Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla efficitur turpis a nisl lobortis luctus. In accumsan augue lectus, non
posuere nisl gravida in. Integer orci libero, interdum id interdum euismod, molestie id tellus. Duis non facilisis nulla.
The Oreninc Index fell to its lowest level since February for the week ending April 18, 2013. Total money announced fell to to its lowest level in 2013. Despite the overall drop in money announced, total brokered dollars announced remained almost flat. Unfortunately, here has been 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.
The Oreninc Index fell to a two-week low for the week ending April 11, 2013. Despite the total number of brokered and bought deals reaching a four-week high, the financing markets are clearly continuing to struggle. The recent drop in spot gold may increase concern regarding investing in gold properties--something that may drive the Index even lower given the significance of gold exploration within the Canadian resource financing market.
The Oreninc Index continued its climb during the holiday-shortened week ending April 4, 2013. There were few significant changes between last week and the one preceding it, and adjusted calculations for weeks with fewer trading days caused most of the gains. However, positive market changes did include one bought deal and a slight overall increase in total money announced.
The Oreninc Index climbed to a two-week high during the week ending March 28, 2013. Total dollars announced for the week were up, total offerings announced were down, and no new bought deals were announced for the first time since February. The markets continue their weak journey through 2013, but on a more positive note, the average offer size for March was $4.7 million, up 67% from an average of $2.8 million in January and February.
The Oreninc Index fell to a five-week low for the week ending March 21, 2013. Total deals announced was up, however average offer size was down significantly. The largest factor was changes in brokered offerings from last week, with total brokered dollars announced just one sixth of the week before. The markets have remained very soft, which can be seen by three companies withdrawing offerings they didn’t feel could be supported.
