Metalnewsnet 27 Jan:

In this week’s report, the CFB published term sheets for 42 new proposed placements from the mining and oil/gas sectors (termed metals and energy in the report). Of those, 31 were for mining stocks, and the total value of new proposals topped $383m. Four of these placements were designated ‘flow through’ issuances and two were debentures. The largest new public proposal was by CGA Mining Corp (CGA.TO), which plans to issue 34m new shares for $74.8m in a placement led by BMO Nesbitt Burns.

The CFB published term sheets for 46 placements that were closed during the week. Of these, 32 were for mining stocks, eight for oil/gas, and six for technology stocks, with the total value of these closings being roughly $79m. Two of these placements were designated ‘flow through’ issuances and two were debentures. The largest public closing was by Mirabela Nickel Ltd (MNB.TO), which issued 4,467,450 new shares for gross proceeds of almost $10m in a non-brokered placement.

The CFB also tracked seven amendments to placements and two cancellations, published at the end of the weekly report.

Click to visit our website: www.canadianfinancing.com

Click to receive the weekly report: http://www.canadianfinancing.com/sign_up/report/index.php

ABOUT US:

The Canadian Finance Bulletin (CFB) has been a leader in tracking financing activities of Canadian capital markets in the mining, energy and technology sectors for over five 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.

Since CFB began offering its weekly report over five 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 121 reports created by CFB; several of these reports are currently posted on the CFB website.

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.