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Canadian Securities Exchange Reports October 2021 Performance Figures

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Canadian Securities Exchange Reports October 2021 Performance Figures

 

 

 

 

 

The Canadian Securities Exchange announced its market statistics for the month of October 2021, highlighted by a large financing and continued strength in trading.

 

October 2021 Operating Statistics

  • Trading volume of CSE-listed securities totaled 2.1 billion shares;
  • Trading value of CSE-listed securities was $1.3 billion;
  • CSE issuers completed 75 financings that raised an aggregate $606 million;
  • There were 12 new listings, bringing total listed securities to 720 as at October 31, 2021; and
  • The aggregate market value of CSE issuers was $46.5 billion as at October 31, 2021, compared to $42.1 billion at year-end 2020.

 

“We were pleased to see a milestone financing completed by a Canadian Securities Exchange issuer during the month of October,” said Richard Carleton, CSE Chief Executive Officer. “Trulieve Cannabis Corp.’s US$350 million (C$441 million) debt offering was the single largest financing completed by any CSE issuer this year, and the second largest in the Exchange’s history. It is exciting to see our large cannabis issuers raising significant amounts of low-cost capital to fund their growth plans. It was also a busy month for the CSE on the corporate development side, as we participated in the MJBizCon expo and hosted two virtual conferences. All events were very well received by the investment community.”

 

What’s On At the CSE

 

The CSE is proud to be a supporting sponsor of the Empire Club of Canada’s 2021 Nation Builder of the Year award, which recognizes Canadian individuals or groups that are making significant contributions to the country. This year’s honoree is Perry Bellegarde, a former National Chief of the Assembly of First Nations and a strong advocate for Indigenous rights, human rights and reconciliation. Mr. Bellegarde will receive the award at a special event on December 9, 2021. More information is available here:

https://events.empireclubofcanada.com/nationbuilder2021/home.

 

New Listings in October 2021

 

Nabati Foods Global Inc. (MEAL)
Leopard Lake Gold Corp. (LP)
Secova Metals Corp. (SEK)
Alma Gold Inc. (ALMA)
Tony G Co-Investment Holdings Ltd. (TONY) – Fundamental Change
Brascan Gold Inc. (BRAS)
Xebra Brands Ltd. (XBRA)
Gelum Resources Ltd. (GMR)
Athena Gold Corporation (ATHA)
Ares Strategic Mining Inc. (ARS)
79 Resources Ltd. (SNR) – Fundamental Change
MLK Gold Ltd. (MLK)

 

About the Canadian Securities Exchange:

 

The Canadian Securities Exchange is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange’s efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.

 

The CSE offers investors in Canada and abroad access to a multi-sector collection of growth companies through a liquid, reliable and highly regulated trading platform. The Exchange is dedicated to entrepreneurship and has established itself as a leading hub for discourse in the entrepreneurial community.

 

Posted November 17, 2021

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Independence Gold Intersects 52.46 Metres Grading 2.51 g/t Gold and 19.73 g/t Silver in the Johnny Vein at the 3Ts Project, BC Independence Gold Corp. (TSX-V: IGO) is pleased to report assay results from three additional diamond drill holes completed at the Johnny Vein System at the 3Ts Project located in central British Columbia. These results further confirm the continuity and high-grade nature of the Johnny Vein System and expands the known footprint of mineralization. Located approximately 185 kilometres southwest of Prince George, British Columbia, the 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 km southwest of Artemis Gold Inc.'s Blackwater Mine and hosts a low-sulphidation epithermal quartz-carbonate vein district within which at least nineteen known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths of up to 32 m have been identified. 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"We are particularly excited by the width and grade intersected in hole 3TS-25-31, which demonstrates consistent mineralization over more than 30 metres of true width and includes multiple zones of exceptional gold and silver values." The Johnny Vein System is one of several epithermal quartz-carbonate veins being explored at the 3Ts Project and appears to be comprised of several intertwining veins with mineralized breccias that produce wide zones of mineralization. The primary vein set is interpreted to have a true thickness of approximately 32 metres; however, including adjacent mineralized breccias and minor veins, the total mineralized width may extend up to 47.5 metres true width. The Johnny Vein indicates similarities in grade and continuity to the established Ted-Mint and Tommy Vein Systems, which form the foundation of the current 3Ts resource model (please see news release dated August 18th, 2022 for further details; "Technical Report on the Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada", authored by Armitage and Miller). The combined in-pit and underground components of Tommy and Ted-Mint vein systems contain a total inferred resource estimate of 4,469,297 tonnes grading 3.64 grams per tonne gold and 96.26 g/t silver, at a cut off grade of 0.4 g/t gold equivalent ("AuEq") in-pit and 2.0 g/t AuEq underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver, totaling 678,156 AuEq ounces. Drill results from the Johnny Vein System will be incorporated in the updated NI 43-101 mineral resource anticipated to be completed in the third quarter of 2025. 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