All posts by CSE Blogger

Strong second quarter for CSE leads to record first half of 2016

CSE is proud to present its most recent quarterly update video and press release below highlighting the record first half of the year at the Canadian Securities Exchange:

Growth in Trading Volume and Financings Highlight Productive Q2

CSE Posts Record Activity in First Half of 2016

The Canadian Securities Exchange (CSE) is pleased to release an update on activity of the second quarter of 2016, resulting in a record first half of 2016 highlighted by record trading volume, changes to listing requirements, and initiatives to help CSE issuers build on recent positive momentum in financing and other aspects of corporate development.

Key Statistics

  • Trading volume in CSE listed securities grew 64% compared to the first half of 2015 to 2.01 billion shares;
  • The CSE finished the first six months of 2016 with 328 listed securities, up 12.3% compared to the same period the previous year;
  • CSE companies conducted 178 financings for total gross proceeds of $123 million, up 28.4% over the first half of 2015;
  • Trading on the CSE in securities listed on other exchanges totaled 1.82 billion shares, an increase of 19.1%.

Growth in trading volume and financing proceeds during the first half of the year reflected both the increased number of securities listed on the CSE and noticeable improvement in Canadian investor sentiment across all sectors. The 2.01 billion shares traded in CSE listed securities in the first six months of 2016 puts the exchange well ahead of its pace of 2015, when a record 2.47 billion shares traded for the full year.

The CSE is proud to highlight a busy first half supporting issuer outreach to the financial community with a variety of activities. These include CSE Days held in major cities where executives enjoy the opportunity to present to audiences of financial industry professionals, retail investors and issuer peers.

The exchange also published new issues of its CSE Quarterly magazine, the most recent leading with a profile of the CSE’s top performing companies as measured by growth in market capitalization (the CSE Quarterly magazine can be viewed at http://blog.thecse.com/2016/06/01/cse-quarterly-issue-9-now-live/).

In addition, the CSE launched a new website in April. The modern format makes it easier for investors to gather information on CSE companies, and for both existing and prospective issuers to access the resources they need to make interaction with the exchange as efficient and cost-effective as possible. The CSE’s new website can be accessed at http://www.thecse.com.

Other achievements in the first half of 2016 included a comprehensive update to initial listing requirements. Proposed changes were published for comment in February and following feedback the modified rules were submitted for regulatory approval. The new requirements will become effective in Q3 upon publication of a notice from the exchange.

In the second half of 2016, the exchange will work to finish a review of continued listing requirements for listed companies. A list of proposed amendments will be published for comment in the near future.

“The CSE team is constantly working on new and dynamic ways to drive our mandate, which is supporting entrepreneurs and lowering the cost of capital for early stage companies,”

said Richard Carleton, CEO of the Canadian Securities Exchange.

“The activities we undertook in the first half of 2016 made our offering as an exchange stronger, as evidenced by growth in both trading volume and financings closed by our issuers. We will continue to support CSE listed companies with a variety of public efforts, and by working with regulatory authorities to improve the operating environment for Canadian financial markets as a whole.”

For the full-length semi-annual interview with CSE CEO Richard Carleton please click here for the transcript.

The CSE Quarterly – Issue 9 is Now Live!

CSE Quarterly Issue 9The CSE Quarterly – Issue 9 is Now Live

The CSE is proud to present the latest edition of the CSE Quarterly.

This edition of the CSE Quarterly contains a special feature on four ‘difference makers’ listed on the CSE.

Specifically, this issue explores the stories behind these popular CSE-listed companies and the entrepreneurs who are helping them grow.

The companies profiled in this issue include:

RESAAS Services Inc. (CSE:RSS)
Lite Access Technologies Inc. (CSE:LTE)
PUDO Inc. (CSE:PDO)
VirtualArmor International Inc. (CSE:VAI)
Urbana Corporation (CSE:URB)
Laguna Blends Inc. (CSE:LAG)
Captiva Verde Industries Ltd. (CSE:VEG)
Supreme Pharmaceuticals Inc. (CSE:SL)
Beleave Inc. (CSE:BE)

In addition, be sure to read the latest message from the Canadian Securities Exchange CEO, Richard Carleton, for updates on the Exchange for Entrepreneurs.

Missed a previous edition of the CSE Quarterly? Click here to access previous issues.

To have The CSE Quarterly delivered directly to your inbox, sign-up below:




Click below to access the full issue:

(Trouble accessing the publication below? CLICK HERE TO ACCESS THE ISSUE)

Thanks again to our advertisers Davidson & Company LLP, Global Uptick Publishing and Synergy Management Consulting.

The CSE Quarterly – Issue 7 is Now Live

The CSE Quarterly - Issue 4, 2015The CSE Quarterly Profiles Notable Listed Companies

The CSE is proud to present the seventh edition of its quarterly publication – the CSE Quarterly – Issue 4 – 2015 is now live! This issue profiles companies operating in a variety of industries including delivery technology, medical devices, non-dairy milk, and more. The companies profiled in this issue are:

PUDO Inc. (CSE:PDO)
H-Source Holdings Ltd. (CSE:HSI)
Global Gardens Group Inc. (CSE:VGM)
Golden Leaf Holdings Ltd. (CSE:GLH)
RIWI Corp. (CSE:RIW)
VirtualArmour International Inc. (CSE:VAI)

To have The CSE Quarterly delivered directly to your inbox, sign-up below:




Click below to access the full issue:

(Trouble accessing the publication below? CLICK HERE TO ACCESS THE ISSUE)

Thanks again to our advertisers Davidson & Company LLP, and Bacchus Law Corporation

The CSE Quarterly – Issue 6 is Now Live

CSE_Q3_COVERThe CSE Quarterly Profiles Notable Listed Companies

The CSE is proud to present the sixth edition of its quarterly publication – the CSE Quarterly – Issue 3 – 2015 is now live! This issue profiles companies operating in a variety of industries including broadband technology, microwave energy, oil spill clean-up, and more. The companies profiled in this issue are:

Lite Access Technologies Inc. (CSE:LTE)
Canadian Metals Inc. (CSE:CME)
Targeted Microwave Solutions Inc. (CSE:TMS)
Robix Alternative Fuel Solutions Inc. (CSE:RZX)
IGEN Networks Corp. (CSE:IGN)
BioNeutra Global Corporation (CSE:BGA)

To have The CSE Quarterly delivered directly to your inbox, sign-up below:




Click below to access the full issue:

(Trouble accessing the publication below? CLICK HERE TO ACCESS THE ISSUE)

Thanks again to our advertisers Davidson & Company LLP, and Bacchus Law Corporation

The CSE Quarterly – Issue 5 is Now Live!

The CSE Quarterly Issue 5The CSE’s Magazine for Feature Companies

The CSE is proud to present the fifth edition of its quarterly publication – the CSE Quarterly – Issue 2 – 2015 is now live! This issue profiles companies operating in a variety of industries including health technology, sensors, big data, and food retail. The companies profiled in this issue include:

Deer Horn Capital Inc. (CSE:DHC)
Eight Solutions Inc. (CSE:ES)
Data Deposit Box Inc. (CSE:DDB)
Auxellence Health Corporation (CSE:AID)
Micromem Technologies Inc. (CSE:MRM)
Dundee Sustainable Technologies Inc. (CSE:DST)

To have The CSE Quarterly delivered directly to your inbox, sign-up below:




Click below to access the full issue:

(Trouble accessing the publication below? CLICK HERE TO ACCESS THE ISSUE)

Thanks again to our advertisers Davidson & Company LLP, and Bacchus Law Corporation.

The CSE – The Exchange for Entrepreneurs (VIDEO)

The Canadian Securities Exchange is one of the fastest growing equities exchanges because of its ability to lower the cost of Canadian public capital for entrepreneurs. 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. The only exchange trading all Canadian listed equity securities, the CSE is home to more than 270 uniquely listed issues covering a broad range of industry sectors.

For more information please visit www.thecse.com and our blog at http://blog.thecse.com/.

Photos from the CEO Cocktail Event in Vancouver

Thank you to everyone who attended yet another CEO Cocktail event at Coast Restaurant in Vancouver on January 28th. The event turned out to be a great success! Thank you to Bacchus Law for lead sponsoring the soiree and organizing all of the food, invites, and drinks. Please see if you made the photo gallery below and we look forward to seeing you at the next event! Photos from the CEO Cocktail Event in Vancouver are below:

Photos from the CSE Pavilion at VRIC 2015

We are happy to share photos from the CSE Pavilion at VRIC 2015 in the gallery below.

Thank you to American Potash Corp. (CSE:AMP), MGX Minerals Inc. (CSE:XMG), Pasinex Resources Limited (CSE:PSE), and Newlox Gold Ventures Corp. (CSE:LUX) for co-hosting the CSE Pavilion at the Vancouver Resource Investment Conference! Also a big thank you to Davidson & Company LLP for co-hosting this year’s Championship Sunday Reception.

Finally, congrats to Cambridge House International for hosting their 20th VRIC – we are looking forward to many more ahead.

Photos from the show below:

CSE Enjoys Record Year in 2014, International Outreach and Trading Initiatives Help Shape Agenda for New Year

The Canadian Securities Exchange (“CSE”) is pleased to announce record results in all key performance categories for the year ended December 31, 2014, reflecting success in achieving the exchange’s goal of reducing the cost of capital for Canadian public companies. For 2015, the CSE expects growth to remain strong as it maintains existing activities and introduces several new initiatives to further strengthen competitiveness.

CSE Enjoys Record Year in 2014 – Key Stats

  • The CSE finished 2014 with a total of 244 listed companies, a 35% increase compared to the previous year;
  • CSE companies conducted 211 financings, raising a total of $155 million, or $76 million more than in 2013;
  • Aggregate trading volume for the year was 2.3 billion shares, up 165%;
  • Aggregate trading value was $498 million, up 315%.

Companies from a wide range of business sectors sought listing status on the CSE in 2014, including pharmaceutical, health care, technology, mining, clean tech, oil and gas and financial services. Approximately half of new listings came in the form of public companies transitioning to the CSE from other exchanges.

The CSE enters 2015 with a strong applications pipeline and a fresh set of objectives to further enhance trading and market access.

Over 100 companies raised capital on the CSE during the year, averaging $1.4 million per issuer. Premier Diagnostic Health Services Inc. (CSE:PDH), Tier One Capital Limited Partnership (CSE:TLP.UN), Pivotal Therapeutics Inc. (CSE:PVO) and Helius Medical Technologies Inc. (CSE:HSM) each raised more than $7 million. Novo Resources Corp. (CSE:NVO) and Supreme Pharmaceuticals Inc. (CSE:SL) were among others that completed significant financings. Supreme was also an exchange volume leader in 2014, alongside other companies in the medical marijuana sector such as Abattis Bioceuticals Corp. (CSE:ATT) and Affinor Growers Inc. (CSE:AFI).

“Technology was a standout on the financing front, with issuers in the sector accounting for around half of all capital raised on the CSE in 2014,” said CSE Chief Executive Officer Richard Carleton. “But fundraising challenges remain and this makes our operating model attractive for companies at the early to mid stages of development. With no immediate relief on the horizon, our low-cost, highly efficient listing model will remain an important incentive for fast growing companies to work with us.”

The CSE enters 2015 with a strong applications pipeline and a fresh set of objectives to further enhance trading and market access. These include a new market making program designed to enhance issuer liquidity; new order routing, compliance and risk management tools to assist dealers; and more resources for the exchange’s marketing team to support existing issuers and attract new ones.

Plans also call for a broader foreign markets strategy, particularly in light of the benefits many issuers realized after the CSE became a designated exchange with the leading operator of over-the-counter markets in the United States early in 2014. Tighter bid/offer spreads and greater trading liquidity resulted for many companies as US investors gained access to CSE stocks through domestic broker platforms newly able to provide quotes denominated in US dollars. The CSE will explore this model with exchanges in the European Union and United Kingdom in the current year.

“We put a lot of effort into raising our profile with key segments of the public finance community in Canada and internationally in 2014,” said Carleton. “Our goal is to build on those achievements throughout the current year, ensuring easier market access to enhance liquidity, reaching out to institutional investors to explain the merits of the CSE and show them examples of highly successful companies on our exchange, and continuing to address the micro and macro needs of our growing issuer base.”

Eurotour 2014 – Photos from CSE’s European Investment Roadshow

Way back in November 2014 the Canadian Securities Exchange (CSE), along with Zimtu Capital and several CSE-listed companies embarked on a 7-day, 4-city investment roadshow spanning two countries, 900+ kms and copious amounts of schnitzel. “Eurotour 2014” (as it was dubbed) was a collaboration between the CSE and Zimtu for the first time.

By all accounts (some better recollected than others) the trip was a great success. New contacts were made, business opportunities furthered, and the CSE opened new doors for the exchange abroad. Most importantly (thanks to Zimtu) much of this work was documented in photos that we have shared and linked below:


Much credit goes to Zimtu Capital Corp. who organized and documented the investment roadshow in a series of photos posted to their Flickr page, you can see them all in the following links, organized by city:

Eurotour 2014 Investment Roadshow Pictures

The CSE looks forward to it’s next investment roadshow abroad and thanks our hosts for their wonderful hospitality during Eurotour 2014!

CSE & Zimtu 2014 European Investment Roadshow