TORONTO, May 10 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The unitholders of Daylight Resources Trust (TSX:DAY.UN) have
approved the conversion of the company to a corporate structure
through a Plan of Arrangement. The units will be exchanged on a 1-
for-1 basis for Daylight Energy Ltd. (TSX:DAY). As a result of the
conversion, Daylight Resources Trust will be removed from the S&P/TSX
Income Trust and Capped Energy Trust Indices. Daylight Energy Ltd.
will be added to the S&P/TSX Equity, Capped Equity, Equity Completion
and Equity SmallCap Indices. The conversion is effective after the
close of Tuesday, May 11, 2010. The name and ticker change, with no
change in capitalization, will be effective in the S&P/TSX Composite
and Capped Composite, the S&P/TSX Completion, the S&P/TSX SmallCap
and the S&P/TSX Capped Energy indices.
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