Employees: approx. 240

Launch date: Nov. 29, 1999

National offices:
> Calgary
> Toronto
> Vancouver
> Winnipeg
> Montreal

Member firms: 67 and 16 participating organizations*

Average equity market cap:
> $5.74 million at year end 2000
> $4.20 million at August 31, 2001

Capital raised:
> $2.37 billion in 2000
> $1.77 billion for Jan.–Aug. 2000
> $825 million for Jan.–Aug. 2001

2000 trading statistics:
> 13,849,133,713 shares
> 15,977,858,121 dollars
> 4,382,741 trades

2000 financial highlights:
> $50 million in revenues
> $25 million in cash and equivalents
> $7 million in earnings before one-time items

*Companies that have trading access to CDNX, but are not members

The Canadian Venture Exchange (CDNX) is Canada’s national exchange for venture class securities.

CDNX specializes in financing for emerging companies and preparing them for graduation to senior markets. CDNX graduates represented 38 per cent of the TSE’s new listings in 2000.

CDNX is part of the TSE group of companies, which includes the Toronto Stock Exchange (TSE), TSE Market Services and TSE Regulation Services.

CDNX provides an efficient facility for venture funding while maintaining the highest standards of disclosure, fairness and integrity. Striking the balance between effective regulation and fostering opportunity for emerging companies is what CDNX specializes in achieving.

Companies listed on CDNX are classified into distinct tiers; each with minimum listing requirements based on financial performance, stage of development and financial resources at the time of listing.

CDNX supports the growth of Canada’s emerging companies and provides access for investors wishing to participate in venture class investments in new economy companies or more traditional sectors such as oil & gas and mining.

CDNX’s new listings have grown 27 per cent in 2001; 27% of these new listings are from Ontario. The continued growth in diversity and geographic distribution of CDNX’s listed companies makes it a unique way for investors to gain access to ground floor investment opportunities and for emerging companies to gain access to capital.