Wednesday May 6 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: Chile
Link: http://inter.bolsadesantiago.com/sitios/en/noticias/displayPages/noticias%20bcs/dispnoti.aspx?ID=23
Santiago Stock Exchange (SSE) has announced the launch of Santiago Stock Exchange, Venture (SSEV), a new public venture capital market for small and early-stage companies.
TSX Venture Exchange (TSXV) and SSE entered into an agreement in March 2014 to create a streamlined dual listing process providing companies with access to public venture capital markets in both Chile and Canada. Under this agreement, companies listed on TSXV may choose to list on the new market. SSEV is initially focused on capital formation for small and medium enterprises (SMEs) in the mining sector. The new venture market may expand to other industry sectors at a later stage.
A dual listing on SSEV will allow TSXV-listed companies to not only connect to investors in Chile, but also investment communities in Colombia, Mexico and Peru through the Integrated Latin American Market (MILA), a program that integrates the capital markets of these countries.
Click on the link above for further details.