Standard & Poor's Announces Changes in the S&P/TSX Venture Composite and Select Indices

    




 TORONTO, Oct. 31, 2011 /CNW/ - Standard & Poor's will make the following  changes in the S&P/TSX Venture Composite and Select Indices: 

 Shareholders of Reservoir Capital Corp. (TSXVN:REO) approved on October  13, 2011, the Plan of Arrangement whereby the company will spin out  certain Serbian mineral exploration permits to shareholders. For every  share of Reservoir Capital held, shareholders will receive 0.191482444  shares of a new company named Reservoir Minerals Inc. Reservoir  Minerals will trade on TSX Venture for the first time (the ex-date of  the spin-off) on November 1, 2011, under the ticker symbol "RMC". The  spun out shares of Reservoir Minerals will be added at zero price to  the S&P/TSX Venture Composite and Venture Select Indices after the  close of trading on Monday, October 31, 2011. Effective after the close  of Tuesday, November 1, 2011, the shares of Reservoir Minerals will be  removed from the same two indices. 

 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. 

 About S&P Indices 

 S&P Indices, a part of McGraw-Hill Financial, is the world's leading  index provider maintaining a wide variety of investable and benchmark  indices. Over $1.25 trillion is directly indexed to Standard & Poor's  family of indices, which includes the S&P 500, the world's most  followed stock market index, the S&P/Case-Shiller Home Price Indices,  the leading measure of U.S. home prices, the S&P Global BMI, an index  with approximately 11,000 constituents, the S&P GSCI, the industry's  most closely-watched commodities index and the S&P National AMT-Free  Municipal Bond Index, the premier investable index for U.S. municipal  bonds. For more information, please visit www.standardandpoors.com/indices. 

 About McGraw-Hill Financial 

 McGraw-Hill Financial, a part of The McGraw-Hill Companies ,  is a leading provider of research and analytical tools for investment  advisors, wealth managers and institutional investors. It deploys the  latest innovative technology strategies to deliver to customers a  portfolio of cross-asset analytics, integrated desktop services,  valuation and index benchmarks and investment recommendations in the  rapidly growing $16 billion financial information, data and analytics  market. 

Standard & Poor's Canadian Index Operations


CONTACT:  Tony North                                          Dave Guarino(416) 507-3204                                      1 212 438 [e-mail]                      [e-mail] 


    

Copyright