5 www gbr eports c om Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE Ther e is still money to be found in the mining se c tor a health y e cosystem r elies on junior explor ation and entr epr eneurship but the tr aditional models of r aising funding thr ough the institutional and r etail mar kets hav e r eally suf fer e d and juniors ne e d to be cr eativ e in the w a y they sour ce inv estments Christian KarglSimard president CEO and dire ctor Adv entus Zinc T h e F i na nc i a l C l i m a te f or M in in g in O n t a r i o T h e T o r o n t o s t oc k e x c h a n g e s a n d f n a n c i a l d i s t r i c t t h e in v e s t m e n t e n g in e o f g l o b a l min in g T or ont o is the financial he artbe a t of the mining indus tr y spe arhe aded by the T or ont o S t ock E x chang e T SX and T SX V entur e which ac c ount ed f or 59 of all glob al mining financings in 2017 Almos t 56 billion mining shar es wer e tr aded in 2017 with a t o t al v alue of C206 billion and ther e w as t angible e videnc e of r ene wed inves t or c onfidenc e illus tr a t ed by one of the lar g es t mining IPOs in T SX s 165 ye ar his t or y as Nex a R esour c es r aised over C730 million in Q4 Ther e ar e curr ently f our w ays c omp anies c an lis t on the T or ont o s t ock ex chang es Capit al P ool Comp any pr ogr ams CPCs IPOs dual lis tings and r e verse t ak eovers R T Os Sinc e the intr oduc tion and suc c ess of the CPCs the Special Purpose Ac quisition Comp anies SP A Cs w as intr oduc ed the T SX version of the CPC shell c onc ep t The CPC pr ogr am intr oduc es experienc ed inves t ors t o entr epr eneurs whose gr owth and de velopment s t ag e c omp anies r equir e c apit al and public c omp any manag ement expertise Dif er ent t o a tr aditional IPO the CPC pr ogr am enables se asoned dir ec t ors and ofic ers t o f orm a Capit al P ool Comp any with no c ommer cial oper a tions and no asse t s o ther than c ash lis t it on T SX V entur e E x chang e and r aise c apit al The CPC then uses these funds t o seek out an inves tment opportunity in a gr owing business De an McPherson he ad of business de velopment and glob al mining a t the TMX Gr oup exp anded on the benefit s of the CPCs The Capit al P ool Comp any pr ogr am CPCs has been a hug e suc c ess f or T SX with 2464 cr e a t ed sinc e the s t art of the pr ogr am 87 of which have c omple t ed qualifying tr ansac tions C urr ently we have 78 CPCs tr ading on T SXV De an point ed t o the qualifying tr ansac tion made by Br azilian b ased c omp any Sigma Lithium in May 2018 as a r ec ent ex ample of this alt erna tive w ay t o lis t The r e turn t o dual lis tings w as ano ther indic a t or of the glob al upswing Comp anies lis t ed on the L SE or the ASX ar e looking t o our E x chang es t o ac c ess over U S20 trillion in inves t or c apit al c ontinued McPherson who added The las t time we saw any signific ant IPO ac tivity w as 2012 so ther e is a g ener al enthusiasm r e turning t o the mark e tplac e