Corridor Resources Inc. (TSX-CDH)
Corridor Resources Inc. is a junior resource company engaged in the exploration for petroleum and natural gas onshore in New Brunswick, Prince Edward Island and Québec and offshore in the Gulf of St. Lawrence and the production of natural gas in New Brunswick. Jennings, through its research, corporate finance, and trading departments, started covering Corridor in 2001 when the company was in an early exploration phase in an under-explored and, at that time, unproven hydrocarbon basin in Eastern Canada.
Since 2001, Jennings has acted as lead, co-lead, underwriter, or agent for Corridor in 11 issues, raising a total of $250 million for Corridor (including bought deal announced June 2, 2008, pending closing). In addition, Jennings has continued to prove active research coverage on Corridor. Further, Jennings has been Corridor’s most active trader, accounting for close to 30% of the buy volume and 27% of the total traded volume since 2002.

