ORENINC INDEX – January 23th, 2023

Views

65

Share

ORENINC INDEX – Monday, January 23rd, 2023

North America’s leading junior mining finance data provider

Last Week: 48.42

This week: 63.89

Summary:

  • The number of financings lessened to 24.
  • Four brokered financings were announced this week for $90m, a 6-week high.
  • Three bought deal financings were announced this week for $88m, a 15-week high.
  • Total dollars increased to $115m, a 5-week high.
  • The average offer upped to $4.9m, a 15-week high.

Major Financing Openings:

  • Aya Gold & Silver Inc. (TSX:AYA) opened a $70 million offering underwritten by a syndicate led by Eight Capital on a bought deal The deal is expected to close on or about January 25, 2023.
  • Eloro Resources Ltd. (TSX-V:ELO) opened a $10.08 million offering underwritten by a syndicate led by Cantor Fitzgerald Canada Corp. on a bought-deal basis. Each unit includes a 1/2 warrant that expires in 24 months. The deal is expected to close on or about January 27, 2023.
  • Paycore Minerals Inc. (TSX-V:CORE) opened an $8.07 million offering underwritten by a syndicate led by PI Financial Corp. on a bought-deal basis. The deal is expected to close on or about February 9, 2023.
  • Pampa Metals Corp. (CSE:PM) opened a $3 million offering on a best-efforts basis.  Each unit includes 1 warrant that expires in 36 months. The deal is expected to close on or about February 11, 2023.

Major Financing Closings:

  • Adventus Mining Corp. (TSX-V:ADZN) closed a $6.9 million offering underwritten by a syndicate led by Raymond James Ltd. on a bought-deal basis. The deal is expected to close on or about January 18, 2023.
  • Whitehorse Gold Corp. (TSX-V:WHG) closed a $5.12 million offering on a best-efforts basis. Each unit includes a 1/2 warrant that expires in 24 months. The deal is expected to close on or about January 16, 2023.
  • Traction Uranium Corp. (CSE:TRAC) closed a $3.27 million offering underwritten by a syndicate led by Red Cloud Securities Inc. on a best-efforts basis. Each unit includes a 1/2 warrant that expires in 24 months. The deal is expected to close on or about January 20, 2023.
  • Equity Metals Corp. (TSX-V:EQTY) closed a $2.74 million offering on a best-efforts basis.

 

Close

Newsletter Sign up






    Close

    Become in our Sponsor

      We will contact you to present our sponsor plans and pricing