~40% OF THE WORLD’S PUBLIC MINING COMPANIES ARE LISTED ON TSX AND TSXV
TSX and TSXV are home to more Mining companies than any other market in the world. Companies benefit by having greater access to capital, visibility of transactions, analyst coverage, specialized indices and tailored listing requirements for all sizes of companies. Find out the benefits of listing on Toronto Stock Exchange or TSX Venture Exchange.
DEAN MCPHERSON
GRAHAM DALLAS
GUILLAUME LEGARE
LUKE ALLSHORN
RECENTLY LISTED - MINING COMPANIES
A RANKING OF THE TOP 50 PERFORMERS ON TSX VENTURE EXCHANGE
TSX Venture 50 is a ranking of the top performers on TSX Venture Exchange over the last year. The ranking is composed of 10 companies from each of five industry sectors, selected based on three equally-weighted criteria.
Watch the below videos highlighting this year’s mining sector winners.
KEY 2024 TSX VENTURE 50 MINING HIGHLIGHTS:
V50 2024
average Mining share price performance
V50 2024
average Mining market cap increase
* Data based on 2023 performance. Learn more here: https://money.tmx.com/en/venture50
A new video series focused on key mining trends and insights with industry experts.
globally in
new Mining Listings
In Mining equity capital raised
in 2023
GO PUBLIC - WAYS TO GET LISTED
There are multiple pathways to listing on TSX and TSXV.
Capital Pool Company® Program
The public markets can offer a number of benefits to a company. The most important benefits are access to capital and the ability to use your share capital to complete acquisitions. It can also provide liquidity to investors and help a company to compete for talent.
IPO
An initial public offering (IPO) is the traditional method of obtaining a listing on a stock exchange. First a prospectus is filed with the securities commission, followed by an application for a public listing. The prospectus provides potential investors with detailed information they need to make informed investment decisions.
Direct Listing
A company already listed on another exchange may list directly on TSX or TSXV if they are able to meet our listing standards. In addition, these issuers may be eligible for certain exemptions from our regulatory and reporting requirements if they are listed on an exchange recognized by TSX and with similar listing requirements.
Reverse Take-Over
A reverse take-over is also known as a "back door listing" or "reverse merger" of a company already listed on TSX or TSXV. This listing can be done in a number of ways, including an amalgamation or issuance of shares in exchange for other shares or assets of the issuer.
SPAC
The Special Purpose Acquisition Corporation (SPAC) program offers an alternative vehicle for listing on TSX. This is an investment vehicle allowing the public to invest in companies or industry sectors normally sought by private equity firms. In addition, it can provide an opportunity for individuals unable to buy into hedge or private equity funds the ability to participate in the acquisition of private operating companies traditionally targeted by those funds.
KEY BENEFITS FOR MINING COMPANIES
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1
Access to capital
TSX/TSXV Mining companies have raised $45 billion in the past five years through over 6,700 financings. This represents 48% of the number of public mining financings completed and 36% of the mining equity capital raised globally.
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2
Liquidity & Trading
More than 38 billion Mining company shares were traded on our Exchanges in 2023.
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3
Global Visibility
More than 250 global analysts cover TSX- and TSXV-listed Mining companies and approximately 40% of all trading originates outside of Canada.
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4
Growth Support
TSXV-listed companies have the potential to graduate to TSX as they grow and mature. From 2000 to 2023, more than 300 Mining companies graduated from TSXV to TSX.
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5
Tailored Listing Criteria
Listing requirements are tailored to companies at varying levels and accommodate a range of companies from exploration stage to production.
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6
Value-added Services Supporting Growth
Relevant mining business experience and in-house geologists.
WHY GO PUBLIC?
CAPITAL SOLUTIONS
For early-stage companies looking to gain access to public venture capital - or larger, established companies looking to take their business to the next level, going public may be the right fit for your company. Our two-tiered market offers financing and liquidity solutions that can be as unique as the businesses it serves.
TSX and TSXV Listed company initiatives
TSX30
TSX30™ is a ranking of the top 30 performers on Toronto Stock Exchange over a three-year period. As our flagship program, it offers unique insight into important market trends, and shines a light on compelling companies driving progress across industries and around the world.
TSX VENTURE 50®
The TSX Venture 50 is a ranking of the top ten performers on TSX Venture Exchange over the last year, comprising of 10 companies from five industry sectors.
This annual program showcases the top performing listed companies from five industry sectors, including: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. Selection is based on 3 equally weighted criteria: share price appreciation, trading volume, and market capitalization growth.
$7.6B
37
$517B
All data as of December 31, 2023.
Market Intelligence Report (MiG)
Provides year-to-date data on listings, financings and trading activity across Toronto Stock Exchange and TSX Venture Exchange, broken down by sector and region.
GET OUR MIG REPORTWHAT INDUSTRY EXPERTS ARE SAYING
More Info
Guide to Listing
An introductory guide to the Canadian capital markets, including listing requirements, listing vehicles and sector profiles.
