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Canadian Securities Exchange Reports June 2024 Performance Figures

newsfile ·  Jul 17 22:20

Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for June 2024.

June 2024 Operating Statistics

  • Trading volume of CSE listed securities totaled 863 million shares;
  • Trading value of CSE listed securities was $228 million;
  • CSE issuers completed 101 financings that raised an aggregate $106 million; and
  • The CSE welcomed listings from four new companies, including three fundamental changes of existing issuers, bringing total listed securities to 794 as at June 30, 2024.

"CSE issuers have remained active even in the slower summer season," said Richard Carleton, CEO of the CSE. "Our issuers completed more than 100 cumulative financings in June, only the second month so far in 2024 in which that milestone was crossed. And the total capital they raised in June also represented the second largest amount raised in any single month this year. With global interest rates now beginning to ease, we believe the financing outlook for emerging companies is poised to improve."

What's On at the CSE

The CSE team has been busy celebrating the Exchange's 20th anniversary! Earlier this month, they marked the occasion in Calgary at the Exchange's annual Pre-Stampede Breakfast, where Richard Carleton briefly discussed the CSE's history and its important role in the capital formation ecosystem. The team also celebrated in Vancouver with a special market open ceremony.

The CSE is pleased to be sponsoring and participating in the 2024 Canadian Security Traders Association (CSTA) conference, taking place in Quebec City from August 15-18. The annual conference brings together a large and diverse group of capital markets professionals and offers a series of presentations and networking events. Richard Carleton will be participating in a panel on August 16 titled "Marketplaces in the Hot Seat" with other senior executives from Canadian exchanges.

CSE Receives Membership in World Federation of Exchanges

On June 4, as previously reported, the CSE received approval for full membership in the World Federation of Exchanges ("WFE"). The WFE represents more than 250 market infrastructure providers and is a leading advocate on issues critical to the exchange industry, including market structure, capital raising, regulation and sustainability. WFE membership supports the global capital formation and liquidity goals of CSE issuers, and advances management's objective of facilitating global access to trading on the Exchange. Please click here to view the full announcement.

New Listings in June 2024

Yukon Metals Corp. (YMC) - Fundamental Change
SALi Lithium Corp. (SALI) - Fundamental Change
Mustang Energy Corp. (MEC) - Fundamental Change
BluSky Carbon Inc. (BSKY)

About the Canadian Securities Exchange:

The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity.

Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision.

The CSE offers global investors access to an innovative collection of growing and mature companies.

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Contact:
Richard Carleton, CEO
416-367-7360
richard.carleton@thecse.com

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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