TORONTO, Dec. 15 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- Eldorado Gold Corporation (TSX:ELD) has announced the successful
completion of a scheme of arrangement under Australian law whereby it
will acquire all the shares of Sino Gold Mining Limited (ASX:SGX).
Shareholders of Sino Gold will receive 0.55 shares of Eldorado for
each share of Sino Gold held. The relative weight of Eldorado will
increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX
60, 60 Capped and Equity 60, the S&P/TSX Equity and Capped Equity,
the S&P/TSX Capped Materials, the S&P/TSX Global Gold and the S&P/TSX
Global Mining indices to reflect the issuance of new shares as part
of the transaction, which will be effective after the close of
trading on Friday, December 18, 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