The Oreninc Index fell to its lowest level since February for the week ending April 18, 2013. Total money announced fell to its lowest level in 2013. Despite the overall drop in money announced, total brokered dollars announced remained almost flat. Unfortunately, there was a 70% drop in total dollars announced when comparing Q1 2011 to Q1 2013. The equity market slump is continuing, with no clear sign of when a turnaround is likely to hit.
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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