OSLO, Sept 20 (Reuters) - The Oslo bourse has signed an initial agreement with the Toronto Stock Exchange to make it easier for companies to have dual listings on the markets, the two exchanges said in a statement on Monday.
"Cooperating on important strategic areas for both exchanges will mutually strengthen our two markets and benefit issuers who wish to expand their investor base," Oslo Bors Chief Executive Bente Landsnes said in a statement.
Thomas Kloet, CEO of Toronto bourse-owner TMX Group, said: "We look forward to further exploring the opportunities to strengthen our ties with the Norwegian and European markets."
So far four companies are listed in both Toronto and Oslo, mostly in the energy sector to take advantage of Norwegian investor appetite for exposure to oil and gas producers.
Alberta-registered shale gas producer Questerre is part of the Oslo bourse's bluechip OBX index. (Reporting by Oslo newsroom; Editing by Hans Peters)