Owner and operator of the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSX-V), TMX Group, will host the securities exchange session for the sixth consecutive year at the 2014 Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 3 to 6.

“During the securities exchange session, we will work with a group of Canadian banks, law practices and accounting firms to educate companies with projects in Africa about raising the capital they require to advance their exploration or mining projects,” TMX Group global mining business development head Orlee Wertheim tells Mining Weekly.

“Our session will cover several topics, including an overview of the TSX, the TSX-V, financing activity in 2013 and financing trends for 2014,” she says.

The potential benefits for a mining company, should it decide to list on the TSX or TSX-V, and key considerations when listing, such as advising companies on how to prepare for a TSX or TSX-V listing in terms of disclosure and corporate governance rules, will also be discussed by the TMX Group.

Wertheim adds that the group’s session is specifically directed at mining companies, their advisers and investors in the mining sector.
She further commends the Mining Indaba organisers for providing different stock exchanges with the opportunity to provide an industry forum so that “participants of the Mining Indaba can enjoy the opportunity to hear from different exchanges at one conference”.

“This enables delegates to make an informed decision when they consider listing on a stock exchange,” states Wertheim.

She describes mining as a unique business that requires a large amount of capital. “More than 70% of mining capital raised worldwide was raised last year on the TSX and the TSX-V. These exchanges can be an effective platform for companies to raise money in a well-regulated environment, which is a destination for global investment,” she points out.

Wertheim emphasises that, the TSX and the TSX-V have attracted more than 1 600 of the world’s active mining companies, which is more than any other public-equity marketplace in the world.

“These companies account for almost 60% of the world’s mining companies,” she notes.