TSX Venture Exchange

The Toronto Venture Exchange, the home to a multitude of around 900 mining companies is suffering a loss of interest during the summer doldrums.

The average raise done in the last couple of weeks was a mere C$700,000, none of which were brokered or bought deals.

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TSX Venture Exchange

The Toronto Venture Exchange, the home to a multitude of around 900 mining companies is suffering a loss of interest during the summer doldrums.

The average raise done in the last couple of weeks was a mere C$700,000, none of which were brokered or bought deals.

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On to the money: total fund raises announced continued to fall to now C$14.0 million, an 18-week low, which included no brokered financings and no bought deal financings. The average offer size fell to a miserly C$0.7 million, a 28-week low, whilst the number of financings grew to 20, a three-week high.