TORONTO, Oct. 13 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Highpine Oil & Gas Limited (TSX:HPX) have
accepted the unit exchange offer from Daylight Resources Trust
(TSX:DAY.UN). Pursuant to the arrangement agreement, shareholders of
Highpine will receive 0.85 units of Daylight for each share held.
Highpine will be removed from the S&P/TSX SmallCap and Equity
SmallCap indices and the relative weight of Daylight will increase in
the S&P/TSX SmallCap index to reflect the issuance of new units as
part of the transaction, which will be effective after the close of
Thursday, October 15, 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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SOURCE Standard & Poor's Canadian Index Operations
For further information: For further information: Tony North, (416) 507-3204, email@example.com; Dave Guarino, (212) 438-1471, Dave_guarino@standardandpoors.com