The Oreninc Index rose to its highest level in twelve weeks for the week ending July 25, 2013. The brokered vs. total dollars announced was the highest since January, mostly on the back of Argent Energy Trust’s opening for $75m. Even with the main reason behind the jump being due to one deal, the fact that a company is trying to raise that much through a bought deal shows a small sign of improvement in the financing wasteland that has been Summer 2013.
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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