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S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Venture Composite Index

Date 22/10/2012

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

On October 18, 2012, the shareholders of Pine Cliff Energy Ltd. (TSXVN:PNE) and Geomark Exploration Ltd. (TSXVN:GME) approved the previously announced business combination whereby Pine Cliff Energy will acquire Geomark Exploration. Geomark Exploration shareholders will receive 1.5 common share of Pine Cliff Energy for each share held. Geomark Exploration will be removed from the S&P/TSX Venture Composite Index after the close of trading on Monday, October 22, 2012.