The Mig Report October 2014
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The MiG Report October 2014 Going Public* Count: 204 (TSXV:100 TSX:104) BY THE NUMBERS (*Includes New Listings, IPOs, CPC IPOs, QTs, RTOs, Graduates and Other) $51.8 billion Equity Capital Raised 116 Companies+16 CPCs+56 ETFs+16 Structured Products listed on TSX Venture Exchange (100) and TSX (104) YTD October 2014 on TSXV and TSX YTD October 2014 11 New International Listings YTD October 2014 $3.3 million TSXV: Average financing size on TSXV Australia: West African Resources Limited, Mining, Australia USA: OneRoof Energy Group, Inc., Clean Technology & Renewable Energy, San Diego, CA $85.4 million UGE International Ltd., Clean Technology & Renewable Energy, New York, NY Average financing size on TSX Graphene 3D Lab Inc., Technology, Calverton, NY Asia: New Era Minerals Inc., Mining, Hong Kong Other: Petro‐Victory Energy Corp., OIl & Gas, British Virgin Islands TSX: Africa: Atlatsa Resources Corporation, Mining, South Africa Australia: Champion Iron Limited, Mining, Australia Heron Resources Limited, Mining, Australia UK/Europe: Endo International plc, Life Sciences, Ireland Check out our Daily Trading Reports USA: Northern Power Systems Corp., Clean Technology & Renewable Energy, Barre, VT http://www.tmx.com/en/trading/reports/ Each morning, a daily report is available that summarizes Equity Capital Raised by Sector the previous day’s trading activity on TSXV and TSX. TSX | TSXV Financial Services, $10.8B YTD October 2014 Oil & Gas, $9.4B Check out our Listing Statistics Website http://www.tmx.com/mig Utilities & Pipelines, $7.9B Mining, $7.8B Follow us on Twitter: Diversified Industries, $5.1B http://twitter.com/tmxgroup ETFs & Structured Products, $2.8B Register here to receive the monthly MiG Report in your inbox Technology, $2.7B http://tmx.com/en/mig/register.html Real Estate, $2.6B The document and the information contained therein are provided “as is” for information purposes only and are not intended to Clean Technology & Renewable Energy, $1.7B provide investment, financial or other advice, and should not be relied on for any trading, business, financial or other purposes. The information provided is not an invitation to purchase securities listed ono Toront Stock Exchange and/or TSX Venture Exchange. TMX Life Sciences, $912M Group Limited and its affiliated companies (collectively, “TMX”) do not endorse or recommend any securities referenced in this document. Neither TMX Group Limited, nor any of its affiliated companies or entities, guarantees the completeness of the information contained in this document and ewe ar not responsible for any errors or omissions in, or your use of, or reliance on, the information. Contact: © 2014 TSX Inc. All rights reserved. Do not sell, reproduce or modify this document without TSX Inc.’s prior written consent. TMX Gina Pappano, Head, Market Intelligence / 416‐947‐4272 / [email protected] Group, Toronto Stock Exchange, TSX Venture Exchange, TMX, TSX, TSXV and their respective designs are trademarks of TSX Inc. Cheryl Mascarenhas, Lead Analyst / 416‐947‐4774 / [email protected] What's Going on Generally YTD/as at October 31, 2014 TSX Venture TSXV Toronto TSX TSXV and TSXV and TSX YTD/as at October 31, 2014 % Change % Change % Change Exchange Last Year Stock Exchange Last Year TSX Last Year Number of Issuers 1,987 2,155 ‐8% 1,518 1,554 ‐2% 3,505 3,709 ‐6% QMV (C$ Billions) 28.9 33.3 ‐13% 2,495.8 2,266.9 10% 2,524.7 2,300.2 10% Going Public Activity/New Listings 100 126 ‐21% 104 96 8% 204 222 ‐8% IPOs (ex CPCs/ETFs/SPs) 6 11 ‐45% 7 16 ‐56% 13 27 ‐52% CPC IPOs 16 34 ‐53% 16 34 ‐53% ETF & SP IPOs 71 56 27% 71 56 27% Qualifying Transactions (QTs) 36 51 ‐29% 36 51 ‐29% TSXV RTOs 16 11 45% 16 11 45% NEX RTOs 1 2 ‐50% 1 2 Grads 18 17 6% 18 17 6% Other 25 17 47% 8 7 14% 33 24 38% Equity Capital Raised (C$ Millions) 4,339.3 3,160.9 37% 47,420.1 30,652.3 55% 51,759.4 33,813.3 53% Initial Public Offerings 71.3 82.7 ‐14% 4,312.8 4,960.9 ‐13% 4,384.0 5,043.6 ‐13% Public Offerings/Supplementary 1,293.7 690.3 87% 38,330.9 22,792.3 68% 39,624.7 23,482.6 69% Private Placements 2,974.3 2,388.0 25% 4,776.4 2,899.1 65% 7,750.7 5,287.1 47% Number of Financings 1,332 1,300 2% 555 468 19% 1,887 1,768 7% Volume Traded (Billions of Shares) 32.8 30.0 9% 65.0 65.6 ‐1% 97.8 95.6 2% Value Traded (C$ Billions) 13.3 11.2 19% 1,011 .1 969.2 4% 1,024 .4 980.4 4% # of Trades (Millions) 5.1 4.6 11% 155.8 141.7 10% 160.9 146.2 10% S&P/TSX/TSXV Composite Indices 769.6 958.9 ‐20% 14,613.3 13,361.3 9% Comparison of Major Index Performance ‐‐ YTD October 31, 2014 (Source: Capital IQ) The MiG Report © 2014 TSX Inc. All Rights Reserved. Do not copy, distribute, sell or modify this document without TSX Inc.'s prior written consent. What's Listed on TSX and TSX Venture Exchange as at October 31, 2014 TSX Venture Exchange Toronto Stock Exchange TSXV and TSX Listed Issuers Total Market Cap Listed Issuers Total Market Cap Listed Issuers Total Market Cap Sector ($ Millions) ($ Millions) ($ Millions) Clean Technology & Renewable Energy 77 4% 1,019 4% 45 3% 25,717 1% 122 3% 26,736 1% Comm. & Media 17 1% 1,079 4% 32 2% 165,149 7% 49 1% 166,228 7% CPC 64 3% 46 0.2% 64 2% 46 0% Diversified Industries 115 6% 2,114 7% 202 13% 476,192 19% 317 9% 478,306 19% ETFs 335 22% 80,740 3% 335 10% 80,740 3% Financial Services 45 2% 3,253 11% 79 5% 713,370 29% 124 4% 716,623 28% Forest Products & Paper 3 0.2% 42 0.1% 17 1% 23,695 1% 20 1% 23,737 1% Life Sciences 73 4% 1,445 5% 42 3% 69,008 3% 115 3% 70,453 3% Mining 1,207 61% 9,800 34% 294 19% 211,864 8% 1,501 43% 221,664 9% Oil & Gas 233 12% 6,804 24% 108 7% 361,667 14% 341 10% 368,471 15% Real Estate 39 2% 922 3% 70 5% 87,411 4% 109 3% 88,333 3% Structured Products 211 14% 25,900 1% 211 6% 25,900 1% Technology 111 6% 2,233 8% 60 4% 73,798 3% 171 5% 76,032 3% Utilities & Pipelines 3 0.2% 106 0.4% 23 2% 181,325 7% 26 1% 181,431 7% TOTAL 1,987 100% 28,864 100% 1,518 100% 2,495,837 100% 3,505 100% 2,524,701 100% Region British Columbia 1,018 51% 8,955 31% 173 11% 150,687 6% 1,191 34% 159,642 6% Alberta 265 13% 8,045 28% 196 13% 652,058 26% 461 13% 660,102 26% Prairies 28 1% 417 1% 27 2% 98,205 4% 55 2% 98,622 4% Ontario 389 20% 7,258 25% 856 56% 1,038,195 42% 1,245 36% 1,045,453 41% Quebec 129 6% 1,316 5% 104 7% 376,509 15% 233 7% 377,824 15% Atlantic Canada 23 1% 239 1% 25 2% 38,232 2% 48 1% 38,471 2% International 135 7% 2,634 9% 137 9% 141,951 6% 272 8% 144,585 6% International Breakdown: USA 76 56% 1,512 57% 64 47% 91,551 64% 140 51% 93,063 64% Australia/NZ/PNG 10 7% 116 4% 19 14% 2,062 1% 29 11% 2,178 2% Asia 27 20% 211 8% 10 7% 2,950 2% 37 14% 3,161 2% UK/Europe 8 6% 243 9% 18 13% 20,411 14% 26 10% 20,654 14% Africa 1 1% 110 4% 6 4% 1,988 1% 7 3% 2,098 1% Latin America 9 7% 175 7% 11 8% 6,636 5% 20 7% 6,811 5% Other 4 3% 265 10% 9 7% 16,353 12% 13 5% 16,619 11% TOTAL 1,987 100% 28,864 100% 1,518 100% 2,495,837 100% 3,505 100% 2,524,701 100% Volume Traded YTD October 31, 2014 on TSXV by Sector (Billions of Shares) Volume Traded YTD October 31, 2014 on TSX by Sector (Billions of Shares) *Other includes Comm. & Media, Financial Services, Forest Products, Utilities & Pipelines & CPCs. Check out our Daily Trading Reports at http://www.tmx.com/en/trading/reports/ The MiG Report © 2014 TSX Inc. All Rights Reserved. Do not copy, distribute, sell or modify this document without TSX Inc.'s prior written consent. What's New on TSX and TSX Venture Exchange YTD October 31, 2014 TSXV and TSX YTD October‐2014 YTD October‐2013 Sector Canada US Int'l Total Canada US Int'l Total Clean Tech & Renewable Energy 4 4 ‐ 8 2 1 ‐ 3 Comm. & Media ‐ ‐ ‐ ‐ 3 ‐ ‐ 3 CPC 16 ‐ ‐16 33 1 ‐ 34 Diversified Industries 6 ‐ ‐ 6 8 1 ‐ 9 ETFs 56 ‐ ‐56 36 ‐ ‐ 36 Financial Services 6 ‐ ‐ 6 6 ‐ ‐ 6 Forest Products & Paper 1 ‐ ‐ 1 1 ‐ ‐ 1 Life Sciences 16 ‐ 1 17 3 3 ‐ 6 Mining 33 ‐ 5 38 54 3 1 58 Oil & Gas 16 ‐ 1 17 9 ‐ 2 11 Real Estate 8 ‐ ‐ 8 16 3 3 22 Structured Products 16 ‐ ‐16 20 ‐ ‐ 20 Technology 14 1 ‐15 10 3 ‐ 13 Utilities & Pipelines ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Total 192 5 7 204 201 15 6 222 TSX Venture Exchange Going Public Activity IPOs QTs RTOs Other YTD October‐2014 YTD October‐2013 YTD October‐2014 YTD October‐2014 YTD October‐2014 YTD October‐2014 Sector Canada US Int'l Total Canada US Int'l Total Canada US Int'l Total Canada US Int'l Total Canada US Int'l Total Canada US Int'l Total Clean Tech & Renewable Energy 3 3 ‐ 6 ‐ ‐ ‐ ‐ 1 1 2 3 5 ‐ ‐ Comm.