Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
- Eldorado Gold Corporation (TSX:ELD) has announced the successful completion of a scheme of arrangement under Australian law whereby it will acquire all the shares of Sino Gold Mining Limited (ASX:SGX). Shareholders of Sino Gold will receive 0.55 shares of Eldorado for each share of Sino Gold held. The relative weight of Eldorado will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and Equity 60, the S&P/TSX Equity and Capped Equity, the S&P/TSX Capped Materials, the S&P/TSX Global Gold and the S&P/TSX Global Mining indices to reflect the issuance of new shares as part of the transaction, which will be effective after the close of trading on Friday, December 18, 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]
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