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SHO Shona Energy Company

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Share Name Share Symbol Market Type
Shona Energy Company TSXV:SHO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

S&P Dow Jones Indices Announces Changes in Canadian Indices

17/12/2012 10:15pm

PR Newswire (Canada)


Shona Energy Company (TSXV:SHO)
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S&P Dow Jones Indices Announces Changes in Canadian Indices

A Deletion from S&P/TSX Venture Composite Index

TORONTO, Dec. 17, 2012 /CNW/ - The shareholders of Shona Energy Company, Inc. (TSXVN:SHO) have approved the Plan of Arrangement whereby the company will be acquired by Canacol Energy Ltd. (TSX:CNE). Shareholders of Shona Energy will receive 1.0573 shares of Canacol Energy and $CDN0.0896 cash per share held.

Shona Energy will be removed from the S&P/TSX Venture Composite Index after the close of Monday, December 17, 2012.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial AverageSM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones Indices index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's Financial Services LLC.  "Dow Jones" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").

SOURCE Standard & Poor's Canadian Index Operations

Copyright 2012 Canada NewsWire

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