VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/25/13 -- 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 36 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology">technology sectors. Of those, 29 were for mining stocks, four for oil/gas stocks, and three for technology stocks, with the total value of new proposals reaching almost $336m. Five of these placements were designated a 'flow through' issuance and there was one new debenture offering. The largest new public proposal was by Tourmaline Oil Corp (finance.yahoo.com%2fq%3fs%3dtou.to%26amp%3bql%3d1">TOU.TO), which launched a share offering consisting of 3m shares at a price of $34.25 for gross proceeds of $102.8m in a placement led by Peters & Co.
The CFB published term sheets for 48 placements that were closed during the week. Of these, 38 were for mining stocks, six for oil/gas, and four for technology%2f">technology stocks, with the total value of these closings being almost $521m. Four of these placements were designated 'flow through' issuances and three debenture placements closed. The largest public closing was by Guyana Goldfields Inc (finance.yahoo.com%2fq%3fs%3dguy.to%26amp%3bql%3d1">GUY.TO) which closed a unit offering consisting of 29.4m shares at a price of $3.40 for gross proceeds of $100.0m in a placement led by BMO Capital Markets.
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