Canadian Stock Exchange or CSE, operated by CNSX Markets Inc. is an alternative stock exchange In Canada, recognized as such in 2004. The CSE represents itself as an exchange for entrepreneurs that offers alternative and easier access to capital market. This is done through simple and precise rule book that makes listing quick and relatively inexpensive. The exchange is fully automated which means that floor trading method is not preferred.
Taking your company public by listing it on CSE gives you an opportunity to explore Canadian strong capital market and raise capital that will help your business grow. As publicly traded company on Canadian capital market will raise your corporate profile and draw attention of investors willing to invest in your company. In order to become publicly traded company in Canada company must become reporting issuer with one or more of the Provincial Securities Commissions which means it is subject to ongoing public disclosure and reporting requirements. Two most common ways of becoming reporting issuer in Canada is by qualifying a prospectus or completing a reverse takeover with a reporting issuer.
By fostering integrity, transparency and liquidity CSE offers several benefits to listed companies:
- streamlined regulatory model
- no mandatory sponsorship requirements
- an automated, regulated and transparent market
- visibility for listed companies
- a model that attracts dealer participation
- competitive fees for issuer
Listing your company on CSE is relatively uncomplicated task. The first step in the process and also the largest effort is drafting disclosure document. When company file a non offering prospectus with one of the provincial securities commissions it becomes reporting issuer which qualify company for listing on CSE. In that way prospectus becomes company's listing statement without the need to do double the effort. From the moment when preliminary prospectus is filed with commission and exchange, the whole process takes 60 days. Mina Mar Group invites you to consider the advantages of CSE as a destination to take your company public. Feel free to contact us for additional information.
Comments
Post a Comment