egX Marketplaces

Corporate Brochure Corporate Brochure (High Res)
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egX Group Highlight Sheet


egX Canada
 
Concept

egX Canada Inc.

www.egXCanada.com

Mission
To provide a regulated, liquid and transparent marketplace for the listing and trading of real estate securities and related financial products


egX Group is preparing to launch its first marketplace in Canada under egX Canada Inc., a wholly-owned subsidiary of egX Group.

Recognition as an exchange – egX Canada

Securities exchanges operating in Canada are required to be recognized or be exempt from recognition under applicable securities legislation. On March 14, 2007, the British Columbia Securities Commission (BCSC) recognized egX Canada as an exchange under section 24 of the Securities Act (British Columbia). We are seeking recognition or exemption from recognition from other securities regulatory authorities in Canada to operate egX Canada as a national exchange.

Real estate securities – listing information

Real estate is typically financed privately or through traditional lending means (debt). By listing on egX Canada, issuers will be able to raise capital through the capital markets (equity) in a transparent, liquid and regulated environment.

To-date, real estate securities traditionally take the form of Real Estate Investment Trusts (REITs), which provides investors with access to a pool of assets. In addition to REITs, egX Canada will offer new real estate products to the capital markets: new security structures for revenue-producing real estate issuers, listed mortgage pools and mortgage-backed securities, land banking issuers, and infrastructure projects.

Value to Issuers

By creating a liquid, fair, and well-informed marketplace for the efficient electronic trading of real estate securities, egX Canada will provide a number of potential benefits to issuers:
  • Real estate owners will have access to new sources of capital,
  • A secondary market for trading real estate assets will be created, resulting in increased liquidity,
  • Once listed, the costs normally associated with the acquisition or disposition of real property may be minimized,
  • The cost of capital for issuers is potentially lower in the public markets than the cost of raising funds privately,
  • Developers may have better opportunities to attract interim participation from interested parties as the IPO process will provide an exit strategy for those involved in the development or construction phase of the project. This will provide a faster turnaround of capital for new projects. As a result, developers may be able to participate in a greater number of projects,
  • Property owners and initial investors will be able to extract capital from a property through a partial disposition, while maintaining control over the assets,
  • There will be increased opportunities for real estate companies to divest portions of their existing properties to raise funds for other investment opportunities, and
  • Issuers will be able to use their securities as currency to facilitate joint venture and acquisition activity.

Download egX Canada's Going Public Brochure.
For more information, please visit the egX Canada web site at www.egXCanada.com

*Forward looking information caution
 
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