STOCK LISTING NEWS London Exchange Wants Canadian Companies

LONDON, U.K. The LONDON STOCK EXCHANGE has embarked on a marketing plan to attract Canadian companies. Over the l...

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LONDON, U.K. The LONDON STOCK EXCHANGE has embarked on a marketing plan to attract Canadian companies. Over the last nine months, five Canadian companies have been listed, bringing the Canadian contingent up to 46 issuers with a combined value of over Cdn$160 billion. Among the resource-based enterprises are Alcan, Barrick, First Quantum, Inco, Lionore, Mano River Resources, Republic Goldfields, SouthernEra, and Thistle Mining.

"London is open to Canadian issuers irrespective of sector or size. There is capital waiting for those with good stories to tell," said the LSE's head of issuer services Philip Mastriforte. "Our governance standards are world-class, and the route to our markets is straightforward and familiar to Canadian issuers."

The LSE is first targeting international companies that are already listed on a North American exchange.

Mastriforte is in Canada this week to meet with potential new clients and can be contacted through The Barnes Organization, a Toronto-based investor relations consultancy. Call Allan Austin, 416-367-5000, at Barnes.

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