TORONTO, June 2 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:
- The shareholders of Western Goldfields Inc. (TSX:WGI) and New Gold
Inc. (TSX:NGD) have approved the combination of the two companies.
Pursuant to the transaction, each share of Western Goldfields will be
exchanged for 1 share of New Gold. Western Goldfields will be removed
from the S&P/TSX SmallCap and Equity SmallCap indices and the
relative weight of New Gold will go up in the same indices to reflect
the issuance of new shares as part of the transaction, which will be
effective after the close of Thursday, June 4, 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.
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For further information:
For further information: Tony North, (416) 507-3204,
firstname.lastname@example.org; Dave Guarino, (212) 438-1471,