The Oreninc Index bounced back for the week ending January 16, 2014. Total dollars announced exploded to $142m, its highest level since before the holiday season. Two brokered deals were announced for $82m, one of which was bought for $70m. The financing market seems to be returning to some relative normalcy after a brutal couple of post-holiday weeks. While still at a relatively low level, this is at least a small bright spot in what has been a rough start to 2014.
Summary:
Major Financing Openings:
Major Financing Closings:
Oreninc also publishes the Oreninc Deal Log, a daily list of all financing activity in the TSX resource sectors. Visit http://oreninc.com to see which companies and sectors to watch. Oreninc also writes custom reports for companies on effective capital raising strategies to help companies maintain long-term shareholder value.
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