TMX Group (TSX: X) today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for May, 2017.
Toronto Stock Exchange welcomed 15 new issuers in May 2017, compared with 18 in the previous month and six in May 2016. The new listings included six exchange traded funds, two mining companies, one clean technology company, one utilities & pipelines company, one technology company, one financial services company, one life sciences company, one SPAC and one diversified industries company. Total financings raised in May 2017 increased 18% from the previous month, and were up 125% compared to May 2016. The total number of financings in May 2017 was 47, unchanged from the previous month and 73 in May 2016.
TSX Venture Exchange welcomed six new issuers in May 2017, compared with three the previous month and four in May 2016. The new listings included three mining companies and three capital pool companies. Total financings raised in May 2017 decreased 44% compared to the previous month, and were down 32% compared to May 2016. There were 131 financings in May 2017, compared with 146 in the previous month and 175 in May 2016.