TORONTO, March 30, 2012 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
On March 29, 2012, the shareholders of
SilverBirch Energy Corporation (TSXVN: SBE) approved the Plan of Arrangement whereby the company will be acquired by
Teck Resources Limited. SilverBirch Energy will be removed from the S&P/TSX Venture Composite and Venture Select Indices after the close of trading on Tuesday, April 3, 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.
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CONTACT:
Standard & Poor's Canadian Index Operations
Tony North
(416) 507-3204
sp_index@standardandpoors.com
Dave Guarino
1 212 438 1471
Dave_guarino@standardandpoors.com
