News

CSE Reports Strong Listings Growth in May 2021 Including a Landmark IPO

Toronto, Ontario – June 16, 2021 (Newsfile Corp.) (Investorideas.com Newswire) The Canadian Securities Exchange (“CSE” or “the Exchange”) today announced its market statistics for the month of May 2021. The month was highlighted by near-record growth in listings.

May 2021 Statistics

a–? Trading volume of CSE-listed securities totaled 2.6 billion shares;

a–? Trading value of CSE-listed securities was $2.2 billion;

a–? CSE issuers completed 61 financings that raised approximately $262 million in aggregate;

a–? There were 24 new listings, the second largest monthly total in the Exchange’s history, bringing total CSE listings to 674; and

a–? As a result of the growth in listings, and general appreciation in valuations, the aggregate market value of CSE issuers was $63.3 billion as at May 31, 2021, compared to $42.1 billion at year-end 2020.

“The second quarter of 2021 is on track to be one of the strongest quarters for new listings in the CSE’s history,” said Richard Carleton, CSE Chief Executive Officer. “We continued to attract many impressive new issuers during the month of May. Among them was Ascend Wellness Holdings, which raised US$92 million through an initial public offering. The transaction valued the company at US$1.35 billion, resulting in the largest capitalized company to ever IPO on the Exchange. It is another example of how we are the preferred public market destination for leading cannabis companies.”

What’s On at the CSE: Cannabis and Esports in Focus

Following the CSE’s successful recent showcases of the Canadian mining industry (Mining Over Canada) and the plant protein sector (Plant Protein: The New Age of Food), the Exchange presented the Cannabis Investor Series in May 2021. On each Tuesday in May, the CSE presented a deep dive into a different facet of the cannabis sector. The series, which was well received by market participants, featured perspectives from a diverse group of experts on the cutting edge of the sector, including executives, athletes, activists and other influencers. Full episodes of the Cannabis Investor Series, along with the CSE’s other special programming, can be viewed on the Exchange’s YouTube page at https://www.youtube.com/csetv.

The CSE participated in the recent Benzinga Cannabis Capital Conference, a major gathering of North American cannabis entrepreneurs and investors held on June 3-4, 2021. The event was held virtually and had more than 100 expert speakers, including 15 executives of CSE-listed companies. Anna Serin, the CSE’s Director of Listings Development, moderated a panel on the resurgence of cannabis capital markets. To watch replays of the presentations and learn more about the event, please visit the following site: https://www.benzinga.com/events/cannabis/virtual/.

The next event in the CSE’s investor education series will be Esports in the Capital Markets, a virtual program scheduled for July 15, 2021. The forum, in partnership with Amuka Esports and The Dales Report, will host discussions on the state of the Esports industry in a post-COVID environment and the looming impact of changing regulations for sports gambling in Canada and the United States. For more information, please visit https://thecse.com/about/events.

New Listings in May 2021

New Listings in May 2021

RYAH Group, Inc. (RYAH)

Ascend Wellness Holdings, Inc. (AAWH.U)

Poda Lifestyle and Wellness Ltd. (PODA)

Defence Therapeutics Inc. (DTC)

Wondr Gaming Corp. (WDR)

Wondr Gaming Corp. Warrants (WDR.WT)

Wesana Health Holdings Inc. (WESA) – Fundamental Change

Alpha Esports Tech Inc. (ALPA)

Avisa Diagnostics Inc. (AVBT) – Fundamental Change

Global Helium Corp. (HECO)

Wedgemount Resources Corp. (WDGY)

Mary Agrotechnologies Inc. (MARY)

Supernova Metals Corp. (SUPR)

Fathom Nickel Inc. (FNI)

Element Nutritional Sciences Inc. (ELMT)

Clearmind Medicine Inc. (CMND) – Fundamental Change

MYND Life Sciences Inc. (MYND)

Boosh Plant-Based Brands Inc. (VEGI)

EonX Technologies Inc. (EONX)

Prospect Ridge Resources Corp. (PRR)

Advance United Holdings Inc. (AUHI)

Baden Resources Inc. (BDN)

Gaia Metals Corp. (GMC)

Forty Pillars Mining Corp. (PLLR)

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.

STAY CONNECTED WITH THE CSE

CSE TV on YouTube: https://www.youtube.com/csetv

#HashtagFinance Podcast: https://blog.thecse.com/pe-podcasts/

Instagram: https://www.instagram.com/canadianexchange/

Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange

Facebook: https://www.facebook.com/CanadianSecuritiesExchange/

Twitter: https://twitter.com/CSE_News

Blog: https://blog.thecse.com/

Website: https://thecse.com/

Contact:

Richard Carleton, CEO
416-367-7360
[email protected]

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Follow Us on StockTwits

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

News

Following the minerals

September 17, 2021 (Investorideas.com Newswire) “Nature abhors a vacuum” is a familiar maxim in science. ...