A Relative Weight Change for Seven Generations Energy Ltd. (TSX:VII)
TORONTO, Aug. 23, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Seven Generations Energy Ltd. (TSX:VII) has completed the acquisition of certain assets from Paramount Resources Ltd. (TSX:POU). To reflect the issuance of common shares as part of the transaction, the relative weight of Seven Generations Energy will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion and the S&P/TSX Capped Energy Indices after the close of trading on Tuesday, August 30, 2016. There will be no change to the relative weight of Seven Generations Energy in the S&P/TSX Composite Equal Weight or the S&P/TSX Composite High Beta Indices.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices
For further information: Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, firstname.lastname@example.org; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, email@example.com