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Dundee Corporation Joins Urbana Corporation in Making a Strategic Investment in CNSX Markets Inc.

Dundee Corporation Joins Urbana Corporation in Making a Strategic Investment in CNSX Markets Inc.

Mr. Ned Goodman joins Board as Deputy Chairman

TORONTO – September 30, 2013 – Dundee Corporation (“Dundee”)(TSX: DC.A), Urbana Corporation (“Urbana”) (TSX: URB.A) and CNSX Markets Inc. (“CNSX”) are pleased to announce that Dundee has closed a strategic investment in CNSX, operator of the Canadian National Stock Exchange and Pure Trading.  The terms of the transaction were not released by the companies.  In conjunction with the investment, Mr. Ned Goodman, President and CEO of Dundee, has joined the CNSX Board as Deputy Chairman.    

Thomas Caldwell, President and CEO of Urbana, and CNSX Chairman said, “We are pleased to welcome a business leader of Ned’s stature to the Board.  With his contribution we expect to accelerate the steady growth CNSX has seen this year, as we continue to enhance CNSX’s role as the ‘Exchange for Entrepreneurs’ in Canada.”

Ned Goodman commented, “I have been impressed for some time with CNSX’s approach to helping entrepreneurs access the public capital markets in Canada.  The CNSX model reduces the    time and expense companies face in going public, and in maintaining a listing, along with a high level of continuous disclosure.  As a lifelong entrepreneur I have no problem encouraging and inviting the management and boards of entrepreneurial Canadian public companies to consider the benefits of a CNSX listing.”

Richard Carleton, CNSX CEO, said, “We have a number of programmes coming over the next several months designed to support the capital formation process for early stage companies which will enhance the resources CNSX makes available to our issuers and the investment community”.

Key CNSX Markets facts:

  • CNSX Markets is a full service exchange with 180 equity issues, 18 debt instruments, and 7 structured products - recently surpassing 200 issues for the first time;
  • Junior mining exploration companies represent over 50% of the issuers listed by sector;
  • Companies in knowledge-based industries (IT, clean tech, and life sciences) now comprise nearly 20% of the equities on CNSX;
  • Simple, fixed listing fees: $12,500 for application and $500 per month;
  • The only Canadian exchange to offer real-time quotes on Google Finance.


To learn more, email CNSX Markets at or visit and on Twitter @CNSX_News


Dundee Contact:

Ned Goodman
President and Chief Executive Officer
Dundee Corporation
(416) 365-5665

Lucie Presot
Vice President and Chief Financial Officer
Dundee Corporation
(416) 365-5157

Urbana Contact:

Thomas S. Caldwell
Chief Executive Officer
Urbana Corporation
(416) 595-9106

Elizabeth Naumovski
Investor Relations
Urbana Corporation
(416) 595-9106

CNSX Markets Contact:

Richard Carleton
Chief Executive Officer
CNSX Markets Inc.
(416) 367-7360

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana and or Dundee to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, neither Urbana nor Dundee assumes any obligation to update these forward-looking statements.




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