The Oreninc Index five-week moving average reached a 22-week high, climbing for the third straight week and for the fifth time in six weeks. In addition, 45 offerings were announced last week, the most since February. It certainly appears the summer lull is coming to an end. The major remaining question: will the Fall and Winter markets come back with gusto or will 2013 end as it began?
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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