TORONTO, Aug. 29 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, August 29, 2007:
- As part of an amalgamation with Aurogin Resources Ltd. (TSXVN:AUQ), the shares of S&P/TSX Venture Composite Index constituent Morgain Minerals Inc. (TSXVN:MGM) will trade as Castle Gold Corporation (TSXVN:CSG). Holders of Morgain Minerals common shares will receive one share of Castle Gold for every two shares of Morgain held. - The shares of Coral Gold Resources Ltd. (TSXVN:CGR) will split on a 3-1 basis effective at the open today, Wednesday, August 29, 2007. The company will trade under the new ticker symbol "CLH."
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.
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power and Associates. The Corporation has more than 240 offices in 36 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com.