Latest News and HighlightsPIERIDAE GRADUATES TO THE TSX

2020/06/02

Company Excited About the Prospects Going Forward

Quite the accomplishment for the company to announce as Pieridae has graduated to the Toronto Stock Exchange. Shares are expected to begin being listed June 3.

“This is a big step for our Company, and we look forward to the benefits being part of the TSX provide,” said Pieridae CEO Alfred Sorensen. “The key here is that being a member of the TSX allows Pieridae to tell its story to a bigger investor audience, including the Canadian institutional investment community, which should improve liquidity in the stock.”

Being part of the TSX should provide Pieridae with a number of benefits, including:

  • increased access to capital
  • greater visibility - TSXV graduates listed on the TSX are covered by an average of five analysts
  • access to institutional capital - institutional investors have invested $15 Billion in TSXV graduates
  • enhanced liquidity on world markets - roughly 40% of TSX trading is originated by international headquartered Investment Dealers