Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Avoca Resources Limited (ASX:AVO) and Anatolia Minerals Development Limited (TSX:ANO) have agreed to the Merger Implementation Deed whereby the two companies will be merged to form Alacer Gold Corp. (TSX:ASR). Shareholders of Avoca will receive 0.4453 shares of the new Alacer Gold for each share held and Anatolia shareholders will receive Alacer Gold on a 1-for-1 basis. The relative weight of Alacer Gold (formerly Anatolia) will increase in 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 SmallCap and Equity SmallCap, the S&P/TSX Global Mining and Global Gold and the S&P/TSX Capped Materials indices to reflect the issuance of Alacer Gold shares as part of the transaction, which will become effective after the close of Tuesday, February 22, 2011.
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.