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Standard & Poor's Announces Changes In The S&P/TSX Venture Composite, Venture Select And Venture 30 Indices

Date 17/10/2011

Standard & Poor's will make the following changes in the S&P/TSX Venture Indices:

The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of Prophecy Coal Corp. (TSXVN:PCY) will graduate to trade on TSX at the open of trading on Wednesday, October 19, 2011. The ticker symbol will remain "PCY" and the CUSIP number will remain 74346B 10 3. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Tuesday, October 18, 2011.

Prophecy is also a constituent of the S&P/TSX Venture Select Index. The company will be removed from this index effective after the close of Monday, October 24, 2011, at which time it will be listed on TSX.

The Toronto Stock Exchange also announced today in the Daily Bulletin that the shares of New Millennium Iron Corp. (TSXVN:NML) will graduate to trade on TSX at the open of trading on Wednesday, October 19, 2011. The ticker symbol will remain "NML" and the CUSIP number will remain 64753V 10 6. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Tuesday, October 18, 2011.

New Millennium is also a constituent of the S&P/TSX Venture Select Index. The company will be removed from this index effective after the close of Monday, October 24, 2011, at which time it will be listed on TSX. The company is also a constituent of the S&P/TSX Venture 30 Index. It will remain in this index, according to methodology, until the next index review after the end of January, 2012.

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.