Press release from CNW Group
Toronto Stock Exchange and TSX Venture Exchange Travel to Latin America
Thursday, May 23, 2013
Toronto Stock Exchange and TSX Venture Exchange Travel to Latin America12:57 EDT Thursday, May 23, 2013
The Exchanges to share insight on the Canadian capital markets
TORONTO, May 23, 2013 /CNW/ - Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) will visit three Latin American countries starting today in Brazil with further stops in Mexico and Peru.
TSX and TSXV will visit São Paulo and Rio de Janeiro, Brazil, Mexico City, Mexico and Lima, Peru. The Exchanges will conduct one-on-one meetings with representatives from companies in the natural resources sectors to raise awareness and share insight about the Canadian capital markets. On May 28 in Mexico City, TMX Group CEO Tom Kloet will be a guest speaker at a capital markets seminar.
"Latin America is an important market for our Exchanges," said Mr. Kloet. "Our goal is not only to support our issuers doing business in the region, but to enable companies that are interested in raising capital in Canada to learn best practices about the going-public process."
There are over 475 TSX and TSXV mining companies with more than 1,525 projects in Latin America. In 2012, TSX and TSXV issuers raised $1.9 billion for projects in Latin America. As of April 30, 2013, there were 20 Latin American companies listed on TSX and TSXV with a combined market capitalization of $9.9 billion.
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. Toronto Stock Exchange, 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 www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE: TSX Group Inc.
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Manager, Corporate Communications