TORONTO, ONTARIO--(Marketwired - Aug. 14, 2014) - The Canadian Securities Exchange ("CSE") is pleased to announce that it welcomed eight new companies to the CSE during the month of July. This solid growth comes on the heels of the record thirteen companies that joined the exchange in June. Although the summer months are typically slower for the pace of new listings activity on Canadian exchanges, the fact that we welcomed eight new companies in July, and continue to grow our pending application pipeline, demonstrates the growing trust entrepreneurs and investors place in the CSE" commented CEO Richard Carleton. "Trading volumes during the month remained strong, nearing 250 Million shares traded with a value exceeding $52 Million."
July 2014 Highlights:
The eight new companies listing in the month of July were:
-- Galahad Metals Inc. - RHX
-- Monarch Energy Limited - CHX
-- Eyelogic Systems Inc. - EYE.A
-- Target Capital Inc. - TCI
-- Grenadier Resource Corp. - GAD
-- GTO Resources Inc. - GTR
-- Evolving Gold Corp. - EVG
-- Goldrea Resources Corp. - GOR
"We are happy to welcome another 8 companies to the fold", commented Akthem Sumrain, Managing Director of Listings Development. "We look forward to working with all of these companies to help them achieve their goals."
About the Canadian Securities Exchange:
The Canadian Securities Exchange is the only exchange in Canada providing trading and market information services for all domestically listed instruments. Recognized as an exchange by the Ontario Securities Commission in 2004, the CSE is designed to facilitate the capital formation process for public companies through a streamlined approach to company regulation that emphasizes disclosure and the provision of efficient secondary market trading services for investors. The exchange is home to more than 230 issues covering a broad range of industry sectors.