TORONTO, Oct. 16 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, October 16, 2009:
- The shares of Western GeoPower Corp. (TSXV:WGP) will be removed from
the index. The company has been acquired by GTO Resources Inc. through
a Plan of Arrangement.
- The shares of Buffalo Resources Corp. (TSXV:BFR) will be removed from
the index. The company has been acquired by Twin Butte Energy Ltd.
(TSX:TBE) subsequent to an Arrangement Agreement.
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.
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 more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
SOURCE Standard & Poor's Canadian Index Operations
For further information: For further information: Tony North, (416) 507-3204, firstname.lastname@example.org; Dave Guarino, (212) 438-1471, Dave_guarino@standardandpoors.com