Overall 2011 was a weak year for fundraising, especially since March when the tsunami hit Japan. The market saw a seasonal slowdown due to effects of the tsunami, European debt, and fears of a double-dip recession in the U.S.
At PDAC 2012, Oreninc's MD, Benjamin Cox, presented a detailed overview of not only the financing environment for Canadian juniors, but also the general financing market environment.
He also discussed fundraising trends among junior mining companies based in Canada. The basic questions he addressed were: how much and what type of money was raised in each sector? Which companies raised money?