Look to Canada for growth capital

Mar 02, 2011, 10:00 ET from Cassels Brock & Blackwell LLP

Law firm Cassels Brock, in conjunction with the Toronto Stock Exchange, advises U.S. companies to tap strong equity markets north of the border

TORONTO, March 2 /PRNewswire/ - Cassels Brock & Blackwell LLP, together with the TMX Group (Toronto Stock Exchange and its junior venture exchange TSX-V), will be holding a complimentary executive seminar to inform rapidly growing U.S. mid-market companies, along with their professional advisors and financiers, about the increasingly attractive financing options available in Canada's equity and debt markets.  The seminar will be held on Tuesday, April 12, 2011, at The Metropolitan Club in Chicago.

The half-day session will focus on:

  • Why the TSX and TSX-V are ideal for U.S. issuers
  • How the 'going public' process is different in Canada and the requirements for U.S. issuers
  • The types of companies that have the most success on the TSX
  • The key tax, regulatory and business considerations

Last year alone, international companies raised more than $8.3 billion dollars on the Toronto Stock Exchange.  That volume is steadily increasing because the Canadian capital markets are designed to accommodate foreign-based issuers, who often use the TSX as a stepping stone to listing on the NASDAQ or NYSE.  The Canadian capital markets are also structured to foster the growth of small and mid-cap businesses, supported by investment banks specializing in financing growing businesses with revenues of less than $200 million.

About Cassels Brock

Cassels Brock & Blackwell LLP (www.casselsbrock.com), a full-service business law firm with more than 200 lawyers working in its Toronto office, acts for issuers, underwriters, financiers and advisors of all sizes in Canada, the U.S. and around the world.  The firm has exceptionally deep and broad expertise in all areas of cross-border corporate transaction work, including equity and debt financing, mergers and acquisitions, tax structuring and regulatory issues.

About The TMX

Toronto Stock Exchange and TSX Venture Exchange:  The Toronto Stock Exchange and TSX Venture Exchange are home to the largest number (3,600) of publicly-traded companies of any exchange in North America and 8% of all listings in the world.  This leading marketplace for growth provides a dynamic source of capital for U.S. issuers. To date, more than 150 U.S. companies have chosen the TSX or TSX-V as their platform to raise growth capital based on the peer group quality, the deep and liquid trading and investment environment and the stakeholders' expertise and innovation.

SOURCE Cassels Brock & Blackwell LLP