TORONTO, Oct. 26, 2011 /CNW/ - Standard & Poor's will make the following
changes in the S&P/TSX Canadian Indices:
The shareholders of Northgate Minerals Corporation (TSX:NGX) have
accepted the share exchange takeover offer from AuRico Gold Inc.
(TSX:AUQ). Shareholders of Northgate Minerals will receive 0.365 shares
of Aurico Gold for each share held. Northgate Minerals will be removed
from the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion
and Equity Completion, the S&P/TSX SmallCap and Equity SmallCap, the
S&P/TSX Equity and Capped Equity, the S&P/TSX Capped Materials and the
S&P/TSX Global Mining and Global Gold Indices after the close of
Thursday, October 27, 2011.
The relative weight of AuRico Gold Inc. will increase in the S&P/TSX
Composite and Capped Composite, the S&P/TSX Completion and Equity
Completion, the S&P/TSX Equity and Capped Equity, the S&P/TSX Capped
Materials and the S&P/TSX Global Mining and Global Gold Indices after
the close of Thursday, October 27, 2011, to reflect the issuance of
shares as part of the acquisition of Northgate Minerals Corporation.
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.
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE:MHP), maintains a
wide variety of investable and benchmark indices to meet an array of
investor needs. Over $1.25 trillion is directly indexed to Standard &
Poor's family of indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price Indices,
the leading measure of U.S. home prices, the S&P Global BMI, an index
with approximately 11,000 constituents, the S&P GSCI, the industry's
most closely watched commodities index, and the S&P National AMT-Free
Municipal Bond Index, the premier investable index for U.S. municipal
bonds. For more information, please visit: www.standardandpoors.com/indices.