On Monday, October 1, 108 companies listed on the Montreal Exchange will join 77 Quebec-based companies listed on the Canadian Venture Exchange. The CDNX will also open the doors of its new Montreal office.

“We look forward to working with the Commission des valeurs mobilières du Québec and local market participants to help Quebec-based emerging companies gain access to financing through our market,” said Bill Hess, president, CDNX.

All the 118 ME equity issuers were invited to apply for listing on CDNX, as the ME will now focus solely on the derivatives market. The total number of ME companies listing on CDNX will likely increase from the initial 108 as a few companies are still in the process of completing their applications.

Headquartered in Calgary, CDNX lists approximately 2600 companies from across the country. The exchange also has offices in Vancouver, Winnipeg and Toronto.