Vancouver, British Columbia--(Newsfile Corp. - August 20, 2014) - The Canadian Securities Exchange announced another strong month, with eight new companies listed in July. This solid growth came on the heels of the record 13 companies that joined the exchange in June.
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Richard Carleton, CEO stated: "Although the summer months are typically slower for the pace of new listings activity on Canadian exchanges, the fact that we welcomed 8 new companies in July, and continue to grow our pending application pipeline, demonstrates the growing trust entrepreneurs and investors place in the CSE. Trading volumes during the month remained strong, nearing 250 million shares traded with a value exceeding $52 million."
The exchange welcomed the following new listings during the month: Galahad Metals Inc. (CSE:RHX), Monarch Energy Limited (CSE:CHX), EyeLogic Systems Inc. (CSE:EYE.A), Target Capital Inc. (CSE:TCI), Grenadier Resource Corp. (CSE:GAD), GTO Resources Inc. (CSE:GTR), Evolving Gold Corp. (CSE:EVG), and Goldrea Resources Corp. (CSE:GOR).
Akthem Sumrain, Managing Director of Listings Development added "We are happy to welcome another 8 companies to the fold. We look forward to working with all of these companies to help them achieve their goals."
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 issuers covering a broad range of industry sectors
For more information and a list of contacts, please visit the exchange's website www.thecse.com or view the blog at http://blog.thecse.com/.
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