TORONTO, Oct. 16 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Moto Goldmines Ltd. (TSX:MGL) have approved the
share exchange offer from Randgold Resources Ltd. (NASDAQ: GOLD).
Pursuant to the arrangement agreement, shareholders of Moto will
receive 0.07061 ordinary shares (LSE:RRS) or ADR's (NASDAQ: GOLD) for
each share held. The ADR ratio is 1-for-1. Moto will be removed from
the S&P/TSX SmallCap and Equity SmallCap indices effective after the
close of Tuesday, October 20, 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