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Standard & Poor's Announces Changes In S&P/TSX Canadian Indices
TORONTO, Aug. 26 /CNW/ - Standard & Poor's Canadian Index Operations announces the following inde...
About this update from Hudbay Minerals Inc
[{"type":"text","content":"\n\n\n\nTORONTO, Aug. 26 /CNW/ - Standard & Poor's Canadian Index Operations\nannounces the following index changes:\n\n\n- The shareholders of Skye Resources Inc. (TSX:SKR) have accepted the\n share exchange offer from HudBay Minerals Inc. (TSX:HBM). Skye\n Resources shareholders will receive 0.61 common shares of HudBay\n Minerals for each share held. Skye Resources will be removed from the\n S&P/TSX SmallCap, Equity SmallCap and Global Mining indices after the\n close of trading on Wednesday, August 27, 2008. The relative weight\n of HudBay Minerals Inc. (TSX:HBM) will increase in the S&P/TSX Global\n Mining Index to reflect the issuance of shares as part of the\n acquisition of Skye Resources.\n\n\nCompany additions to and deletions from an S&P equity index do not in any\nway reflect an opinion on the investment merits of the company.\n\n\nAbout Standard & Poor's Index Services\n\n\nStandard & Poor's Index Services, the world's leading index provider,\nmaintains a wide variety of investable and benchmark indices to meet an array\nof investor needs. Its family of indices includes the S&P 500, an index with\n$1.5 trillion invested and $4.85 trillion benchmarked, and the S&P Global\n1200, a composite index comprised of seven regional and country headline\nindices. For more information, please visit www.standardandpoors.com/indices.\n\n\nAbout Standard & Poor's\n\n\nStandard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP),\nis the world's foremost provider of financial market intelligence, including\nindependent credit ratings, indices, risk evaluation, investment research and\ndata. With approximately 8,500 employees, including wholly owned affiliates,\nlocated in 23 countries, Standard & Poor's is an essential part of the world's\nfinancial infrastructure and has played a leading role for more than 140 years\nin providing investors with the independent benchmarks they need to feel more\nconfident about their investment and financial decisions. For more\ninformation, visit: www.standardandpoors.com.\n\n\n","length":2201,"tagName":"div"}]