Business
Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
Dec. 22, 2010 (Canada NewsWire Group) -- TORONTO, Dec. 22 /CNW/ - Standard & Poor's Canadian ...
About this update from Touchstone Exploration Inc
[{"type":"text","content":"\n\n\n\n Dec. 22, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, Dec. 22 /CNW/ - Standard & Poor's Canadian Index Operations\n announces the following index changes: \n\n\n\nThe shareholders of Petrobank Energy and Resources Ltd. (TSX:PBG) and\n Petrominerales Ltd. (TSX:PMG) have approved the Arrangement Agreement\n whereby Petrobank shareholders will receive Petrobank's proportionate\n interest in Petrominerales. Shareholders of Petrobank will receive\n 0.614 common shares of Petrominerales for each common share held.\n Petrominerales will also change its domicile to Canada. The distributed\n shares of Petrominerales will be added the S&P/TSX Composite and Capped\n Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion\n and Equity Completion and the S&P/TSX Capped Energy Indices. These\n changes will all be effective after the close of trading on Friday,\n December 24, 2010\n\n\n\nCompany additions to and deletions from an S&P equity index do not in\n any way reflect an opinion on the investment merits of the company.\n\n\nAbout S&P Indices\n\n\nS&P Indices, a part of McGraw-Hill Financial, is the world's leading\n index provider maintaining a wide variety of investable and benchmark\n indices. Over $1.25 trillion is directly indexed to Standard & Poor's\n family of indices, which includes the S&P 500, the world's most\n followed stock market index, the S&P/Case-Shiller Home Price Indices,\n the leading measure of U.S. home prices, the S&P Glob...