RE: stockwatchHere ya go:
The National Post reports in its Tuesday, June 13, edition the name Haywood Securities can be added to the list of securities firms that have raised capital for ventures in China. The Post's Barry Critchley writes that last November, Haywood led the syndicate that raised $25.1-million for Mundoro Mining. Sprott Securities and Desjardins Securities were also in the syndicate. The syndicate sold 8.5 million units at $2.95 a shot. Mundoro shares are listed on the TSX Venture Exchange. Mundoro defines itself as a company focused on the exploration and development of a gold deposit in China. As for Haywood, it was also in the syndicate for the $18.1-million offering by Migao. Haywood had a 20-per-cent interest. Research Capital and CIBC World Markets each had a 40-per-cent interest. Two of the firm's analysts, Greg Smith and Jim Mustard, have published on Chinese companies listed in Canada, notes Mr. Critchley. Mundoro stock closed off 19 cents at $1.89 Monday. Mundoro stock has a 52-week trading range of $3.40 to $1.42. Migao stock closed unchanged Monday at $3.