Friday, June 15, 2007

Carbon credit fund coming to Canada in CIBC World Markets-led IPO

"Here’s a capital markets riddle: What do you get when you combine two of the most successful IPOs from Britain - carbon emissions trading companies - with one of Canada’s blockbuster financing innovations - pure-play gold, uranium and molybdenum funds. "

"The answer: GHG Emission Credit Participation Corp., which filed last week for an initial public offering on the Toronto Stock Exchange."

From the Toronto Globe and Mail's Streetwise Blog
HT: The Beta Brief