TORONTO, Oct. 7, 2011 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX SmallCap Index after the close of trading on Tuesday, October 11, 2011: Shareholders of Candente Copper Corp. approved on August 23, 2011, the Plan of Arrangement whereby the company will spin out certain copper and lead-zinc properties in Peru. For every 5 shares of Candente held, shareholders will receive 1 share of a new company named Cobriza Metals Corp. Cobriza will trade on TSX for the first time (the ex-date of the spin-off) on October 12, 2011, under the ticker symbol "CZA" and the CUSIP number 19105V 10 5. The spun out shares of Cobriza will be added at zero price to the S&P/TSX SmallCap and Equity SmallCap Indices after the close of trading on Tuesday, October 11, 2011. There will be no divisor changes for either of these indices as a result of these additions. Effective after the close of Wednesday, October 12, 2011, the shares of Cobriza will be removed from the same two indices and new divisors will be created. 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. About S&P Indices S&P Indices, a leading brand of the McGraw-Hill Companies , maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit: www.standardandpoors.com/indices. Standard & Poor's Canadian Index Operations CONTACT: Tony North Dave Guarino(416) 507-3204 1 212 438 1471sp_index@standardandpoors.com Dave_guarino@standardandpoors.com

Copyright

Candente Copper (TSX:DNT)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Candente Copper Charts.
Candente Copper (TSX:DNT)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Candente Copper Charts.