Market Opens

Michael McQuade, Chief Executive Officer, Algoma Steel Group Inc. (“Algoma” or the “Company”) (TSX: ASTL) and his team joined David Chelich, Sector Head, Business Development, TMX Group, to celebrate the Company’s new listing on Toronto Stock Exchange and open the market. Algoma Steel Group Inc, with operations based in Sault Ste. Marie, Ontario, is a leading Canadian producer of quality steel sheet and plate products with a rich 120-year tradition of steelmaking excellence. With a current raw steel production capacity of an estimated 2.8 million tons per year, Algoma delivers customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors across North America. Algoma is investing in its people and processes and optimizing to embrace a more sustainable future. Algoma is your partner in steel.

Lauren Linton, Executive Director, Canadian Innovation Exchange (CIX), her team and the CIX Top 20 Early and Top 10 Growth 2021 award winning companies, joined Dani Lipkin, Director, Global Business Development, TMX Group, to celebrate the inductees and close the market. CIX Canadian Innovation Exchange is Canada’s largest national startup curation program and venture conference. In its 14th year, CIX showcases Canada’s most promising early and growth-stage startups to global investors and corporates and provides the tools to connect and do deals.

Clive Kinross, Co-Founder and Chief Executive Officer, Propel Holdings Inc. (“Propel” or the “Company”) (TSX: PRL), and his team joined Karoline Hunter, Head, TSX Company Services, TMX Group, to celebrate the Company’s new listing on Toronto Stock Exchange and open the market. Propel is an innovative, online financial technology (“fintech”) company, committed to credit inclusion by providing fair, fast and transparent access to credit with exceptional service using its proprietary online lending platform. Through its operating brands, MoneyKey and CreditFresh, Propel is focused on providing access to credit to the over 60 million underserved U.S. consumers who struggle to access credit from mainstream credit providers. Propel’s revenue growth and profitability have accelerated significantly over the past two years as Propel has been able to facilitate access to credit for an increasing number of consumers, helping them move forward in their credit journeys.

Rizwan Awan, Head of TMX Markets, Products and Services and President, Equity Trading, TMX Group, and his team gathered to celebrate the launch of the new TSX Market on Close® (MOC®) facility and open the market. TMX Group today launched the new TSX MOC, a facility designed to enable investors to source liquidity and participate in trades at the closing price. The new features of the enhanced MOC facility are aimed at providing clients with an improved trading experience, and delivering benefits to the broader Canadian capital markets ecosystem with increased efficiency in determining end-of-day valuations for eligible Toronto Stock Exchange and select TSX Venture Exchange listed issues. TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.