Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

2017 TSX IPOs - October Update

|Includes: Ero Copper Corp. (ERRPF), FFXXF, FRHHF, GOOS, MEDFF, NEXA, RLLMF, SCEYF, ZYME
Summary

This monthly blog post is intended to keep investors informed on  Canadian IPOs.

See anything missing? Please DM me

Sign-up for Loonies, Toonies and More for IPO previews, alerts and analysis

This blog will be a monthly feature to reflect new and relevant information with respect to upcoming Canadian Initial Public Offerings [IPOs] who have expressed interest to list on the Toronto Stock Exchange (TSX).  The intent is to track the company's progress throughout the IPO process and provide a compliment to the Loonies, Toonies and More marketplace service. 

Of note, unless otherwise noted, all prices are in Canadian dollars.

UPCOMING TSX IPOs

Company Name

TSX

Ticker

Prospectus

Expected

IPO Date

Expected

List Price

Actual

List Price

Stelco STLC 27/09/17 $16.00-$18.00
AQTWN  06/10/17

RECENTLY CLOSED

Company Name

TSX

Ticker

IPO

Date

Expected

List Price

Actual

List Price

Freshii Inc.

(OTCPK:FRHHF)

FRII 31/01/17 $8.50-$10.00 $11.50

Fairfax African Holdings*

(OTCPK:FFXXF)

FAH.U 17/02/17 $10.00 $10.00

Canada Goose

(GOOS)

GOOS 16/03/17 $14.00-$16.00 $17.00

Source Energy Services

(OTC:SCEYF)

SHLE 13/04/17 $17.00-$20.00 $10.50

Zymeworks Inc*

(ZYME)

ZYME 28/04/17 $13.00-$16.00 $13.00

STEP Energy Services

()

STEP 02/05/17 $14.00-$16.00 $10.00

Real Matters Inc.

(OTC:RLLMF)

REAL 11/05/17 $12.00-$13.00 $13.00

Kinder Morgan Canada

()

KML 30/05/17 $19.00-$21.00 $17.00

Medreleaf Corp.

(OTCPK:MEDFF)

LEAF 07/06/17 $9.50-$10.50 $9.50

Jamieson Wellness Inc.

()

JWEL 07/07/17 $14.00-$16.00 $15.75

Titan Mining Corp.

()

TI 19/10/17 $1.40-$1.50 $1.40

Ero Copper

(OTC:ERRPF)

ERO 19/10/17 $4.50-$5.50 $4.75

Roots Inc.

()

ROOT 25/10/17 $14.00-$16.00 $12.00

Nexa Resources SA

(NEXA)

NEXA 27/10/17 $18.00-$21.00 $16.00

* Fairfax African Holdings, Nexa and Zymeworks listing prices are in US dollars. 

CANCELLED, WITHDRAWN OR DELAYED 

Company Name

TSX

Ticker

Prospectus

Expected

IPO Date

Expected

List Price

Actual

List Price

Firewood Energy 4/10/17 $4.50-$5.50

RECENT UPDATES (PAST MONTH)

October 27, 2017 - Nexa Resources (NEXA) began trading on the TSX opening at C$21.06 which was above their list price of approximately C$20.80.  The stock ended its first day up a respectable 5.06%.

October 25, 2017 - Roots began trading on the TSX opening at C$11.50 which was below their list price of C$12.00.  The stock got off to a rough start ending its first day of trading down 13.04%.

October 23, 2017 - Canadian steel maker Stelco Holdings Inc announced that it expects to price its IPO between C$16.00-C$18.00/share.

October 23, 2017 -  I received notice that the Firewood Energy IPO has either been withdrawn, cancelled outright or delayed. 

October 19, 2017 - Ero Copper (OTC:ERRPF) [TSE:ERO] closed their IPO and began trading on the TSX.  The stock opened at C$4.95 before closing at $4.75, down 4.04%.

October 18, 2017 - Canadian fashion icon Roots [TSE:ROOT] finalized their list price at C$12.00/share, below their expected list price of C$14.00-C$16.00.

October 17, 2017 - Mining company Nexa Resources (NEXA) [TSE: NEXA] announced they expect to price their IPO between $18.00-$21.00.

If you like what you read, please click the "Follow" text at the top of this page next to my profile. 

Interested in diversifying your portfolio through exposure to Canadian stocks?  Looking for Canadian dividend and growth investment ideas?  Want more Canadian IPO coverage? Try the free trial and sign up for Loonies, Toonies & More!

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.