CMB Registration Fee
A 0.02 per cent registration fee is paid to the CMB over the sales value of the shares registered.

Exchange Fee
Companies pay 0.01 per cent fee on admission to the ECM Directory, and ¼ of 0.01 per cent in the following years over the nominal value of their shares included in the ECM Directory. However, ECM companies are exempt from these Exchange fees until 2013.

CRA Fees
The CRA charges a 0.01 percent membership fee over the capital and 0.005 percent process fee for registered capital increases over the nominal value for ECM companies.

Independent Audit Fee
Paid to the contracted audit firm for the annual independent audit report.

Market Advisor Fee
A fee payable to the contracted market advisor, which is set by the parties freely.

Legal Counsel Fee
A fee may be paid for legal counsel if obtained, to document the legal status of the company for ECM application.

Intermediation Fee
Fee payable to an intermediary institution executing the public offering or private placement.

Other Fees
Expenses that the company may incur for application arrangements, publicity activities etc., excluding the above listed fees.