The Oreninc Index remained flat for the week ending October 3, 2013. Total dollars fell to $79.8m, with an average deal size of $2.4m. Even with the drop in total dollars, broker activity increased sharply to $60.5m on four deals. After a summer of wild fluctuation, this period of relative consistency is a mild surprise. It’s hard to imagine it sticking around, with 2013’s trademark volatility likely to return before we enter back into any sort of real stability.
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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