S&P Indices Announces Changes in the S&P/TSX Canadian Indices - Lithium One Inc.

A Deletion from the S&P/TSX Venture Composite and Venture Select Indices

TORONTO, June 27, 2012 - S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Lithium One Inc. (TSXVN:LI) have approved the Plan of Arrangement whereby the company will be acquired by Galaxy Resources Limited (ASX:GXY) in a share exchange. Lithium One will be removed from the S&P/TSX Venture Composite and Venture Select Indices after the close of trading on Friday, June 29, 2012.


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Standard & Poor's Canadian Index Operations
Tony North, Director, Canadian Index Operations
S&P Indices
Tony_north@standardandpoors.com
416-507-3204

David Blitzer, Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3907