Canadian Securities Exchange Hits New Milestones in 3rd Quarter of 2014 - Video News Alert Summary on InvestmentPitch.com

October 31, 2014 11:42 AM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2014) - The Canadian Securities Exchange achieved a number of important milestones during the 3rd quarter of 2014.

  • The total number of issues reached 250 for the first time on September 18th

  • The CSE currently has 253 listed issues, a 23.5% increase over September 2013

  • 60 companies listed to date with a large number currently being processed

  • As of the end of September, 87 issuers had conducted 160 financings, raising a total of $110 million, spanning a range of sectors, among them technology, industrial, mining, pharmaceutical, and oil and gas

  • Technology sector financings accounted for 51.4% of the capital raised

  • Aggregate trading volume of 549 million shares in the July to September quarter rose 252% compared to the same period in 2013, making it the second most active quarter in exchange history

InvestmentPitch.com has produced a "video news alert" discussing these milestones. If this link is not enabled, please visit www.InvestmentPitch.com and enter "CSE" in the search box.


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Richard Carleton, Chief Executive Officer stated: "The accelerating expansion we see on all fronts illustrates clearly that entrepreneurs looking to tap the public markets for growth capital are increasingly aware of the advantages offered by the Canadian Securities Exchange. Our streamlined compliance process, low listing costs and issuer support initiatives are proving the right fit for more and more businesses in an environment where cost of capital is more paramount to the success of small-cap companies than ever before."

James Black, Vice President, Listings Development, added: "Trading volume at record levels and issuers finding receptive audiences for financing efforts shows that a growing number of investors, both individuals and institutions, are coming to appreciate the opportunities to deploy capital available on the CSE. Our services are attracting early stage businesses as well as companies that are already established in their respective industries. The exchange will continue to grow alongside its listed companies as they achieve success in their own businesses."

Notable financings conducted by CSE issuers in 2014 include $7.62 million raised by medical device developer Helius Medical Technologies Inc. (CSE: HSM) in May, $4.0 million by real estate social network RESAAS Services Inc. (CSE: RSS) in July, and $1.48 million in the first two of three financing tranches by 3D conversion technology company Gener8 Media Corp. (CSE: GNR) through mid-October.

Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors.

For more information and a list of contacts, please visit the exchange's website www.thecse.com or view the blog at http://blog.thecse.com/.

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