TMX Group releases low financing activity in July 2017

TMX Group volumes report

TMX Group (TSX:X) today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for July 2017.

Toronto Stock Exchange welcomed nine new issuers in July 2017, compared with 15 in the previous month and 13 in July 2016. The new listings included four mining companies, two closed-end funds, one life sciences company, one consumer products and services company, and one exchange traded fund.

Total financings raised in July 2017 decreased 26% from the previous month, and were also down 26% compared to July 2016. The total number of financings in July 2017 was 47, compared with 60 the previous month and 66 in July 2016.

TSX Venture Exchange welcomed seven new issuers in July 2017, compared with eight the previous month and nine in July 2016. The new listings included four mining companies, two capital pool companies, and one consumer products and services company. Total financings raised in July 2017 decreased 24% compared to the previous month, and were up 45% compared to July 2016.

There were 141 financings in July 2017, compared with 138 in the previous month and 178 in July 2016.

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