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Toronto Stock Exchange and B3 Sign Memorandum of Understanding

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TMX Group's equity exchanges, Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), have signed a non-binding Memorandum of Understanding (MoU) with B3 (Brazil Stock Exchange). The agreement aims to create more public market opportunities for investors and entrepreneurs in Brazilian markets.

The collaboration will explore a Brazil-based solution leveraging Canadian expertise in mining, energy, and renewable energy industries. The project intends to facilitate the dual listing of mineral research companies based in Brazil, allowing them to access both Brazilian and Canadian public markets.

This partnership is expected to promote dialogue among market participants, regulators, government officials, and investors to attract liquidity to Brazilian mining companies. It also reinforces B3's commitment to the sector by offering investment alternatives in sustainable projects.

To mark this milestone, TSX and B3 representatives will open the market from São Paulo, Brazil, on October 22, 2024.

Le borse valori di TMX Group, Toronto Stock Exchange (TSX) e TSX Venture Exchange (TSXV), hanno firmato un Memorandum of Understanding (MoU) non vincolante con B3 (Borsa Brasiliana). L'accordo mira a creare maggiori opportunità di mercato pubblico per investitori e imprenditori nei mercati brasiliani.

La collaborazione esplorerà una soluzione basata in Brasile che sfrutta l'esperienza canadese nei settori minerario, energetico e delle energie rinnovabili. Il progetto intende facilitare la doppia quotazione delle aziende di ricerca mineraria con sede in Brasile, consentendo loro di accedere ai mercati pubblici sia brasiliani che canadesi.

Questa partnership è prevista per promuovere il dialogo tra i partecipanti al mercato, i regolatori, i funzionari governativi e gli investitori per attrarre liquidità alle aziende minerarie brasiliane. Rafforza anche l'impegno di B3 verso il settore offrendo alternative di investimento in progetti sostenibili.

Per celebrare questo traguardo, i rappresentanti di TSX e B3 apriranno il mercato da São Paulo, Brasile, il 22 ottobre 2024.

Las bolsas de valores de TMX Group, Toronto Stock Exchange (TSX) y TSX Venture Exchange (TSXV), han firmado un Memorando de Entendimiento (MoU) no vinculante con B3 (Bolsa de Brasil). El acuerdo tiene como objetivo crear más oportunidades en el mercado público para inversores y emprendedores en los mercados brasileños.

La colaboración explorará una solución basada en Brasil que aprovecha la experiencia canadiense en las industrias minera, energética y de energías renovables. El proyecto tiene la intención de facilitar la doble cotización de empresas de investigación mineral con sede en Brasil, permitiéndoles acceder a los mercados públicos tanto brasileños como canadienses.

Se espera que esta asociación promueva el diálogo entre los participantes del mercado, reguladores, funcionarios gubernamentales e inversores para atraer liquidez a las empresas mineras brasileñas. También refuerza el compromiso de B3 hacia el sector al ofrecer alternativas de inversión en proyectos sostenibles.

Para marcar este hito, los representantes de TSX y B3 abrirán el mercado desde São Paulo, Brasil, el 22 de octubre de 2024.

TMX 그룹의 증권 거래소인 토론토 증권 거래소 (TSX)TSX 벤처 거래소 (TSXV)B3 (브라질 증권 거래소)와 비구속적인 양해각서(MoU)를 체결했습니다. 이 협정은 브라질 시장에서 투자자와 기업가를 위한 더 많은 공공 시장 기회를 창출하는 것을 목표로 하고 있습니다.

협력은 캐나다의 광업, 에너지 및 재생 가능 에너지 산업 전문성을 활용하여 브라질 기반 솔루션을 탐색합니다. 본 프로젝트는 브라질에 본사를 둔 광물 조사 기업의 이중 상장을 용이하게 하여 브라질 및 캐나다의 공공 시장에 접근할 수 있도록 합니다.

이 파트너십은 시장 참여자, 규제 기관, 정부 관계자 및 투자자 간의 대화를 촉진하여 브라질 광업 기업에 유동성을 유치할 것으로 예상됩니다. 또한 지속 가능한 프로젝트에 대한 투자 대안을 제공함으로써 B3의 이 부문에 대한 헌신을 강화합니다.

이 이정표를 기념하기 위해 TSX와 B3의 대표들이 2024년 10월 22일 브라질 상파울루에서 시장을 개장할 예정입니다.

Les échanges d'actions de TMX Group, Toronto Stock Exchange (TSX) et TSX Venture Exchange (TSXV), ont signé un protocole d'accord (MoU) non contraignant avec B3 (Bourse du Brésil). L'accord vise à créer davantage d'opportunités de marché public pour les investisseurs et les entrepreneurs sur les marchés brésiliens.

La collaboration explorera une solution basée au Brésil en s'appuyant sur l'expertise canadienne dans les secteurs minier, énergétique et des énergies renouvelables. Le projet a pour but de faciliter la double cotation des entreprises de recherche minérale basées au Brésil, leur permettant d'accéder aux marchés publics brésilien et canadien.

Ce partenariat devrait promouvoir le dialogue entre les participants du marché, les régulateurs, les représentants du gouvernement et les investisseurs afin d'attirer des liquidités vers les entreprises minières brésiliennes. Il renforce également l'engagement de B3 envers le secteur en offrant des alternatives d'investissement dans des projets durables.

Pour marquer cette étape, les représentants de TSX et B3 ouvriront le marché depuis São Paulo, Brésil, le 22 octobre 2024.

Die Börsen von TMX Group, Toronto Stock Exchange (TSX) und TSX Venture Exchange (TSXV), haben ein unverbindliches Memorandum of Understanding (MoU) mit B3 (Brasilianische Börse) unterzeichnet. Ziel des Abkommens ist es, mehr öffentliche Marktchancen für Investoren und Unternehmer in den brasilianischen Märkten zu schaffen.

Die Zusammenarbeit wird eine Brasilien-basierte Lösung erkunden, die auf kanadischem Fachwissen im Bereich Bergbau, Energie und erneuerbare Energien basiert. Das Projekt soll die doppelte Notierung von Mineralforschungsunternehmen, die in Brasilien ansässig sind, erleichtern und ihnen den Zugang zu den brasilianischen und kanadischen Kapitalmärkten ermöglichen.

Diese Partnerschaft wird voraussichtlich den Dialog unter den Marktteilnehmern, Regulierungsbehörden, Regierungsbeamten und Investoren fördern, um Liquidität für brasilianische Bergbauunternehmen zu gewinnen. Sie stärkt auch das Engagement von B3 gegenüber dem Sektor, indem sie Investitionsalternativen in nachhaltigen Projekten anbietet.

Um diesen Meilenstein zu feiern, werden die Vertreter von TSX und B3 am 22. Oktober 2024 den Markt aus São Paulo, Brasilien, öffnen.

Positive
  • Potential expansion of market opportunities for Brazilian companies
  • Access to both Brazilian and Canadian investor bases for dual-listed companies
  • Leveraging Canadian expertise in mining, energy, and renewable energy sectors
  • Possible increase in liquidity for Brazilian mining companies
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - TMX Group's equity exchanges, Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), and B3 (Brazil Stock Exchange), today announced the signing of a non-binding Memorandum of Understanding (MoU), where TSX/TSXV and B3 agree to create more public market opportunities for investors and entrepreneurs to help power the Brazilian markets.

Under the scope of the MoU, TSX/TSXV and B3 will explore a Brazil-based solution that builds on Canadian expertise around mining, energy and renewable energy industries, among other things. The project's intention is to join efforts to build an ecosystem that may facilitate the dual listing of mineral research companies based in Brazil. By combining capabilities, companies may benefit from accessing the national and international investor base in Brazil and the public markets in Canada.

"We look forward to working with B3 as we leverage the expertise of our two organizations to explore synergies for energy transition and other evolving market industries in the small and mid-cap space," said Loui Anastasopoulos, CEO, Toronto Stock Exchange and Global Head of Capital Formation, TMX Group.

"This collaboration will help B3 promote the dialogue among participants, regulators, government officials and investors in order to attract liquidity to Brazilian mining companies. Moreover, it reinforces B3's commitment to the sector, bringing investment alternatives to institutional and individual investors willing to participate and engage in sustainable projects," said Gilson Finkelsztain, CEO at B3.

Loui Anastasopoulos and Gilson Finkelsztain, along with TSX and B3 representatives, will open the market from São Paulo, Brazil, on Tuesday, October 22, to mark this milestone.

For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (HD-SDI) and is produced at the TMX Market Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact avservices@tmx.com. The client feature video will begin playing on the TMX media wall at approximately 9:29 a.m. ET, and the markets will open with the sound of a siren at 9:30 a.m. ET.

About TMX Group (TSX: X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TMX Trayport and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.

About B3

B3 S.A. (B3SA3) is one of the main financial market infrastructure companies in the world and one of the largest in terms of market capitalization among global leaders in the exchange industry.

B3 connects, develops and enables the financial and capital market and, together with customers and society, boosts Brazil's growth.

It trades in stock exchange and OTC environments, and offers products and services to the financing chain.

Headquartered in São Paulo and with offices in London, Chicago, Singapore and Shanghai, B3 performs important functions in the market by promoting best practices in corporate governance, risk management and sustainability.

B3. With the market. For the future.

For more information, please contact:
Catherine Kee
Head of Media Relations
TMX Group
416-671-1704
catherine.kee@tmx.com

B3 media contact
imprensa@b3.com.br

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227174

FAQ

What is the purpose of the MoU between TSX/TSXV and B3?

The MoU aims to create more public market opportunities for investors and entrepreneurs in Brazilian markets, focusing on facilitating dual listing of mineral research companies based in Brazil.

How will the collaboration between TSX/TSXV and B3 benefit companies?

Companies may benefit from accessing both the national and international investor base in Brazil and the public markets in Canada, potentially increasing their liquidity and investment opportunities.

When will TSX and B3 representatives open the market to mark this milestone?

TSX and B3 representatives will open the market from São Paulo, Brazil, on Tuesday, October 22, 2024, to mark the signing of the MoU.

What industries will the TSX/TSXV and B3 collaboration focus on?

The collaboration will focus on leveraging Canadian expertise in mining, energy, and renewable energy industries, among others.

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