Canadian National Stock Exchange Extends Discount Plan for Eligible Canadian Listed Companies

Canadian National Stock Exchange Extends Discount Plan for Eligible Canadian Listed Companies

ID: 305986

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/15/13 -- CNSX Markets Inc. (operator of the Canadian National Stock Exchange or "CNSX") today announced the extension of its initiative to provide relief from the high costs of maintaining a public listing on Canadian stock exchanges. Companies applying to switch their listing to CNSX through December 6 of this year will receive a 60% discount off of the fees charged to new CNSX applicants. Once listed, these companies will take advantage of the benefits currently enjoyed by CNSX's listed issues:

The fee reduction brings the price of an initial listing on CNSX for qualified companies down to $5,000. Richard Carleton, CEO, stated "The discount plan encouraged a number of companies to apply to switch their listing to CNSX. The news last week of the investment by Dundee Corporation, and the appointment of Mr. Ned Goodman as Deputy Chairman of our Board, has accelerated interest in joining our issuer list. To capitalize on the momentum, and to provide relief for entrepreneurs struggling to make ends meet in these challenging times, we are pleased to extend this helping hand to qualified public companies."

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About CNSX Markets:

CNSX Markets Inc. is a Canadian company established in 2001 that operates the Canadian National Stock Exchange. The company was recognized by the Ontario Securities Commission as a stock exchange in 2004. CNSX provides listing and trading services to a wide range of Canadian and international issuers. Through innovative continuous disclosure features designed to minimize regulatory costs while improving the quality of information available to investors, and extremely competitive fees, CNSX ensures that entrepreneurs are able to devote more time and resources to business growth. The exchange is a fast growing venue for issuers of equity and debt securities from all business sectors - CNSX: The Exchange for Entrepreneurs.







Contacts:
Robert Cook
Senior Vice-President, Market Development
(416) 367-7349


James Black
Director, Business Development
(778) 383-7694

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Bereitgestellt von Benutzer: Marketwired
Datum: 15.10.2013 - 17:53 Uhr
Sprache: Deutsch
News-ID 305986
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TORONTO, ONTARIO



Kategorie:

Investment Services & Trading



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