Standard & Poor's Canadian Index Operations announces the following index changes:
- On August 25, 2011, the bid by Nyrstar NV (Brussels:NYR) to acquire Breakwater Resources Ltd. (TSX:BWR) expired and was successful. Nyrstar will acquire Breakwater for $CDN7.00 cash per share. Breakwater will be removed from the S&P/TSX SmallCap and Equity SmallCap, the S&P/TSX Global Base Metals and Equal Weight Global Base Metals and the S&P/TSX Global Mining Indices effective after the close of Wednesday, August 31, 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.