A Share Issuance in the S&P/TSX SmallCap and Global Mining Indices
TORONTO, July 21, 2015 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Imperial Metals Corporation (TSX:III) has announced an offering of rights to subscribe for common shares. Imperial Metals shareholders of record on July 27, 2015, will receive one right for every share held. The combination of 13.73 rights and $CDN8.00 is required to subscribe for one rights share. The ex-date of the transaction is July 23, 2015. Approximately 5.5 mm shares are expected to be issued under the transaction. Effective after the close on Wednesday, July 22, 2015, the relative weight of Imperial Metals will increase in the S&P/TSX Global Mining, Global Base Metals and SmallCap Indices to reflect the issuance of new shares as part of this rights offering. There will be no relative weight change in the S&P/TSX Equal Weight Global Base Metals Index from this transaction.
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For further information: Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, [email protected]; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, [email protected]