The Oreninc Index increased slightly for the week ending February 27, 2014. Total dollars announced rose to $176.7m, a two-week high. Seven brokered deals were announced for $89.3m, one of them bought for $70.2m. Average deal size dropped to $4.2m, a two-week low. Deals announced rose to 42, a nine-week high. The increase in number of deals is likely due to the approach of the PDAC International Convention. Though it was only a small increase, seeing the Index improve is a positive step in the right direction.
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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