B3, Canada’s TSX seal agreement to attract mineral sector | Markets

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B3 and the Toronto Stock Exchange (TSX) will enter into a partnership to foster the attraction of companies from the mineral sector to the Brazilian stock exchange. The memorandum of understanding (MOU) will be signed this Tuesday at the B3 headquarters, with a bell-ringing ceremony to seal the agreement. The plan is that over the next 12 months, the stock exchanges of both countries will join efforts to engage with companies, investors, and market agents to make the project viable.

The format of the partnership is not yet certain, but the plan on the table is to design it together with the market, discussing the subject with the players in the mineral sector themselves. “We want to develop this market in Brazil. The idea is to leverage the experience of the Toronto Stock Exchange for this,” said Leonardo Resende, B3’s customer relationship superintendent, who is leading the project. The Canadian stock exchange is…

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