Urbana Corporation Applauds CSE's Acquisition of Australia's National Stock Exchange

Reuters
05-22
Urbana Corporation Applauds CSE's Acquisition of Australia's National Stock Exchange

TORONTO, May 22, 2025 - Urbana Corporation has announced that CSNX Markets Inc., operator of the Canadian Securities Exchange $(CSE.AU)$, has entered into an agreement to acquire the National Stock Exchange of Australia (NSXA) from NSX Limited. This all-cash transaction will allow the CSE to broaden its geographic presence by aligning with an exchange that shares a focus on early stage, entrepreneurial companies, particularly in the resource sector. The acquisition is expected to be completed in the third quarter of 2025, pending necessary approvals. Richard Carleton, CEO of the CSE, highlighted the expansion of global listings as a key benefit of the partnership, mirroring the CSE's growth strategy over the past two decades.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urbana Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9456647-en) on May 22, 2025, and is solely responsible for the information contained therein.

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