Technology companies raised $667 million or 58% of the $1.142 billion total. Of the 20 largest January to June financings exceeding $7 million, 14 were completed by internet, telecommunications, software, life science research and other technology companies. The largest financing in the period - $50 million - was recorded on May 24, 2000 by Ezenet Corp. cl A, a Tier l company that develops and markets software.

"Venture capital investing in Canada has grown at a remarkable rate, as recent statistics published by the Canadian Venture Capital Association have shown", Bill Hess, CDNX president and CEO says. "The public market venture capital alternative plays a vital role as mentor and incubator to start up companies. Confidence in our market has been fueled by the early success of CDNX. Despite the recent correction among technology stocks, Canadian venture capital levels remain strong, with higher dollar value financings on the increase."

From January 1 through June 30, 2000, resource companies accounted for 23% of the total funds raised, with mining companies raising $184 million and oil & gas financings at $81 million.

In addition to Ezenet Corp., the largest financings in the first 6 months include:

Unique Broadband Systems $41.0 million
Micrologix Biotech $40.0 million
eDispatch.com Wireless Data $31.5 million
ACD Systems $22.5 million
Gabriel Resources $16.0 million
Isotechnika $14.5 million
stox.com $14.0 million
Sideware Systems $11.0 million
First Star Energy Ltd. $11.0 million
International Sales Information $10.4 million
MedMira $10.0 million
Kast Telecom $10.0 million

Private placements dominated the equity financing numbers, with 921 completed during the period for a total of $1.071 billion or 94% of all financings. Initial public offerings accounted for $60 million and an additional $11 million was raised via secondary public offerings.

For more information, please visit the Exchange’s website at www.cdnx.com.

- 30 -