Bolsa de Valores de Colombia, Toronto Stock Exchange and TSX Venture Exchange sign Memorandum of Understanding to formalize and promote cooperation between their markets

BOGOTA AND TORONTO, June 7, 2012 /CNW/ - Bolsa de Valores de Colombia (BVC), Toronto Stock Exchange (TSX) and TSX Venture Exchange today announced the signing of a Memorandum of Understanding (MoU) to promote cooperation among the securities markets of Colombia and Canada.

Under the MoU, Toronto Stock Exchange, TSX Venture Exchange and Bolsa de Valores de Colombia will cooperate to share certain information and to undertake certain activities together to facilitate the dual listing of companies in each other's jurisdiction and assist each other with understanding the regime, process and rules for listing and trading securities in each other's jurisdiction.  The exchanges will also explore and develop joint marketing opportunities.

Juan Pablo Cordoba, President of the BVC, was very pleased with the signing of the MoU and explained that "it seeks to bring together Colombian and Canadian markets, and also includes the investor community and issuers from both countries, who have shown a great enthusiasm for taking advantage of opportunities that exist not only in exploration and production of the oil industry, but in all sectors of the economy."

"We are extremely pleased to add this MoU to our well-established commitment to the Latin American region," said Ungad Chadda, Senior Vice President, Toronto Stock Exchange. "We look forward to strengthening our relationship with the Colombian capital markets."

As of April 30, 2012, there are five dual listings between Toronto Stock Exchange and Bolsa de Valores de Colombia. There are 19 companies listed on Toronto Stock Exchange and 43 companies listed on TSX Venture Exchange with operations in Colombia.

About Bolsa de Valores de Colombia (BVC)
Bolsa de Valores de Colombia (BVC) is a corporation supervised by the Superintendencia Financiera de Colombia, operates the trading and registration platforms for equities, fixed income and derivatives. Also BVC provides listing services, market data products and other value added services to its clients. By market size, the BVC is the fourth largest stock exchange in Latin America. Likewise, the BVC is a listed company since July 2007. The BVC has investments in companies that are part of the value chain of the Colombia capital market, among which are: Central Counterparty Risk Clearing House (CRCC), FX Clearing House (CCDC), Energy Commodities Derivatives Company (Derivex), FX Trading Company (Integrados FX) and the Colombian Central Security Depositary Company (Deceval). Currently, the BVC is part of the Integrated Market of Latin American, MILA, an initiative that, by number of issuers, is the largest market in the region, integrated by the stock markets of Chile, Peru and Colombia. For more information see en.bvc.com.co. Follow BVC on Twitter (@ BVCColombia).

About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London and Beijing. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.

Press Contact:

Bolsa de Valores de Colombia
Dirección de Medios y Relaciones Públicas
Jaime Sarmiento-Jorge Alberto Arciniegas
(57+1)3139800 Ext.1246 / 1126
[email protected]

TMX Group
Catherine Kee
Manager, Corporate Communications
(1) 416-814-8834
[email protected]