DOCSLIB.ORG

Canada's Public Equities Markets Your

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Canada's Public Equities Markets Your CANADA’S PUBLIC EQUITIES MARKETS YOUR OPPORTUNITY Table of contents Investment opportunities in Canada’s leading public equities markets 4 Oil and gas: World-class competitors 8 Mining: From the ground up 10 Technology and innovation: Find your next investment opportunity on Fast growth in ideas 12 Toronto Stock Exchange and TSX Venture Exchange. Diversified industries: Exposure to a wealth of sub-sectors 16 Choose from more than 3,400 companies listed on the ETFs and closed-end funds: Exchanges, from micro-cap to mega-cap, across a broad All the stocks that fit 20 spectrum of industry sectors. TSX and TSXV by the numbers 22 Number of Canadian companies and issuers listed on TSX and TSXV by province 24 Top 20 stocks on TSX and TSXV by volume traded 26 New listings in 2014: Welcome to TSX and TSXV 28 2 CANADA’S PUBLIC EQUITIES MARKETS. YOUR OPPORTUNITY. 3 Investment opportunities in Canada’s leading public equities markets If you are like most Canadians, you probably understand how companies raise capital “TSX provides access to capital – and a welcoming environment – on a stock exchange by issuing shares to the public. You are familiar with the role for many companies located in Canada and outside our borders,” of public equities markets, and you understand the risks and rewards of investing says Ungad Chadda. in public companies. Yet are you aware of the breadth and depth of Canadian companies listed on our country’s leading public markets? “TSX is Canada’s leading capital market, by any measure, and has become a critical piece of our country’s financial Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) offer a diverse and infrastructure. The Exchange provides a well-regulated, globally Ungad Chadda vibrant stock list to access various investment opportunities. Together, TSX and TSXV Senior Vice President, recognized marketplace for companies to raise growth capital, are home to a wide range of companies, providing Canadian investors an opportunity Toronto Stock while also providing an environment where investors can find a to invest in home grown companies. More than 3,400 companies – including over Exchange world of opportunities for their investment portfolios,” 3,220 Canadian companies, from coast to coast – are listed on the according to Chadda. Exchanges across a spectrum of industry sectors including oil and gas, mining, technology, life sciences, clean technology, industrials Many investors in Canada, however, may not realize that they can also participate in TSX and TSXV: and financial services. And with the two-tier nature of the exchanges, the growth and development of smaller but no less ambitious companies, from their investors can choose to invest in growing businesses on TSXV or more early stages to their maturity, through the almost 2,000 companies listed on TSXV. 3,400+ established blue chip corporations on TSX. LISTED COMPANIES “Early stage companies can offer growth opportunities,” For more than 160 years, some of Canada’s most renowned businesses says John McCoach have listed their securities on TSX, Canada’s oldest and largest “TSXV is unique in Canada, in that it provides a market for Exchange. On TSX, investors can choose from over 1,500 Canadian Canadians to invest during the early phases of a company’s and global companies spanning several different sectors. In fact, TSX is home to development. There’s no other public venture market like some of the world’s biggest natural resources companies as a result of the Exchange’s this anywhere in the world in terms of the number of companies global leadership position in financing oil, gas and mining companies. TSX is also listed and the amount of equity capital raised. We see these John McCoach Canada’s only home to over 340 exchange-traded funds (ETFs), which provide exposure companies as vital to the future of Canada’s economy.” President, to a wide range of industry sectors and asset classes, including Canadian and TSX Venture Exchange international equities, fixed income, commodities and currencies. There are also over Through stocks issued on TSXV, investors gain access to 210 closed-end funds listed on TSX, which have a current market value of more than emerging companies, some of which may grow into tomorrow’s $25 billion. Closed-end funds are flexible investment products that are designed to leaders. Their investment helps these companies to advance respond to modern investor needs, from yield enhancement and capital protection their activities in research and development, innovation to risk reduction. and exploration as they grow from their initial stages to commercialization, production and expansion. TSX and TSXV are the world’s premier public equities markets for natural resources 4 5 companies from across the globe. CANADA’S PUBLIC EQUITIES MARKETS. YOUR OPPORTUNITY. TSX and TSXV provide a unique environment that supports the needs of public companies through their development. And as companies on TSXV grow, some may be eligible to graduate to TSX, the “senior” market, thereby enabling investors to seamlessly participate in their development over the full span of their lifecycle. In fact, since January 2000, more than 600 companies have graduated from TSXV to TSX. The graduates have raised $85 billion in equity capital on TSX since then. There are 316 graduates currently listed on TSX, representing a market capitalization of more than $160 billion, and 15% of these companies are currently in the S&P/TSX* Composite 605 Index, with three in the S&P/TSX* 60 Index. COMPANIES HAVE GRADUATED While the performance of a listed company depends on many factors, FROM TSXV TO TSX investors can take comfort in knowing that these companies have SINCE JANUARY 2000 met the initial and ongoing requirements to qualify for listing on TSX and TSXV. Before they can offer shares to the public on either Exchange, companies have to meet specific financial criteria, and demonstrate that their management team has adequate experience and expertise to successfully manage a listed company. Nevertheless, investors should always seek guidance from investment professionals before making investment decisions. Past performance is not indicative of future performance, and investing in securities is not without risk. Investors across Canada, from coast to coast, can participate in the growth of emerging companies in their early stages of development on TSXV, as well as established large-cap businesses on TSX. 6 * “S&P” is the trade-mark of Standard & Poor’s Financial Services LLC, and “TSX” is the trade-mark of TSX Inc. CANADA’S PUBLIC EQUITIES MARKETS. YOUR OPPORTUNITY. 7 SECTOR OVERVIEW DISCOVER SOME OF THE COMPANIES IN THIS SECTOR • 337 oil and gas Blackbird Energy Inc. (TSXV:BBI) operates in the western Canadian Oil and gas: World-class competitors companies - accounting basin, one of the largest shale basins in the world, with operations for 30% of the world’s in Alberta’s Montney natural gas resource, about 200 km north of public oil and gas Grand Prairie. companies - are listed --> Calgary, AB on TSX and TSXV With more than 175 billion barrels of oil, Canada ranks third in the world in proven Keyera Corp. (TSX:KEY) provides products and services to oil • Oil and gas companies and gas producers in Western Canada, including gathering and crude oil reserves – one of the largest of its kind accessible on public markets. raised $11 billion in processing NGLs, fractionation, storage, transportation, logistics Canada is also a top five global producer of natural gas. equity capital on TSX and marketing services. As an independent midstream business, and TSXV in 2014, more the company focuses on providing essential services to producers For investors interested in the oil and gas sector, TSX and TSXV provide an important and delivering NGLs and related products to key markets across than double the equity North America. and liquid market for trading shares in public energy companies. The Exchanges capital raised during --> Calgary, AB currently rank third in the world in terms of liquidity in the sector, with an average of 2013 ($5.2 billion) $1 billion in shares traded every day. These shares are issued by oil and gas companies at various development stages and with operations not only in Canada, • TSX and TSXV rank #2 Mapan Energy Ltd. (TSXV:MPG) is a new oil and gas company incorporated in early 2014. The company aims to build a low-cost but throughout the world. in the world for equity exploration and production company with emphasis on natural gas capital raised in this properties in the western Canadian basin and has two operations in 335+ Investors in Canada can choose from more than 335 oil and gas sector in 2014 Alberta and British Columbia. OIL AND GAS companies listed on TSX and TSXV. Of that total, almost 230 exploration --> Calgary, AB COMPANIES ARE and production stage oil and gas companies are listed on TSXV. As these companies develop and mature, they have the potential to graduate Painted Pony Petroleum Ltd.* (TSX:PPY) is a recent graduate LISTED ON TSX of TSXV. The company focuses on natural gas and natural gas AND TSXV to TSX. Yangarra Resources Ltd. (TSX:YGR), Africa Oil Corp. (TSX:AOI) and Mart Resources Inc. (TSX:MMT) are a few examples of companies liquids (NGLs) from the Montney formation in northeast British Columbia, where it has a 72% working interest in more than that graduated to TSX in 2014. In fact, more than 30% of oil and gas 100,000 acres around Blair, Cameron and other towns. It also has companies on TSX are graduates of TSXV, while four of the eight oil and gas companies a 75% interest in more than 77,000 acres of property around Midale, newly listed on TSX in 2014 graduated from TSXV.
Load more

Recommended publications
  • Annual Report 2019 Performance Through
    PERFORMANCE THROUGH INTEGRATION CANADA SELF STORAGE CENTRES ANNUAL REPORT 2019 STORAGEVAULT WAS RECOGNIZED AS A TSX VENTURE 50™ COMPANY IN 2020 FOR THE 3RD TIME 2 CANADA SELF STORAGE CENTRES Annual Report 2019 TABLE OF CONTENTS Highlights 5 Letter to Our Shareholders 6 Our National Footprint 8 Our Board Members 10 Financial Statements 11 Management Discussion and Analysis 47 CORPORATE INFORMATION Phone: 1.877.622.0205 Web: storagevaultcanada.com Email: [email protected] Address: 100 Canadian Road Toronto, ON M1R 4Z5 3 Annual Report 2019 CANADA SELF STORAGE CENTRES SVI‘S MANAGEMENT TEAM IS KNOWN FOR ITS EXECUTION AND DISCIPLINE RESULTING IN PERFORMANCE 4 CANADA SELF STORAGE CENTRES Annual Report 2019 HIGHLIGHTS New Management 10 STORES 29 STORES 49 STORES 90 STORES 105 STORES 151 STORES Q4/2014 Q4/2015 Q4/2016 Q4/2017 Q4/2018 Q4/2019 REVENUE NOI AFFO 40% 37% 19% NOI AND AFFO LET’S TALK GROWTH: NOI AFFO 90 MM 40 MM 80 MM 35 MM 70 MM 30 MM 60 MM 25 MM 50 MM 20 MM 40 MM 15 MM 30 MM 10 MM 20 MM 10 MM 5 MM $ 0 $ 0 2014 2015 2016 2017 2018 2019 2014 2015 2016 2017 2018 2019 Annual Report 2019 5 CANADA SELF STORAGE CENTRES LETTER TO OUR SHAREHOLDERS Dear Fellow Shareholders, StorageVault continued its strong performance in 2019 with portfolio and operating platform in Canada. Combine this with over $373 million in acquisitions and over 7% same store our disciplined operating team, and the result is a tremendous revenue and NOI growth. competitive advantage that we will continue to leverage.
    [Show full text]
  • A Message from Your Relationship Manager
    FEBRUARY 12, 2014 Leading the World in Mining Financing In a year of challenging conditions for the mining sector, it was reassuring to see that there was still a significant amount of financing activity – deals large and small – in 2013. On Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), almost $7 billion in equity capital was raised last year; substantially more than any other public equities markets worldwide. Ranked first in the world in 2013 by the total number of listed mining companies and the number of new listings*, the Exchanges provide global mining companies with enhanced visibility and reach in a competitive global environment. More than 500 global analysts cover TSX- and TSXV-listed mining companies and it is estimated that over 40% of all trading on the Exchanges originates outside of Canada. There is no question that some companies continue to grapple with market factors that make it difficult to access capital to operate and expand their businesses, and it can be especially difficult for companies at earlier stages of growth. The Exchanges are sensitive to these conditions and are responding with measures and advocacy work that could make it easier for mining companies to raise capital. Click here to learn more about the steps TSXV is taking to help earlier-stage mining companies raise capital on several fronts, including amendments to minimum pricing rules and capital structure requirements. TSX and TSXV are also supportive of proposed prospectus exemptions and other measures which are meant to help support Canada’s equities markets and benefit listed companies and their investors.
    [Show full text]
  • Canadian National Railway Company 2012 Annual
    CANADIAN NATIONAL RAILWAY COMPANY 2012 ANNUAL INFORMATION FORM February 1, 2013 TABLE OF CONTENTS Annual Management's Information Discussion & Form Analysis (as filed on February 1, 2013) Incorporated by Reference Item 1 General Information 3 Item 2 Incorporation 4 2.1 Incorporation of the Issuer 4 2.2 Subsidiaries 4 Item 3 General Development of the Business 5 3.1 General Development of the Business During the Last Three Years 5 3.2 Anticipated Developments 13 46-49 Item 4 Description of the Business 13 4.1 Overview 13 4.2 Commodity Groups 13 52-56 4.3 Competitive Conditions 14 87 4.4 Labor 14 88-89 4.5 Social Policies 14 4.6 Regulation 14 89-92 4.7 Environmental Matters 16 79-80, 87-88 4.8 Legal Matters 18 76-78 4.9 Risk Factors 18 87-95 Item 5 Dividends 19 Item 6 Description of Capital Structure 19 6.1 General Description of Capital Structure 19 6.2 Share Ownership Constraints 19 6.3 Ratings of Debt Securities 20 Item 7 Transfer Agent and Registrar 21 Item 8 Market for Securities 21 8.1 Trading Price and Volume 21 8.2 Prior Sales 22 Item 9 Escrowed Securities 22 Item 10 Directors and Executive Officers 22 10.1 Directors 22 10.2 Audit Committee Disclosure 25 10.3 Executive Officers 27 10.4 Cease Trade Orders, Bankruptcies, Penalties or Sanctions 29 Item 11 Interest of Experts 29 Item 12 Additional Information 30 Schedule A Charter of the Audit Committee 31 AAAA 2012 Annual Information Form Item 1 GENERAL INFORMATION Except as otherwise indicated in this Annual Information Form (“AIF”), the information contained herein is given as of December 31, 2012.
    [Show full text]
  • Join Us at an Upcoming Event!
    ISSUE 52 July 5, 2016 JOIN US AT AN UPCOMING EVENT! TSX TRUST—REBRANDING OUR CORPORATE TRUST, SECURITIES TRANSFER BUSINESS TMX Equity Transfer Services has changed its name to TSX Trust in a move that better reflects our corporate trust and securities transfer services for public and private companies. There has been no change in the overall organizational structure, and we continue to provide the same full suite of services with reliability and efficiency. For more information, please click here. INTRODUCING TSXV LIQUIDITYPRO™ TSX Venture Exchange will launch a new service in September aimed at helping venture companies enhance liquidity. The TSXV LiquidityPro™ program is optional and introduces issuer-sponsored market making services to TSXV companies under the oversight and governance of TSXV. Market making offers several benefits to growing companies during their formative years. Having a committed market maker can promote market stability when there are gaps in natural liquidity, help to mitigate price volatility, and enhance the trading experience for investors. In fact, based on recent analysis by TSXV conducted between January 1, 2014 and August 2015, companies that engaged professional market maker services experienced a $0.02 decline in their average spread, an 18% increase in the number of days when a trade occurred, and a 6% decline in price volatility measured by the closing price against the 10-day moving average price. Through the program, TSXV companies can select from a pool of pre-qualified TSXV LiquidityPro™ Providers (LPPs), each of which submits a bid across a standardized set of market making metrics along with their related monthly fee.
    [Show full text]
  • Présentation Powerpoint
    A Capital Opportunity A Global Market for Companies Disclaimer This document is for information purposes only. While the information herein is collected and compiled with care, neither TMX Group Limited nor any of its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You agree not to rely on the information contained herein for any trading, legal, accounting, tax, investment, business, financial or other purpose. This information is provided with the express condition, to which by making use thereof you expressly consent, that no liability shall be incurred by TMX Group Limited and/or any of its affiliates as a result of any errors or omissions herein or any use or reliance upon this information. 2 © 2015 TSX Inc. All rights reserved. Do not sell or modify without the prior written consent of TSX Inc. Canada and TSX: Strong Fundamentals Economically stable • Canada is the fourth largest equity market by float capitalization in the MSCI World Index • World’s soundest banking system • Lowest debt-to-GDP among G7 • Strong equity culture • ~$2.5 trillion in market cap • $263 billion in equity capital raised in last 5 years A dynamic marketplace • Robust marketplace • Access to capital • History of innovation • Committed to growth 3 Canadian Markets… Global Leaders 1st 1st 1st In Listed Mining In Listed Oil and Gas In Listed Clean Technology Companies Worldwide Companies Worldwide Companies Worldwide 1st 1st 4th In Global Mining and Global Gold In Exchange-Traded Funds (ETFs) In the World by Number S&P/TSX Indices Originator of the World’s First ETF of New Listings 2nd 6th 8th In the World by Number In Equity Financing In Market Capitalization of Listed Companies 4 Source: World Federation of Exchanges, December 2014, TSX and TSXV Market Intelligence Group.
    [Show full text]
  • The Buy Side Report
    Q1 2019 The Buy Side Report Welcome to “The Buy Side Report,” a quarterly information feature about Canada’s leading equities markets, Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). This quarterly publication presents detailed market data about sector index performance, share price and trading information, insight into foreign investment in Canadian equities, as well as an up-to-date economics viewpoint provided by an external contributor. Toronto Stock Exchange and TSX Venture Exchange offer a diverse and vibrant stock list of investment opportunities, and stand firmly among the world’s leading fully-integrated capital markets. The Exchanges are home to a wide range of companies that give global investors a unique opportunity to invest in Canada across a broad spectrum of industry sectors, including natural resources markets around the world. In Canadian equities markets, investors can choose from 3,200 companies with a total market capitalization over $3 trillion, ranging from growing businesses on TSX Venture Exchange to established large cap multinationals on Toronto Stock Exchange. Sector Index Price Performance (% Change) Performance As at March 31, 2019 Index Weight 1 month 3 month 6 month 12 month Consumer Discretionary 5.5% -1.4% 9.3% -4.2% -7.0% Consumer Staples 3.8% 2.4% 9.1% 15.0% 16.1% Energy 18.7% -2.6% 11.3% -20.6% -13.5% Financials 35.7% -1.4% 9.4% -3.9% -0.0% Health Care 1.3% 2.1% 49.6% -2.9% 49.9% Industrials 10.2% 2.9% 14.3% -2.1% 11.2% Information Technology 3.2% 4.9% 25.2% 12.4% 27.7% Materials 10.3% 2.2% 8.2% 8.7% 1.4% Telecom Services 4.7% 1.4% 8.7% 9.7% 15.2% Utilities 3.9% 4.3% 14.7% 11.8% 8.3% Top 3 Performing Indices Bottom 3 Performing Indices S&P/TSX Capped Health Care 49.6% S&P/TSX Capped Materials 8.2% S&P/TSX Capped Information Technology 25.2% S&P/TSX Capped Telecom Services 8.7% S&P/TSX Capped Utilities 14.7% S&P/TSX Capped Consumer Staples 9.1% For a full list of Toronto Stock Exchange and TSX Venture Exchange Issuers please visit www.tmx.com/mig Source: S&P Capital IQ.
    [Show full text]
  • November 13–15 Novembre Program Programme
    November 13–15 novembre Pre-Conference Day November 12th Journée préconférence le 12 novembre Québec City Convention Centre Centre des congrès de Québec Photo courtesy of Québec Region - Photographer, Yves Tessier / Tessier Yves Photo courtesy of Québec Region - Photographer, Photos gracieusetées Région Québec - Photographe, Yves Tessier Yves Photos gracieusetées Région Québec - Photographe, Program Programme fmf.cfpc.ca • fmf.cfpc.ca • fmf.cfpc.ca We’ve Got Something to Celebrate! Nous avons de quoi célébrer ! The CFPC invites you to join us in celebrating 60 years of the College and 20 years of the Research and Education Foundation (REF). These milestones allow us to reflect back on our humble beginnings and all that we have accomplished over the years for family medicine in Canada. My CFPC/My REF Photo Project: Participate at the photo booth at FMF and see a collection of images and messages from your colleagues. FMF Celebration: This year’s event will be a special opportunity to celebrate our rich history and family medicine contributions to society. From entertainment, food, and drinks to history tidbits and trivia, please plan to join the party on Saturday, November 15th, immediately following Convocation! Le CMFC vous invite à venir célébrer les 60 ans du Collège et les 20 ans de la Fondation pour la recherche et l’éducation (FRÉ). Ces jalons nous permettent de retourner à nos débuts et de faire le point sur nos réalisations au profit de la médecine familiale au Canada au fil des années. Projet de photos Mon Collège / Ma Fondation : Participez à partir du kiosque à photos au FMF et voyez la collection d’images et de messages que nous avons reçus de vos collègues ! Célébration du FMF : Cette année, nous mettrons en valeur notre riche histoire et les contributions de la médecine familiale à notre société.
    [Show full text]
  • OSC Bulletin
    The Ontario Securities Commission OSC Bulletin September 23, 2011 Volume 34, Issue 38 (2011), 34 OSCB The Ontario Securities Commission administers the Securities Act of Ontario (R.S.O. 1990, c. S.5) and the Commodity Futures Act of Ontario (R.S.O. 1990, c. C.20) The Ontario Securities Commission Published under the authority of the Commission by: Cadillac Fairview Tower Carswell, a Thomson Reuters business Suite 1903, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4 416-593-8314 or Toll Free 1-877-785-1555 416-609-3800 or 1-800-387-5164 Contact Centre - Inquiries, Complaints: Fax: 416-593-8122 Market Regulation Branch: Fax: 416-595-8940 Compliance and Registrant Regulation Branch - Compliance: Fax: 416-593-8240 - Registrant Regulation: Fax: 416-593-8283 Corporate Finance Branch - Team 1: Fax: 416-593-8244 - Team 2: Fax: 416-593-3683 - Team 3: Fax: 416-593-8252 - Insider Reporting: Fax: 416-593-3666 - Mergers and Acquisitions: Fax: 416-593-8177 Enforcement Branch: Fax: 416-593-8321 Executive Offices: Fax: 416-593-8241 General Counsel’s Office: Fax: 416-593-3681 Investment Funds Branch: Fax: 416-593-3699 Office of the Secretary: Fax: 416-593-2318 The OSC Bulletin is published weekly by Carswell, a Thomson Reuters business, under the authority of the Ontario Securities Commission. Subscriptions are available from Carswell at the price of $649 per year. Subscription prices include first class postage to Canadian addresses. Outside Canada, these airmail postage charges apply on a current subscription: U.S.
    [Show full text]
  • ROYAL BANK of CANADA (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 40-F [Check one] REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 OR ⌧ ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2009 Commission File Number 001-13928 ROYAL BANK OF CANADA (Exact name of Registrant as specified in its charter) Canada 6029 Not Applicable (Province or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer Identification No. incorporation or organization) Classification Code Number (if (if applicable)) applicable)) 200 Bay Street Royal Bank Plaza Toronto, Ontario Canada M5J 2J5 Attention: Carol J. McNamara Vice-President & Secretary (416) 974-5151 (Address and telephone number of registrant’s principal executive offices) Royal Bank of Canada One Liberty Plaza New York, New York 10006-1404 Attention: LaBrena Jones Martin Deputy General Counsel USA (212) 858-7110 (Name, address (including zip code) and telephone number (including area code) of agent for service in the United States) copies of all correspondence should be sent to: Karen E. McCarthy Donald R. Crawshaw Assistant General Counsel Sullivan & Cromwell LLP Royal Bank of Canada 125 Broad Street 200 Bay Street New York, New York 10004-2498 Toronto, Ontario Tel: (212) 558-4000 Canada M5J 2J5 Tel: (416) 974-5151 Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of each class Name of each exchange on which registered Common Shares New York Stock Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act.
    [Show full text]
  • TMX Group Inc. Obtains Court Approval for Arrangement
    TMX Group Inc. Obtains Court Approval for Arrangement September 13, 2012 (TORONTO) – TMX Group Inc. today announced that it has obtained a final order from the Ontario Superior Court of Justice approving the previously announced arrangement (the “Arrangement”) under the Business Corporations Act (Ontario) involving TMX Group Inc. and TMX Group Limited (formerly Maple Group Acquisition Corporation). Under the Arrangement, TMX Group Limited will acquire all of the outstanding common shares of TMX Group Inc. (other than common shares held by TMX Group Limited) in exchange for common shares of TMX Group Limited on a one-for-one basis. It is expected that the Arrangement will close on or about September 14, 2012, following the satisfaction of customary conditions. Following completion of the Arrangement, it is anticipated that the TMX Group Limited shares will be listed on the Toronto Stock Exchange, the TMX Group Inc. shares will be delisted from Toronto Stock Exchange and TMX Group Inc. will cease to be a reporting issuer. Caution Regarding Forward-Looking Information This press release contains "forward looking information" (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections as of the date of this press release. Examples of forward-looking information can be identified by the use of forward-looking words such as "plans", "expects", and "expected". Forward looking information, by its nature, requires us to make assumptions and is subject to significant risks and uncertainties which may give rise to the possibility that our expectations or conclusions will not prove to be accurate and that our assumptions may not be correct.
    [Show full text]
  • No Securities Regulatory Authority Has Expressed an Opinion About These Securities and It Is an Offence to Claim Otherwise
    No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise. This prospectus constitutes a public offering of these securities only in those jurisdictions where they may be lawfully offered for sale and only by persons permitted to sell these securities. PROSPECTUS Initial Public Offering and Continuous Offering July 8, 2021 Hamilton Enhanced Canadian Bank ETF Offering Class E Units (formerly Hamilton Canadian Bank 1.25x Leverage ETF) (“HCAL”) Hamilton Enhanced Multi-Sector Covered Call ETF Offering Class E Units (“HDIV”) Hamilton U.S. Financials Dividend Index ETF Offering CDN$ Hedged Units and (“HUS”) US$ Unhedged Units This prospectus qualifies the distribution of Class E Units of HCAL and HDIV. This prospectus also qualifies the distribution of CDN$ Hedged Units and US$ Unhedged Units of HUS. CDN$ Hedged Units and the Class E Units, are together referred to herein as “CAD Units”. The US$ Unhedged Units and CAD Units are together referred to herein as “Units”. HCAL, HDIV and HUS are collectively referred to herein as the “ETFs” and each an “ETF”. The Manager (as defined below) may offer other exchange traded funds under separate prospectuses. The ETFs are exchange-traded mutual funds established under the laws of Ontario. HCAL and HDIV (together, the “Alternative ETFs”) are also alternative mutual funds under applicable securities legislation. There is no minimum number of Units of an ETF that may be issued. Each Unit of an ETF represents an equal, undivided interest in the portion of that ETF’s assets. The Units of each ETF will be offered for sale at a price equal to the net asset value of such Units next determined following the receipt of a subscription order.
    [Show full text]
  • Tmx Group History at a Glance
    TMX GROUP HISTORY AT A GLANCE The following is a timeline of significant events in the organization’s history. 1852 A group of Toronto businessmen met on October 24, 1852 with the intention of forming an "Association of Brokers". The association created that day established the framework for Toronto Stock Exchange. Although they may have traded in shares that were available at that time, no official records remain of the groups' transactions. 1861 A resolution was passed by the association to formally create Toronto Stock Exchange. In its early years, Toronto Stock Exchange trading volume was very modest, amounting to two or three transactions daily. Trading hours were limited to daily half-hour sessions and the trading list consisted of 18 securities. The cost of membership was $5.00. 1871 Toronto Stock Exchange had 14 member firms -- each paid $250 to purchase a seat. 1878 Toronto Stock Exchange became formally incorporated by an Act of the Ontario Legislature. Toronto Stock Exchange moved into its first permanent headquarters at 24 King Street East in Toronto. 1901 The price of a Toronto Stock Exchange seat or membership rose to $12,000. Trading volume approached 1 million shares per year and 100 companies were listed. The Exchange moved to 20 King Street East and continuous auction trading was introduced. 1913 -Page 1- The Exchange built and moved into its own building on Bay Street. Technological advances lead to the introduction of the first print-out-ticker which carried a series of trading prices as well as bid and ask offering quotations. 1914 The fear of financial panic when World War 1 was declared prompted Toronto Stock Exchange to cease operations for three months, beginning July 28, 1914.
    [Show full text]