Who is CDNX?
The Canadian Venture Exchange (CDNX) is Canadas national exchange for venture
class securities.CDNX specializes in financing for emerging companies and preparing
them for graduation to senior markets. CDNX graduates represented 38 per cent of the
TSEs new listings in 2000.
CDNX is part of the TSE group of companies, which includes the Toronto Stock Exchange
(TSE), TSE Market Services and TSE Regulation Services.
A well-regulated market
CDNX provides an efficient facility for venture funding while maintaining the
highest standards of disclosure, fairness and integrity. Striking the balance between
effective regulation and fostering opportunity for emerging companies is what CDNX
specializes in achieving.
Companies listed on CDNX are classified into distinct tiers; each with minimum listing
requirements based on financial performance, stage of development and financial resources
at the time of listing.
National access to public venture capital
CDNX supports the growth of Canadas emerging companies and provides access for
investors wishing to participate in venture class investments in new economy companies or
more traditional sectors such as oil & gas and mining.
CDNXs new listings have grown 12 per cent in 2001; 27% of these new listings are
from Ontario. The continued growth in diversity and geographic distribution of CDNXs
listed companies makes it a unique way for investors to gain access to ground floor
investment opportunities and for emerging companies to gain access to capital.
|
|
Quick Facts Employees : approx. 130
Launch date: Nov. 29, 1999
National offices:
Calgary
Toronto
Vancouver
Winnipeg
Montreal
Member firms: 68 and 14 participating organizations
(Companies that have trading access to CDNX, but are not members.)
Average equity market cap:
$5.72 million at year end 2000
$3.94 million at year end 2001
Capital raised:
$1.08 billion in 2001
2001 trading statistics:
8,856,907,403 shares
3,605,449,417 dollars
1,540,012 trades
2001 financial highlights (5 months ended Dec, 2001): $14 million in revenues
$70K in cash and equivalents
|