VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/04/13 -- 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 34 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology">technology sectors. Of those, 30 were for mining stocks and four for oil/gas stocks with the total value of new proposals reaching over $134m. Three of these placements were designated a 'flow through' issuance and there were no new debenture offerings. The largest new public proposal was by CGX Energy Inc (finance.yahoo.com%2fq%3fs%3doyl.v%26amp%3bql%3d1">OYL.V), which launched an unit offering consisting of 285.7m shares at a price of $0.14 (with a full warrant at a strike price of $0.20) for gross proceeds of $40m in a placement led by GMP Securities.
The CFB published term sheets for 61 placements that were closed during the week. Of these, 45 were for mining stocks, nine for oil/gas, and seven for technology%2f">technology stocks, with the total value of these closings being almost $242m. Five of these placements were designated 'flow through' issuances and one debenture placement closed. The largest public closing was by technology%2fdisplay%2findex.php%3fpid%3d52130">Oncolytics Biotech Inc (finance.yahoo.com%2fq%3fs%3donc.to%26amp%3bql%3d1">ONC.TO) which closed a unit offering consisting of 8m shares at a price of USD$4 for gross proceeds of USD$32m in a placement led by Paradigm Capital.
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