The TSX Company Manual describes the role of the Toronto Stock
Exchange in capital markets:
The Exchange plays an important role in assisting in the
recruitment of capital and in the maintenance of an effective
secondary market for relatively new enterprises, as well as for
established companies. Exchange listings range from junior mining,
oil, gas and industrial issues to mature international companies.
To accommodate companies with such a diversity of activity and
size, while at the same time ensuring that certain basic standards
are met, the Exchange maintains listing requirements for the
various types of companies which list on the Exchange.
The requirements to list an exploration or development stage
mining company are straightforward and relatively modest:
