Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
11.01.2012 | CNW
TORONTO, Jan. 11, 2012 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:The shareholders of Emerge Oil & Gas Inc. and Twin Butte Energy have approved the business combination between the two companies. Emerge Oil & Gas will be removed from the S&P/TSX SmallCap and the S&P/TSX Equity SmallCap Indices after the close of Friday, January 13, 2012.
At the same time, the relative weight of Twin Butte Energy Ltd. will increase in the S&P/TSX SmallCap and the S&P/TSX Equity SmallCap Indices to reflect the issuance of shares as part of the acquisition of Emergy Oil & Gas Inc.
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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CONTACT:
Standard & Poor's Canadian Index Operations
Tony North Dave Guarino
(416) 507-3204 1 212 438 1471
sp_index@standardandpoors.comDave_guarino@standardandpoors.com
