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TSXV Publishes Progress Report on its Efforts to Revitalize Canada’s Public Venture Market

August 16, 2016

Introduction

In July 2016, the TSX Venture Exchange (the “TSXV”) issued a second progress report (the “Report”) to provide an update on the various initiatives outlined in its December 2015 white paper Revitalizing TSX Venture Exchange – Canada’s Public Venture Market (the “White Paper”), which were intended to address challenges market participants face in Canada’s public venture market[1]. In addressing these challenges, the TSXV has made three principal commitments, as follows: (i) reducing administrative and compliance costs of its listed issuers while maintaining investor confidence, (ii) expanding the base of investors financing companies and generally enhancing liquidity, and (iii) diversifying and growing the stock list to increase marketplace attractiveness.

Since publication...

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