SOURCE: Frontier College

Frontier College

March 03, 2016 09:00 ET

CIBC Wins the TMX Cup at Frontier College's SCRABBLE® Corporate Challenge

12th Annual Fundraiser for Literacy

TORONTO, ON--(Marketwired - March 03, 2016) -  Last night, senior executives from Bay Street's financial, legal, technology and accounting sectors competed in the 12th annual SCRABBLE® Corporate Challenge, presented by TMX Group and hosted by Pat Bolland.

CIBC demonstrated their SCRABBLE® acumen and prowess by winning the TMX Cup with a score of 724 points. They will open trading on Toronto Stock Exchange on March 14. Funds raised at last night's event support Frontier College, Canada's original literacy organization.

"We offer our congratulations to the CIBC team for their exciting win," said Sarah Thompson, Acting Co-President & Co-CEO, Frontier College. "We are inspired by the success of this fundraiser for Frontier College, now in its 12th year. It's a wonderful reminder of the value that the corporate community places on literacy."

"Congratulations to all of the teams and sponsors who participated and demonstrated their support for literacy in Canada," said Lou Eccleston, CEO, TMX Group. "A special congratulations to this year's 2016 TMX Cup Champions for their well-earned victory."

Sponsored by TMX Group, the SCRABBLE® Corporate Challenge hosted 35 teams at Arcadian Court for an evening of fun, while supporting literacy. Teams had the opportunity to up the ante by hiring local and international SCRABBLE® champions, to help spell winning words. While playing for the chance to win the TMX Cup, teams competed in their industry conferences. The 2016 conference winners are:

CIBC - Financial Services

PwC - Advisory Services

CaTECH Systems Ltd. - Technology, Telecommunications & Information Services

A tournament based on the word game SCRABBLE® is the perfect event to bring awareness to low literacy rates in Canada. Since 2005, the tournament has raised $3 million dollars for Frontier College and its important mission to improve literacy rates across Canada.

About Frontier College

Frontier College has been a leader in providing literacy programs since 1899. Literacy is an essential skill in today's world. We believe it's a fundamental right. Through a network of thousands of volunteers, Frontier College is helping Canadians to realize their potential and seize opportunities. For more information about Frontier College visit www.frontiercollege.ca.

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

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