Canadian Financing Bulletin (CFB) Reports CDN Financings for the Week of January 03-06 and Announces the Upcoming …

VANCOUVER, BRITISH COLUMBIA–(Marketwire -01/11/12)- 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.
Vancouver Resource Investment Conference at the Vancouver Convention Centre is Cambridge House’s largest annual conference. This year’s conference will surpass previous years’ numbers with approximately 500 booths on the tradeshow floor representing more than 600 junior resource mining companies. Two speaking halls along with six workshops will run concurrently over the two-day conference providing investors with up to date information from industry experts. New this year, will be the launch of Cambridge House’s Investor College. The purpose of the college will be to deliver educational information to the junior or senior investor. A broadcast centre will also be located at the middle of the trade show floor where live onstage media will record and broadcast at various locations around the conference.
Also new this year; there will be a debate between Frank Holmes and Gordon Chang:
DEBATE: This January we have confirmed internationally acclaimed bestselling author, Gordon Chang and award winning philanthropist and global leader in fund managing, Frank E. Holmes. Frank Holmes is the Chief Executive and Chief Investment Officer at US Global Investors. He is also the recipient of both Mining Fund Manager of the Year Award from The Mining Journal and International Citizen of the Year Award from the World Affairs Council of America. Gordon Chang literally wrote the book on why one should be wary of China’s growth. Published in 2006, The Coming Collapse of China is a piece that is still gaining momentum and has attracted the attention from the likes of the LA Times to Asia Times and all in between. One might be familiar with Chang from appearances on Fox News or his regular contributions to Business Insider. On January 23, these two intellectual behemoths will take off the gloves and debate whether China is on a course to Grow, Slow or Blow. Don’t miss this and many more exciting features that will be on display at the 2012 Vancouver Resource Investment Conference.
In this week’s report, the CFB published term sheets for 10 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology sectors. Of those, nine were for mining stocks and one for technology stocks, with the total value of new proposals reaching almost $7m. None of these placements were designated a ‘flow through’ issuance and there were no new debenture offering. The largest new public proposal was by Bannerman Resources Ltd (BAN.V), which launched a share offering consisting of 17.78m shares at a price of $0.225 for gross proceeds of $4.182m in a non-brokered placement.
The CFB published term sheets for 39 placements that were closed during the week. Of these, 27 were for mining stocks, four for oil/gas, and eight for technology stocks, with the total value of these closings being almost $248m. Eight of these placements were designated ‘flow through’ issuances and one debenture placement closed. The largest public closing was by Yoho Resources Inc. (YO.TO) which issued 4.55m shares at a price of $3.30 for gross proceeds of $15m in an offering led by FirstEnergy Capital.
The CFB also tracked three amendments to placements published at the end of the weekly report. To date, there have been 380 weekly reports created by CFB; backdated reports can be obtained by subscribers.
Click HERE to download the summary.
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.

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Fitch Affirms Dominican Republic’s FC IDR at ‘B’; Outlook Positive

NEW YORK–(BUSINESS WIRE)– Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and Country Ceiling for the Dominican Republic as follows:
–Foreign currency IDR at ‘B’;
–Local currency IDR at ‘B’;
–Foreign currency short-term IDR at ‘B’;
–Country ceiling at ‘B+’.
The Rating Outlook is maintained as Positive.
The Positive Outlook reflects the Dominican Republic’s good macroeconomic performance, improving prospects for higher export earnings due to the development of the mining sector, and increased availability of external and domestic financing sources. However, Fitch notes that the uncertainty surrounding the IMF program and the upcoming electoral cycle, as well as risks stemming from the global economy presently detract from the sovereign’s improving credit profile.
The Dominican Republic’ ratings are underpinned by moderate debt levels, higher GDP per capita than peers, relatively strong social development indicators, and a competitive business environment that supports foreign direct investment inflows.
In spite of growth slowing down to an estimated 4.4% in 2011, the Dominican Republic’s five-year average growth performance remains in line with peers. Inflation, averaging approximately 8.5% in 2011, is lower than the ‘B’ category median. The expected move to a formal inflation-targeting regime in 2012 could further enhance macroeconomic stability over the medium term.
‘Rising mining export volumes are strengthening the capacity of the economy to generate larger and more resilient current external receipts, mitigating long-standing external balance sheet vulnerabilities,’ said Cesar Arias, Associate Director in Fitch’s Sovereign Group. As a result, Fitch expects the current account deficit to fall below the ‘B’ median of 5% of GDP by 2013.
‘The sovereign has benefited from broad multilateral financial support, sustained access to international capital markets and the rapid development of the domestic bond market,’ added Arias. Moreover, the Treasury has pre-funded its entire 2012 external market issuance program and secured USD1 billion in budget support and project financing for 2012.
Buoyed by multilateral disbursements, reserves remain at historic highs and above the adequacy targets agreed with the IMF, supporting the sustainability of the managed exchange rate. Nevertheless, external liquidity ratio, at 97% in 2012, is significantly weaker than peers, and the country’s external financing needs are among the highest in the ‘B’ category.
Thus, Fitch notes that preserving macroeconomic stability and the continued support from multilaterals remains important for anchoring investor confidence and reducing external vulnerabilities.
A narrow revenue base and burdensome electricity subsidies have slowed fiscal consolidation and delayed the full implementation of the IMF’s Stand-By Arrangement and the concomitant disbursements. Yet, Fitch estimates that fiscal deficit was moderate in 2011 owing to expenditure restraint and additional receipts from the tax reform. Moreover, government debt, at 29% of GDP, remains lower than peers, and amortization payments are manageable in comparison to ‘B’ and ‘BB’ peers.
Moving forward, greater confidence in the ability of the next government to maintain macroeconomic stability and broad multilateral financing support would be positive for creditworthiness. A sustained reduction in the country’s external vulnerabilities would also put upward pressure on the ratings. On the other hand, a sharp decline in non-debt-creating capital inflows or a confidence shock as a result of the electoral process resulting in currency pressures and a marked erosion of international reserves would be negative for the ratings.
Additional information is available at ‘www.fitchratings.com’. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
–’Sovereign Rating Methodology’ (Aug. 15, 2011).
Applicable Criteria and Related Research:
Sovereign Rating Methodology
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=648978
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY’S PUBLIC WEBSITE ‘WWW.FITCHRATINGS.COM’. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH’S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE ‘CODE OF CONDUCT’ SECTION OF THIS SITE

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Canadian Financing Bulletin (CFB) Reports CDN $575.4m in Proposed and $794.9m Closed Financings for the Week of …

VANCOUVER, BRITISH COLUMBIA–(Marketwire -12/06/11)- 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 56 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology sectors. Of those, 57 were for mining stocks, 17 for oil/gas stocks, and two for technology stocks, with the total value of new proposals reaching over $545m. 19 of these placements were designated a ‘flow through’ issuance and there was one new debenture offering. The largest new public proposal was by Karnalyte Resources Inc. (KRN.TO), which launched a share offering consisting of 8.65m shares at a price of $13.30 for gross proceeds of over $115m in a placement led by BMO Capital Markets.
The CFB published term sheets for 82 placements that were closed during the week. Of these, 57 were for mining stocks, 20 for oil/gas, and five for technology stocks, with the total value of these closings being almost $795m. 27 of these placements were designated ‘flow through’ issuances and one debenture placement closed. The largest public closing was by Vermilion Energy Inc. (VET.TO) which issued 5.37m shares (including a 265,000 share overallotment) at a price of $49 in an offering led by BMO Capital Markets.
The CFB also tracked three amendments to placements and six overallotments, published at the end of the weekly report. To date, there have been 375 weekly reports created by CFB; backdated reports can be obtained by subscribers.
Click HERE to download the summary.
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

http://tourism9.com/