Group on Twitter at .