'Surprising strength' - CSE's Richard Carleton on resource sector's resilience RichardCarleton VRIC
- Despite tough headwinds in the latter half of 2022, the resource sector kept growing, noted Canadian Securities Exchange CEO Richard Carleton. The Canadian Securities Exchange, or CSE, is operated by CNSX Markets. Recognized as a stock exchange in 2004, the CSE began operations in 2003. Its stated goal is to"provide a modern and efficient alternative for companies looking to access the Canadian public capital markets." Carelton was appointed CEO in July 2011.
"There was surprising strength, maybe not in trading or asset valuations, but we did have 101 new companies list on the exchange over the course of the year, and I believe 74 of those companies were actually mining companies," said Carleton, who estimated that about $500 million was raised for both existing and newly listed companies on the exchange.
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