���ϴ�����

David Picton, President and Chief Executive Officer, PICTON Investments (“PICTON” or the “Company”) and his team, joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market and celebrate Picton Mahoney Asset Management’s rebrand to PICTON. PICTON’s rebrand is a call to rebuild the investment industry from the Bear Up. This is more than a refreshed look for the brand, but a fundamental repositioning of the firm’s identity and a declaration of intent: to challenge the status quo, lead with a risk-first mindset, and rally a new era of investors, advisors, institutions, and portfolio managers to help them see the power of alternative investments in building better portfolios for their clients. Since the firm was co-founded over 20 years ago, PICTON has partnered with advisors and institutions to offer alternative investments to build portfolios that go beyond traditional approaches – aiming to provide diversified, less correlated return streams that deliver stronger, more stable outcomes for Canadians. With its new rebrand, PICTON is hoping to raise awareness of the importance of moving beyond a traditional portfolio to a fortified 40/30/30 portfolio – 40% equities, 30% fixed income, 30% liquid alternatives – a construction that aims to offer more resilience in all markets, not just bull runs. By embracing the bear and encouraging Canadians to see it as a friend rather than a foe, PICTON aims to change the long-held perception of the bear as a symbol of fear. It now takes center stage as PICTON’s brand anchor. Not as a warning, but as a symbol of strength, adaptability, and preparation. PICTON is investing heavily in its people, processes, platforms, and partnerships because Canadians deserve more certainty in uncertain times. With resilience, discipline, and innovation, the firm is shaping a future where more investors can reach their financial goals with greater certainty. PICTON Investments is a Canadian investment firm with over $13 billion in assets under management, recognized for pioneering alternative investment strategies that challenge traditional thinking. Since 2004, we have been helping advisors and investors rethink portfolio construction – moving away from traditional models toward more resilient, diversified solutions. Leveraging deep expertise in quantitative research, fundamental analysis, and authentic hedging strategies, we champion a modern approach designed to deliver more consistent, risk-adjusted returns. Our philosophy is to “Build from the Bear Up,” embracing a bear mindset of resiliency, adaptability, and strength to provide Canadians with greater certainty.

Jay Rana, Head of J.P. Morgan Asset Management Advisor Business in Canada, J.P. Morgan Asset Management Canada (“JPMAM” or the “Company”) and his team, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Company’s new ETF: JPMorgan US Core Active ETF (TSX: JCOR). JPMorgan US Core Active ETF is built on the strength of J.P. Morgan Asset Management’s global equity platform, which manages more than US$1 trillion in assets and is supported by one of the largest and most experienced fundamental research teams in the industry. The strategy draws on a team-based approach that integrates the insights of 18 dedicated research analysts, each averaging over 20 years of experience. This deep bench of talent and long-standing investment process reflects the firm’s commitment to delivering consistent, long-term results through active management. J.P. Morgan Asset Management, with assets under management of US$3.7 trillion (as of March 31, 2025), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors, and high-net-worth individuals in every major market throughout the world. The firm offers global investment capabilities across equities, fixed income, real estate, hedge funds, private equity, and liquidity.

John McKenzie, Chief Executive Officer, TMX Group, Luc Fortin, President and Chief Executive Officer, Montreal Exchange and Global Head of Trading, TMX Group, and Kevin Sampson, President, The Canadian Depository for Securities Limited (CDS), along with members of CDS, closed the market to celebrate the completion of the complex Post Trade Modernization initiative. On April 28, 2025, CDS implemented upgrades to its foundational clearing technology, which included the replacement of certain legacy systems related to clearing and settlement, as well as depository and entitlement payments. "Post trade modernization represents a game-changer for Canada's equities, fixed income and OTC clearinghouse and a key milestone in the evolution of TMX," said John McKenzie, CEO, TMX Group. "The launch of the new platform advances our core technology capability and ultimately strengthens Canada's ability to compete for global investment. TMX's investment in clearing technology also delivers on our enterprise wide commitment to ensuring these critical systems are efficient, resilient and adaptive. Above all, we are grateful for the contribution of our stakeholders in helping to vault Canada's markets to the front of the global pack."

Jonathan Egilo, President and Chief Executive Officer Axo Copper Corp. (Company) (TSXV: AXO), and his team, joined Sylvain Martel, Managing Director, TSXV Listings, TMX Group, to open the market to celebrate the Company's new listing on ���ϴ����� Venture Exchange. The Company completed its listing, becoming the first issuer to do so under the newly launched TSXV Passport, a program designed to fast-track the listing of advanced applicants meeting specific criteria. Axo Copper Corp. is a Canadian mineral exploration company engaged in the exploration and development of the newly discovered, high-grade La Huerta property, a copper project located in Jalisco, Mexico. Initial exploration has yielded high-grade copper with long intervals at grades in excess of 5% Cu, both at surface through sampling programs, and at depth through initial drilling. The Company is focused on continuing to define near-surface mineralization along the La Huerta Trend, expanding mineralization at depth, and targeting new discoveries in an underexplored district.