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ORIGINAL: CSE's Q1 2019 trading volume at 6.7 billion shares

2019-04-23 15:59 ET - News Release

Subject: CSE Reports Record Issuer Total, Market Capitalization as Growth Continues in First Quarter of 2019

PLAIN TEXT:

<html><head><title>CSE Reports Record Issuer Total, Market Capitalization as Growth Continues in First Quarter of 2019
---></title></head><body><div style="font-family:Georgia,Helvetica;font-size:15px;font-weight:400;text-align:center;margin
--->-top:10px;margin-bottom:10px;"><a href="https://www.newsfilecorp.com/release/44243/">View this story in your browser</
--->a></div><p><a href="https://www.newsfilecorp.com/company/5318/"><img src="https://www.newsfilecorp.com/images/newswire
--->/customer-logos/5318.png" style="max-width: 180px; height: auto;" border="0" alt="Canadian Securities Exchange (CSE)" 
--->/></a></p><h2 style="font-family:Arial,Helvetica;font-weight:bold;font-size:30px;color:#0C2081;">CSE Reports Record Is
--->suer Total, Market Capitalization as Growth Continues in First Quarter of 2019</h2><hr noshade style="color:#0C2081;ba
--->ckground-color:#0C2081;height:5px;" /><div style="font-family:Georgia,Helvetica;font-size:15px;font-weight:400;"><h3 s
--->tyle="font-family:Arial,Helvetica;font-weight:400;font-size:22px;color:#0C2081;"></h3><p>Toronto, Ontario--(Newsfile C
--->orp. - April 23, 2019) - The Canadian Securities Exchange (CSE) today announced performance highlights from the first 
--->quarter of 2019, including new records for aggregate CSE issuer market capitalization and the value of financings in a
---> 12-month period. The exchange also saw its total listed securities surpass 500 during the quarter, as cannabis, minin
--->g and technology companies continued to choose the Exchange for Entrepreneurs as their primary listing to facilitate f
--->inancing activity and superior trading liquidity for their shareholders.</p><p><b>Key Statistics</b></p><ul style="lis
--->t-style-type: disc;"><li>Trading volume in CSE listed securities was 6.7 billion shares, an increase of 6.2% compared 
--->to the fourth quarter of 2018;</li><li>The value of shares traded in CSE listed securities totaled $6.3 billion, up 7.
--->8% from the previous quarter;</li><li>Financings completed by CSE issuers totaled $716.7 million in the quarter, and f
--->or the 12 months through March 31 set a new record of $5.2 billion, up 168% from the 12-month period a year earlier;</
--->li><li>The CSE finished the quarter with 500 listed issues, up 16% from the end of 2018, and higher by 47.5% compared 
--->to the first quarter of 2018;</li><li>The aggregate market capitalization of CSE issuers rose 62.8% from the previous 
--->quarter to $25.9 billion.</li></ul><p>Cannabis and related issuers remained the most active sector for capital raising
---> in the first quarter, closing on gross proceeds of $550.8 million through 81 financings, or 77% of all capital raised
---> by CSE issuers. Companies in the diversified industry category raised $92.3 million and mining issuers completed fina
--->ncings totaling $39.8 million (13% and 6%, respectively).</p><p>Among financings conducted during the quarter were tho
--->se by Cansortium (TIUM.U; US$53 million), Vireo Health (VREO; $68.6 million), and Flower One Holdings (FONE; $50 milli
--->on).</p><p>The records set for aggregate market capitalization and financings on a trailing 12-month basis reflected n
--->ot only the strong growth in issuer count but also a general rebound in share prices that began in January and took th
--->e CSE Composite Index 36.3% higher in the first three months of the year.</p><p>CSE marketing initiatives during the q
--->uarter included CSE Talks events in Toronto, Montreal and Ottawa, as well as a major presence at the Prospectors &#38;
---> Developers Association of Canada (PDAC) conference in Toronto, where the exchange partnered on events that collective
--->ly welcomed over 2,000 guests. CSE's west coast team also embarked on a successful roadshow in California that include
--->d stops in Santa Monica and San Francisco and involved a delegation of capital markets professionals and investors. </
--->p><p>In the current quarter, the CSE will participate in 14 events, mostly as a partner or sponsor/co-sponsor. Themes 
--->include blockchain (Thought Leadership Partner at Blockchain Revolution Global; Toronto, April 24-25), eSports (co-spo
--->nsor of eSports in the Capital Markets; Toronto, April 24) and cannabis (Arcview Vancouver Investor Forum; Vancouver, 
--->April 23).  The CSE will also participate in Arcview conferences planned for Chicago, New York, Las Vegas and Los Ange
--->les through February 2020.</p><p>Other events on the CSE calendar include a return to Israel on May 12 for the Tech Da
--->y conference in Tel Aviv, where small-cap investors and prospective issuers will spend a full day learning about listi
--->ng on the CSE and OTC QB and QX markets, as well as investment opportunities in Israeli technology companies. The even
--->t will mark the CSE's sixth visit to Israel in the past two years. </p><p>The CSE marketing team is taking full advant
--->age of the space and location afforded by the exchange's new office at Toronto's First Canadian Place, one of its init
--->ial moves being to build a top-tier podcast studio CSE issuers can use to record discussions exploring corporate devel
--->opments, entrepreneurship, and industry trends. The exchange's flagship podcast, titled #HashtagFinance, is now availa
--->ble on a variety of popular platforms, including iTunes, Stitcher, SoundCloud, Spotify and Google Play. More informati
--->on on the #HashtagFinance podcasts, as well as a list of feature interviews and videos can be accessed at <a href="htt
--->ps://www.newsfilecorp.com/redirect/bvxnCP5W">http://blog.thecse.com/pe-podcasts/</a>.</p><p>Development of the CSE's b
--->lockchain-enabled clearing and settlement facility remains a priority, and during the quarter the CSE hired Andrew Gro
--->vestine, a highly accomplished technology expert who has run back office operations and worked as a technology consult
--->ant and project manager in the capital markets for over 20 years. Andrew will head the exchange's internal project tea
--->m and coordinate closely with third-party developers as the platform advances toward external testing.</p><p>"The rapi
--->d increase in issuers calling the Canadian Securities Exchange home is an undeniable vote of confidence in the trading
---> and capital-raising environment we offer growth companies of all sizes," said Richard Carleton, CSE Chief Executive O
--->fficer. "Strong trading liquidity and the efficiency of conducting financings as a CSE issuer are two aspects of our o
--->perations that we receive frequent feedback on, and the industry remains excited about our clearing and settlement fac
--->ility. The CSE's excellent start to 2019 maintains the momentum we have built in recent years by responding to the nee
--->ds of issuers, investors, financial professionals, and other parties, both in Canada's financial community and on a gl
--->obal level."</p><p>Contact</p><p>Richard Carleton<br />CEO - Canadian Securities Exchange</p><p>(416) 367-7360, <a rel
--->="nofollow" href="mailto:richard.carleton@thecse.com" class="ApplyClass">richard.carleton@thecse.com</a></p><p id="cor
--->porateLinkBack">To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/r
--->edirect/3ygpI2R3">https://www.newsfilecorp.com/release/44243</a></p></div><div style="font-family:Georgia,Helvetica;fo
--->nt-size:13px;font-weight:400;background:#EEEEEE"><p>&nbsp;</p><p align="center"><a href="https://www.newsfilecorp.com/
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HTML CONTENT:


<html><head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"><title>CSE Reports Record Issuer Total, Market Capi
--->talization as Growth Continues in First Quarter of 2019</title></head><body><div style="font-family:Georgia,Helvetica;
--->font-size:15px;font-weight:400;text-align:center;margin-top:10px;margin-bottom:10px;"><a href="https://mandrillapp.com
--->/track/click/30568383/www.newsfilecorp.com?p=eyJzIjoieERMT1FXaXItenFFRVlPck1TbW5rXzVOOE5VIiwidiI6MSwicCI6IntcInVcIjozM
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--->WUxYjM3ZWY4XCJdfSJ9">View this story in your browser</a></div><p><a href="https://mandrillapp.com/track/click/30568383
--->/www.newsfilecorp.com?p=eyJzIjoiMHdRMDl2Slg4ODVuOHZKVGJXOGcwb3dfa3RjIiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLF
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--->NmQ0OGIyOTY4YmYzOWU2MDRiZjIxYVwiLFwidXJsX2lkc1wiOltcIjFlMGU3NDZmNThjNmU5NzQ4MTY2NDYzNzQ3MjNmMmFlZWYxOGE0N2RcIl19In0"><
--->img src="https://www.newsfilecorp.com/images/newswire/customer-logos/5318.png" style="max-width: 180px; height: auto;"
---> border="0" alt="Canadian Securities Exchange (CSE)"></a></p><h2 style="font-family:Arial,Helvetica;font-weight:bold;f
--->ont-size:30px;color:#0C2081;">CSE Reports Record Issuer Total, Market Capitalization as Growth Continues in First Quar
--->ter of 2019</h2><hr noshade="" style="color:#0C2081;background-color:#0C2081;height:5px;"><div style="font-family:Geor
--->gia,Helvetica;font-size:15px;font-weight:400;"><h3 style="font-family:Arial,Helvetica;font-weight:400;font-size:22px;c
--->olor:#0C2081;"></h3><p>Toronto, Ontario--(Newsfile Corp. - April 23, 2019) - The Canadian Securities Exchange (CSE) to
--->day announced performance highlights from the first quarter of 2019, including new records for aggregate CSE issuer ma
--->rket capitalization and the value of financings in a 12-month period. The exchange also saw its total listed securitie
--->s surpass 500 during the quarter, as cannabis, mining and technology companies continued to choose the Exchange for En
--->trepreneurs as their primary listing to facilitate financing activity and superior trading liquidity for their shareho
--->lders.</p><p><b>Key Statistics</b></p><ul style="list-style-type: disc;"><li>Trading volume in CSE listed securities w
--->as 6.7 billion shares, an increase of 6.2% compared to the fourth quarter of 2018;</li><li>The value of shares traded 
--->in CSE listed securities totaled $6.3 billion, up 7.8% from the previous quarter;</li><li>Financings completed by CSE 
--->issuers totaled $716.7 million in the quarter, and for the 12 months through March 31 set a new record of $5.2 billion
--->, up 168% from the 12-month period a year earlier;</li><li>The CSE finished the quarter with 500 listed issues, up 16%
---> from the end of 2018, and higher by 47.5% compared to the first quarter of 2018;</li><li>The aggregate market capital
--->ization of CSE issuers rose 62.8% from the previous quarter to $25.9 billion.</li></ul><p>Cannabis and related issuers
---> remained the most active sector for capital raising in the first quarter, closing on gross proceeds of $550.8 million
---> through 81 financings, or 77% of all capital raised by CSE issuers. Companies in the diversified industry category ra
--->ised $92.3 million and mining issuers completed financings totaling $39.8 million (13% and 6%, respectively).</p><p>Am
--->ong financings conducted during the quarter were those by Cansortium (TIUM.U; US$53 million), Vireo Health (VREO; $68.
--->6 million), and Flower One Holdings (FONE; $50 million).</p><p>The records set for aggregate market capitalization and
---> financings on a trailing 12-month basis reflected not only the strong growth in issuer count but also a general rebou
--->nd in share prices that began in January and took the CSE Composite Index 36.3% higher in the first three months of th
--->e year.</p><p>CSE marketing initiatives during the quarter included CSE Talks events in Toronto, Montreal and Ottawa, 
--->as well as a major presence at the Prospectors &amp; Developers Association of Canada (PDAC) conference in Toronto, wh
--->ere the exchange partnered on events that collectively welcomed over 2,000 guests. CSE's west coast team also embarked
---> on a successful roadshow in California that included stops in Santa Monica and San Francisco and involved a delegatio
--->n of capital markets professionals and investors. </p><p>In the current quarter, the CSE will participate in 14 events
--->, mostly as a partner or sponsor/co-sponsor. Themes include blockchain (Thought Leadership Partner at Blockchain Revol
--->ution Global; Toronto, April 24-25), eSports (co-sponsor of eSports in the Capital Markets; Toronto, April 24) and can
--->nabis (Arcview Vancouver Investor Forum; Vancouver, April 23).  The CSE will also participate in Arcview conferences p
--->lanned for Chicago, New York, Las Vegas and Los Angeles through February 2020.</p><p>Other events on the CSE calendar 
--->include a return to Israel on May 12 for the Tech Day conference in Tel Aviv, where small-cap investors and prospectiv
--->e issuers will spend a full day learning about listing on the CSE and OTC QB and QX markets, as well as investment opp
--->ortunities in Israeli technology companies. The event will mark the CSE's sixth visit to Israel in the past two years.
---> </p><p>The CSE marketing team is taking full advantage of the space and location afforded by the exchange's new offic
--->e at Toronto's First Canadian Place, one of its initial moves being to build a top-tier podcast studio CSE issuers can
---> use to record discussions exploring corporate developments, entrepreneurship, and industry trends. The exchange's fla
--->gship podcast, titled #HashtagFinance, is now available on a variety of popular platforms, including iTunes, Stitcher,
---> SoundCloud, Spotify and Google Play. More information on the #HashtagFinance podcasts, as well as a list of feature i
--->nterviews and videos can be accessed at <a href="https://mandrillapp.com/track/click/30568383/www.newsfilecorp.com?p=e
--->yJzIjoid0ttcG44b1pWU1RtX3dfMGY5NG10ZV9BeUtzIiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJsXCI6XCJodHRwczpcXFw
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--->-podcasts/</a>.</p><p>Development of the CSE's blockchain-enabled clearing and settlement facility remains a priority,
---> and during the quarter the CSE hired Andrew Grovestine, a highly accomplished technology expert who has run back offi
--->ce operations and worked as a technology consultant and project manager in the capital markets for over 20 years. Andr
--->ew will head the exchange's internal project team and coordinate closely with third-party developers as the platform a
--->dvances toward external testing.</p><p>"The rapid increase in issuers calling the Canadian Securities Exchange ho
--->me is an undeniable vote of confidence in the trading and capital-raising environment we offer growth companies of all
---> sizes," said Richard Carleton, CSE Chief Executive Officer. "Strong trading liquidity and the efficiency of
---> conducting financings as a CSE issuer are two aspects of our operations that we receive frequent feedback on, and the
---> industry remains excited about our clearing and settlement facility. The CSE's excellent start to 2019 maintains the 
--->momentum we have built in recent years by responding to the needs of issuers, investors, financial professionals, and 
--->other parties, both in Canada's financial community and on a global level."</p><p>Contact</p><p>Richard Carleton<
--->br>CEO - Canadian Securities Exchange</p><p>(416) 367-7360, <a rel="nofollow" href="mailto:richard.carleton@thecse.com
--->" class="ApplyClass">richard.carleton@thecse.com</a></p><p id="corporateLinkBack">To view the source version of this p
--->ress release, please visit <a href="https://mandrillapp.com/track/click/30568383/www.newsfilecorp.com?p=eyJzIjoiTC1XUX
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