TORONTO, Sept. 4 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Aurelian Resources Inc. (TSX:ARU) have accepted the share exchange offer from Kinross Gold Corporation (TSX:K). Aurelian shareholders will receive 0.317 common shares of Kinross and 0.1429 Kinross warrants for each share of Aurelian held. Aurelian Resources will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX Capped Materials and the S&P/TSX Global Gold and Global Mining indices. As part of the transaction, Kinross Gold Warrants (TSX:K.WT.C) will be distributed to Aurelian shareholders and added to the same indices at zero price. Also as part of the transaction, the distributed common shares of Kinross Gold will be added to the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX 60, 60 Capped and Equity 60, the S&P/TSX Global Gold and Global Mining and the S&P/TSX Capped Materials indices. These transactions will be effective after the close on Friday, September 5, 2008. - The distributed Kinross Gold Warrants will be deleted from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX Global Gold and Global Mining and the S&P/TSX Capped Materials indices after the close on Monday, September 8, 2008.
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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