Canadian Financing Bulletin

Canadian Financing Bulletin

June 02, 2012 18:42 ET

Canadian Financing Bulletin (CFB) Reports CDN $106.7m in Proposed and $722.0m Closed Financings for the Week of May 22 - May 25

Cambridge House International's World Resource Investment Conference at the Vancouver Convention Centre (East) is on June 3rd and 4th

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 2, 2012) - The Canadian Financing Bulletin has been a leader in tracking financing activities of Canadian capital markets in the mining, energy and 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 28 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology sectors. Of those, 20 were for mining stocks, six for oil/gas stocks, and two for technology stocks with the total value of new proposals reaching almost $107m. Six of these placements were designated a 'flow through' issuance and there was one new debenture offering. The largest new public proposal was by Canada Lithium Corp (CLQ.V), which launched a share offering consisting of 83.3m shares at a price of $0.36 for gross proceeds of $30m led by Scotia Capital.

The CFB published term sheets for 35 placements that were closed during the week. Of these, 26 were for mining stocks, eight for oil/gas, and one for technology stocks, with the total value of these closings being over $722m. Four of these placements were designated 'flow through' issuances and two debenture placements closed. The largest public closing was by Allied Nevada Gold Corp (ANV.TO) which closed a bond offering consisting of $400m at 8.75%, 7yr notes in a brokered offering.

The CFB also tracked three amendments, one cancellation, and two overallotments to placements published at the end of the weekly report. To date, there have been 400 weekly reports created by CFB; backdated reports can be obtained by subscribers.

Click HERE to download the summary.

About the Cambridge House Conference:

Unlocking a world of resource investment opportunities! World-renown financial commentators Peter Schiff and Doug Casey will headline a cavalcade of resource investment experts June 3-4 at Cambridge House International's World Resource Investment Conference at the Vancouver Convention Centre (East).

"With Canadian junior companies accounting for 60 percent of the world's exploration for new resource and mineral deposits, and with commodities experiencing a technical downturn in the middle of a 20-year bull market, opportunities have never been greater for savvy investors and bargain hunters," said Joe Martin, President, Cambridge House International.

Some 250 exploration companies and resource producers will be on hand at the Vancouver conference, with attendance estimated between 5,000 and 6,000 people for the Sunday-Monday event.

Other headline speakers scheduled include: Frank Holmes, CEO, U.S. Global Investors; Rick Rule, Chairman, Global Resources Investments, Ltd.; Dollar Vigilante and Stockhouse founder Jeff Berwick; John Kaiser, Kaiser Research; Joshua Brown, The Reformed Broker; Bill Murphy, Chairman, Gold Anti-Trust Action Committee, and; Dr. Michael Berry, Morning Notes.

A fund-raising dinner to honor the late David Coffin will cap the World Resource Investment Conference from 6 p.m. to 10 p.m. Monday, June 4. Proceeds from the dinner and auction will inure to the benefit of the David J. Coffin Memorial Bursary in Geology at the University of British Columbia.

Admission is free to the investing public and may be accomplished on the conference website.

About the CFB and Blender Media:

The Canadian Financing Bulletin is produced and distributed by Blender Media, an integrated creative agency specializing in both online and print design, development and maintenance. Blender Media's work includes extensive strategies for shareholder communication, intuitive design interfaces and the opportunity to be memorable in a sea of investment possibilities.

Blender Media has the support of over 450 satisfied clients and utilizes investor focused online exposure solutions that help clients stay in touch with their shareholders, including the CFB.

Since CFB began offering its weekly report over seven years ago, it has developed other more wide reaching reports that have now been published. Our quarterly and year-in-review reports provide charts, graphs and other comparative tables that exhibit sophisticated capital market intelligence. The data in these reports has been read by thousands of executives, investment advisors, fund managers, and investors from around the world. CFB has also recently begun offering specialized monthly reports, focusing on individual segments within the sectors CFB covers (i.e., gold, uranium, oil, etc.) To date, there have been 169 reports created by CFB; several of these reports are currently posted on the CFB website.

As one can see, CFB offers an important perspective into Canadian capital markets. These markets play a crucial role in the financing of companies active worldwide in various business sectors, specifically for natural resources exploration and development. Canada maintains a leadership role due to a number of factors:

  • A history of significant natural resources;
  • Efficient and transparent capital markets;
  • Strong backing from the investment community; and
  • Regional clusters of the world's most innovative, organized and aggressive exploration and development personnel, in cities like Vancouver, Calgary and Toronto.

Follow us on twitter

Contact Information