Canadian National Stock Exchange Lists Record IPO
TORONTO – April 4, 2011 – CNSX Markets Inc. today announced that the Brookfield New Horizon Income Fund has successfully listed on the Canadian National Stock Exchange (CNSX) having raised $130 million, a record for an IPO on CNSX.
The Brookfield New Horizon Income Fund is managed by Brookfield Investment Management (Canada) Inc. (a subsidiary of Brookfield Asset Management Inc). The Fund has been created to obtain exposure to a portfolio which will focus on, but not be limited to, investments in high yield corporate debt, and publicly-listed securities in infrastructure and real estate companies, across a global universe. It is listed under the stock symbol BIF.UN
“This is the largest IPO on CNSX to date”, noted William Woods, Managing Director – Listed Market. “CNSX is the ideal exchange to list investment funds, structured products and debt securities because it has a streamlined listing process, with product specific listing policies designed to attract funds like this Brookfield fund, and the lowest listing fees in Canada”, he added.
For more information about listing on CNSX, please contact:
CNSX Markets Inc.
William Woods – Managing Director, Listed Market
T: 416-572-2000 x 2363
E: firstname.lastname@example.org OR
James Black (Vancouver): 604-331-1213 x 227
Mark Francis (Calgary): 403-532-7870
Scott Pritchard (Montreal): 514-594-6848
Or visit our website: www.cnsx.ca
About CNSX Markets:
CNSX Markets Inc. is a Canadian company that operates two distinct markets: The Canadian National Stock Exchange; and Pure Trading, which provides a high-speed trading venue for stocks listed on other Canadian stock exchanges.
CNSX competes for listings and trading by offering lower listing fees and innovative continuous disclosure features designed to minimize regulatory costs while improving the quality of information available to investors. With over 140 securities listed, CNSX is a full service exchange for issuers of various types of securities from all business sectors.