The Oreninc Index remained positive for the week ending July 17, 2014. Total dollars announced on the week rose to $175.3m, a three-week high. Four brokered deals were announced for $80.3m, a three-week high. No bought deals were announced for the first time in four weeks.
Despite the metal falling to almost a four-week low on Tuesday, a number of gold deals occurred this week, with Barrick’s deal to Joint Venture with Saudi Arabia Mining on their Jabal Sayid copper mine near Medina, Saudi Arabia leading the way.
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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