Disclaimer: Due to a calculation error resulting from the changeover in year, the Oreninc Index updates from 16/1-6/2/14 included incorrect information regarding the level of the actual Index and related analyses. Affected Index updates have been removed from our website. We apologize for any inconvenience this may have caused (firstname.lastname@example.org, 360-262-6969).
The Oreninc Index fell for the week ending February 13, 2014. Total dollars announced fell to $27m on 19 deals, a five-week low. Brokered and bought dollars were both down, with one deal at $10.8m announced, also a five-week low. After three strong weeks beginning in mid-January, the Oreninc Index fell last week to modest levels and continued to fall even further this week. While this drop in performance is disappointing after a string of encouraging weeks, there is still room for optimism as we approach the PDAC.
Major Financing Openings:
Major Financing Closings:
Oreninc also publishes the Oreninc Deal Log, a daily list of all financing activity in the TSX, TSX-V and CSE 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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