VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/02/13 -- The Canadian Financing Bulletin has been a leader in tracking financing activities of Canadian capital markets in the mining, energy and technology%2f">technology sectors for over seven years. Our unparalleled service offers unique insight into small and micro cap stocks, as well as comprehensive comparative reports detailing the worldwide reach of Canadian companies in these sectors. With the listings of active proposed placements, investors and companies that might not otherwise receive analyst coverage are potentially brought together. As well, we offer coverage of activity in the bond market for users to be made aware of lower-risk opportunities.
In this week's report, the CFB published term sheets for 38 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology">technology sectors. Of those, 31 were for mining stocks, two for oil/gas stocks, and five for technology stocks, with the total value of new proposals reaching almost $189m. Three of these placements were designated a 'flow through' issuance and there were two new debenture offerings. The largest new public proposal was by Guyana Goldfields Inc (finance.yahoo.com%2fq%3fs%3dGUY.TO%26amp%3bql%3d0">GUY.TO), which launched an offering consisting of 29.42m shares at a price of $3.40 for gross proceeds of $100.0m in a placement led by BMO Capital Markets.
The CFB published term sheets for 38 placements that were closed during the week. Of these, 20 were for mining stocks, seven for oil/gas, and seven for technology%2f">technology stocks, with the total value of these closings being almost $202m. Five of these placements were designated 'flow through' issuances and one debenture placement closed. The largest public closing was by NGex Resources Inc (NGQ.TO) which closed an offering consisting of 10m shares at a price of $3.40 for gross proceeds of $34m in a non-brokered placement.
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