TORONTO, March 27 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Detour Gold Corporation (TSX:DGC) and PDX
Resources Inc. (TSX:PLG) have approved the merger of the two
companies. Pursuant to the transaction, each share of PDX will be
exchanged for 0.2571 shares of Detour. PDX will be removed from the
S&P/TSX SmallCap and Equity SmallCap indices and the relative weight
of Detour will go up in the same indices to reflect the issuance of
new shares as part of the transaction, which will be effective after
the close of Monday, March 30, 2009.
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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