Canadian Financing Bulletin (CFB) reports $638 million in proposed financings by Canadian Listed Companies and $404 million closed for the week of Feb. 8 to Feb. 12, 2010, shortened by one day for Family Day holiday

Uranium One Launched $250 million debenture placement led by GMP Securities

VANCOUVER--(BUSINESS WIRE)--In this week’s report, the CFB published term sheets for 32 new proposed placements from the mining, oil/gas (termed metals and energy in the report) and technology sectors. Of those, 28 were for mining stocks, three for oil/gas and one for technology stocks, with the total value of new proposals reached over $638m. Four of these placements were designated ‘flow through’ issuances and there was one new debenture offering. The largest new public proposal was by Uranium One Inc. (UUU.TO), which launched a debenture offering for $250m of five year notes - convertible into $4 shares - in a placement led by GMP Securities.

The CFB published term sheets for 47 placements that were closed during the week. Of these, 39 were for mining stocks, four for oil/gas, and four for technology stocks, with the total value of these closings being over $404m. Six of these placements were designated ‘flow through’ issuances and one debenture. The largest public closing was by Silver Standard Resources Inc. (SSR.TO) which issued 6,728,755 new shares (including an 846,402 share overallotment) for gross proceeds of almost $120m in a placement led by UBS Securities Inc.

The CFB also tracked two amendments to placements and five overallotments published at the end of the weekly report. To date, there have been 280 weekly reports created by CFB; backdated reports can be obtained by subscribers.

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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 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 126 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.