By Jamie Hyland
Sydney, NSW — The Canadian Securities Exchange (CSE) has officially expanded its global footprint following the completion of its parent company’s acquisition of the National Stock Exchange of Australia (NSXA).
The transaction, finalized on October 24, 2025, sees CNSX Global Markets Inc. acquire NSX Limited — the parent of NSXA — for AUD $0.04 per share, with an overwhelming 94.78% of NSX shareholders voting in favor.
This marks a transformative development for early-stage and resource-focused companies in both Canada and Australia, connecting two of the world’s most mining-centric capital markets under a shared vision of accessible, venture-oriented finance.
A Cross-Pacific Platform for Growth
The new partnership between the CSE and NSXA aims to strengthen the Australian exchange’s position through upgraded technology, strategic hires, and enhanced listing support for smaller issuers. The initiative will also see CSE CEO Richard Carleton join the NSXA Board, bringing Canada’s proven model for supporting entrepreneurs to the Australian market.
“We welcome the successful completion of this transaction and look forward to giving the Australian market what it needs: greater choice for investors to build wealth and a lower cost of capital for companies to fund their growth, especially in the early-stage and venture space,”
said Tim Hart, Chairman of NSX.
“This is a landmark day in the history of the Canadian Securities Exchange, the National Stock Exchange of Australia, and the entire global marketplace for emerging companies,”
added Richard Carleton, CEO of the CSE.
“With this acquisition, the NSXA is positioned to replicate the CSE’s success in Canada and provide Australia with a public market platform that better meets the capital formation and liquidity needs of entrepreneurial firms.”
A Boon for Mining and Resource Issuers
For the mining sector, this acquisition opens powerful new channels for cross-border capital formation.
Canada and Australia together account for over 60% of the world’s public mining companies, and both jurisdictions are renowned for investor participation in early-stage exploration and development.
The CSE-NSXA alignment will allow junior explorers, developers, and producers to access deeper investor pools and dual-listing opportunities — giving Australian investors exposure to Canadian mining plays and vice-versa.
This is particularly attractive for companies advancing projects across global mineral belts — from the Athabasca Basin to the Pilbara, and from BC’s Golden Triangle to Western Australia’s lithium fields.
“Another exciting aspect of our partnership is the potential for inter or dual-listing opportunities across our exchanges for Australian, Canadian and global companies, which multiple entities in the mining and early-stage tech space are exploring already,” said Max Cunningham, CEO of the NSXA.
Cunningham also noted that a Macquarie Equity Research report identified approximately 550 companies that could list on the NSXA, benefiting from its low-cost platform, tailored compliance, and broad investor access.
Global Synergy for Capital Markets
The acquisition underscores the CSE’s commitment to creating a seamless, international marketplace for emerging growth companies.
Following the transaction, CNSX Group now owns 100% of both the CSE and NSXA, alongside strategic holdings in Tetra Trust Company — Canada’s first qualified custodian for digital assets — and DealMaker, a leading online capital-raising platform.
With Australia’s resource-driven market culture and Canada’s expertise in venture-stage capital formation, the partnership is poised to generate significant benefits for mining issuers, investors, and global capital flows in the years ahead.
About the Canadian Securities Exchange
The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange’s efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity.
Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision. The CSE offers global investors access to an innovative collection of growing and mature companies.
About NSXA
The National Stock Exchange of Australia was formed in 1937 as the Newcastle Stock Exchange. It acquired the Bendigo Stock Exchange in 2005 and changed its name to the National Stock Exchange of Australia in 2006. It relocated its headquarters and operations to Sydney in 2016. NSXA has a Tier 1 market operator licence for the listing and trading of equity securities, corporate debt and investment scheme units.
