Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
- The shareholders of Moto Goldmines Ltd. (TSX:MGL) have approved the share exchange offer from Randgold Resources Ltd. (NASDAQ:GOLD). Pursuant to the arrangement agreement, shareholders of Moto will receive 0.07061 ordinary shares (LSE:RRS) or ADR's (NASDAQ:GOLD) for each share held. The ADR ratio is 1-for-1. Moto will be removed from the S&P/TSX SmallCap and Equity SmallCap indices effective after the close of Tuesday, October 20, 2009.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
About Standard & Poor's Index Services
Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www.standardandpoors.com.
For further information: Tony North, (416) 507-3204, [email protected]; Dave Guarino, (212) 438-1471, [email protected]
Share this article