VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/11/13 -- 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 31 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology">technology sectors. Of those, 20 were for mining stocks, seven for oil/gas stocks, and four for technology, with the total value of new proposals reaching over $226m. Six of these placements were designated a 'flow through' issuance and there were two new debenture offerings. The largest new public proposal was by Kelt Exploration Ltd (finance.yahoo.com%2fq%3fs%3dkel.to%26amp%3bql%3d1">KEL.TO), which launched a share offering consisting of 17m shares at a price of $5.55 (6m non-brokered) for gross proceeds of $94.35m in a placement led by Peter's & Co.
The CFB published term sheets for 36 placements that were closed during the week. Of these, 25 were for mining stocks, five for oil/gas, and six for technology%2f">technology stocks, with the total value of these closings being over $229m. Five of these placements were designated 'flow through' issuances and three debenture placements closed. The largest public closing was by San Gold Resources Corp (finance.yahoo.com%2fq%3fs%3dsgr.to%26amp%3bql%3d1">SGR.TO) which closed a debenture offering consisting of $50m worth of 8%, 5yr debentures in a placement led by Paradigm Capital.
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