TMX Group total financings increase 19% MoM in August

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

Toronto Stock Exchange welcomed three new issuers in August 2017, compared with nine in the previous month and one in August 2016.

The new listings included one SPAC, one exchange traded fund and one life sciences company. Total financings raised in August 2017 increased 19% from the previous month, but were down 8% compared to August 2016. The total number of financings in August 2017 was 39, compared with 47 the previous month and 43 in August 2016.

TSX Venture Exchange welcomed five new issuers in August 2017, compared with seven the previous month and four in August 2016. The new listings included four capital pool companies and one life sciences company. Total financings raised in August 2017 decreased 46% compared to the previous month, and were down 34% compared to August 2016. There were 139 financings in August 2017, compared with 141 in the previous month and 171 in August 2016.

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