Optimism at the PDAC 2016 Convention is now being backed by positive signs in financing for junior and intermediate metals and mining companies. SNL’s Monthly Industry Monitor (Global) reported some positive developments in recent months. There were 40 financings over $2.6 million in May, the most since July 2014. In April, there was $614 million financings, slightly less than March at $638 million. Canadian-listed companies accounted for 64% of overall raisings in April, and made up 73% in March.