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S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Merger in the S&P/TSX Composite Index TORONTO , June 29, 2015 /CNW/ - S&am...
About this update from Auq Gold Mining Inc.
[{"type":"text","content":"\n\nA Merger in the S&P/TSX Composite Index\n\n\n\nTORONTO, June 29, 2015 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:\n\nShareholders of Alamos Gold Inc. (TSX:AGI) and AuRico Gold Inc. (TSX:AUQ) have agreed to the terms of a Plan of Arrangement whereby the companies will be merged together under the name Alamos Gold Inc. Alamos shareholders will receive $US0.001 in cash and one share of new Alamos for each share held. AuRico shareholders will receive 0.5046 shares of new Alamos for each share held. The 27.9 million shares of AuRico Gold currently held by Alamos Gold will not be exchanged for new Alamos Gold shares.\n\nThe relative weight of Alamos Gold will increase in the S&P/TSX Composite, Capped Composite and Composite Equal Weight, the S&P/TSX Completion, the S&P/TSX SmallCap, the S&P/TSX Capped Materials, the S&P/TSX Global Mining, Global Gold and Equal Weight Global Gold and the S&P/TSX Composite Dividend Indices after the close of trading on Friday, July 3, 2015, to reflect this share exchange as part of the transaction. AuRico Gold will be removed from all the above indices.\n\nConcurrent with the above events, certain AuRico Gold assets will be spun out into a newly-created company named AuRico Metals Inc. (TSX:AMI). S&P Dow Jones Indices will not recognize this spinoff for index purposes due to its de minimus nature. \n\nAbout S&P Dow Jones IndicesS&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.\n\nS&P is a registered trademark of Standard & Poor's Financial Services LLC (\"S&P\") a part of McGraw Hill Finan...