The Venture Exchange Practice

In subtle ways, Canada’s venture exchanges operate differently than senior stock exchanges. In Vancouver, the TSX Venture Exchange was born from the Toronto Stock Exchange’s acquisition of the Canadian Venture Exchange, the successor to the Vancouver Stock Exchange. The Vancouver Stock Exchange had a rich history in western Canada, being the financing vehicle for many successful mines, yet enduring its fair share of scandal along the way. Subjected to much scrutiny, Exchange executives and staff developed a kind of sixth sense for deals and people over the years. The Canadian National Stock Exchange is Canada’s newest stock exchange, but its staff are well seasoned and its policies based on common sense and business reality.

In this environment, a key element of the venture exchange practice is to work through a deal to ensure it makes business sense before it’s presented. Another is to know how to present a transaction with difficult issues. With over 30 years of experience in dealing daily with venture exchange staff, Venex Law can be a key asset in representing your emerging company before Canada’s venture exchanges.