Jul. 6, 2010 (Canada NewsWire Group) -- Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, July 6, 2010:
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- Underworld Resources Inc. (TSXVN:UW) will be removed from the index.
The shares of the company have been acquired, pursuant to an
Arrangement Agreement, by Kinross Gold Corporation (TSX:K).
- Louvem Mines Inc. (TSXVN:LOV) will be removed from the index. The
shares of the company have been acquired, pursuant to an
amalgamation, by Richmont Mining Inc. (TSX:RIC).
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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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Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www.standardandpoors.com.
