Standard & Poor's Announces Changes in the S&P/TSX Venture Composite and Select Indices
28 October 2011 - 9:09AM
PR Newswire (Canada)
TORONTO, Oct. 31, 2011 /CNW/ - Standard & Poor's will make the
following changes in the S&P/TSX Venture Composite and Select
Indices: Shareholders of Reservoir Capital Corp. (TSXVN:REO)
approved on October 13, 2011, the Plan of Arrangement whereby the
company will spin out certain Serbian mineral exploration permits
to shareholders. For every share of Reservoir Capital held,
shareholders will receive 0.191482444 shares of a new company named
Reservoir Minerals Inc. Reservoir Minerals will trade on TSX
Venture for the first time (the ex-date of the spin-off) on
November 1, 2011, under the ticker symbol "RMC". The spun out
shares of Reservoir Minerals will be added at zero price to the
S&P/TSX Venture Composite and Venture Select Indices after the
close of trading on Monday, October 31, 2011. Effective after the
close of Tuesday, November 1, 2011, the shares of Reservoir
Minerals will be removed from the same two indices. 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 part of McGraw-Hill
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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. About McGraw-Hill Financial
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CONTACT: Tony North Dave Guarino(416) 507-3204 1 212 438
1471sp_index@standardandpoors.com Dave_guarino@standardandpoors.com
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