Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of September 2022.
September 2022 Operating Statistics
- Trading volume of CSE-listed securities totaled 1.2 billion shares;
- Trading value of CSE-listed securities was $522 million;
- CSE issuers completed 58 financings that raised an aggregate $92 million; and
- The CSE welcomed listings from 13 new companies, bringing total listed securities to 811 as at September 30, 2022.
"The CSE continues to generate stellar listings growth," said Richard Carleton, CSE Chief Executive Officer. "Thirteen new companies listed on our exchange in September, representing a three-month high, including four companies that completed initial public offerings. Over the first nine months of 2022, 21 IPOs were completed on the CSE, representing more than half of all Canadian IPOs this year. This activity highlights the strong global reputation of the CSE and the resilience of emerging entrepreneurial companies. We firmly believe that we provide the best public market fit for entrepreneurs seeking to minimize their cost of capital and maximize trading liquidity."
Introduction of CSE2 - A Second Trading Facility
During September 2022, the CSE's proposal to launch an additional trading facility ("CSE2") was approved by the Ontario Securities Commission and British Columbia Securities Commission.
The introduction of CSE2 is a response to the significant increase in retail investor activity in recent years. The new facility is designed to assist investment dealers in managing their trade execution costs, while ensuring that investors in CSE-listed companies continue to have access to the most liquidity on the Exchange.
CSE2 is scheduled to launch on October 24.
What's On at the CSE
Tech Tuesdays webinars have returned. The second half of Season 2 has already featured deep dives into precision medical technology, AgTech and cleantech. Stay tuned for future episodes featuring a mix of public and private companies harnessing disruptive, cutting-edge technology across a wide range of industries. The webinars last for one hour and air on Tuesdays at 4:15 p.m. EST (1:15 p.m. PST). The episodes are also archived on CSE TV, the Exchange's YouTube channel.
CSE team members will be visiting Israel and Australia in the first half of November to connect with existing issuers and to support the Exchange's continued growth. Entrepreneurs in these countries that wish to meet with the CSE team are encouraged to reach out to us via email at email@example.com.
The CSE is pleased to be participating in the 11th annual MJBizCon, the world's largest cannabis conference, taking place in Las Vegas on November 15-18. Conference participants are invited to visit the CSE at Booth #1216. Registration is available here.
New Listings in September 2022
ISM Resources Corp. (ISM)
Troy Minerals Inc. (TROY)
New Break Resources Ltd. (NBRK)
Targa Exploration Corp. (TEX)
RDARS Inc. (RDRS)
Sasquatch Resources Corp. (SASQ)
Scope Carbon Corp. (SCPE)
Pure to Pure Beauty Inc. (PPB)
Big Gold Inc. (BG)
Peak Minerals Ltd. (PEK)
Spirit Blockchain Capital Inc. (SPIR)
Taurus Gold Corp. (TAUR)
Silverfish Resources Inc. (SF)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange's efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.
The CSE offers investors in Canada and abroad access to a multi-sector collection of growth companies through a liquid, reliable and highly regulated trading platform. The Exchange is dedicated to entrepreneurship and has established itself as a leading hub for discourse in the entrepreneurial community.
STAY CONNECTED WITH THE CSE
CSE TV on YouTube: https://www.youtube.com/csetv
Richard Carleton, CEO
 Excluding Capital Pool Companies and Special Purpose Acquisition Companies. Based on data provided by CPE Analytics. CPE's review of the Canadian IPO market is summarized here.
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