The Oreninc Index dropped slightly for the week ending November 21, 2013. While this week was lower than last, the financing Index remained strong, with the five-week moving average moving to its highest level since January 3rd of this year. A total of $125m was announced for the week, $82.22m of that brokered. Even though a less active Index next week should be expected due to the US Thanksgiving holiday, it appears that the mercury is rising on the financing market as we move closer to the colder months.
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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