The Oreninc Index rebounded to its highest level in 13 weeks for the week ending November 7, 2013. Total dollars announced jumped to $260.7m, $181.1m of that brokered on six deals. Total deals also jumped up to 44, an 11-week high. These numbers eclipse even the performance of two weeks ago, which was previously one of the better-performing weeks since last winter. It is encouraging to have two out of three good weeks; still, there will need to be a couple more like this before we can even get close to where we were last year.
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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