TSE 300 COMPOSITE INDEX NOTICE
TORONTO, ONTARIO--
Effective before the open on Friday, April 16, 1999, the common
shares of Royal Oak Mines Inc. (RYO), and Fracmaster Ltd. (FMA)
will be removed from the TSE 300 Composite Index for failure to
meet TSE 300 Composite Index Maintenance Policy #2. This policy
states that if a stock appears in the TSE 300 QMV report at
calendar quarter end with a 0.00 relative weight, it will be
removed from the Index at the opening of the expiry of the
following month's options and futures contracts.
Please note the following changes to the TSE 300 Composite
Index before the open on Friday, April 16, 1999:
Stocks to be added:
Bid.Com International Inc. J (BII)
Group/Subgroup - 12.07 Online Services
TVA Group Inc. Cl. B (TVA.B)
Group/Subgroup - 11.01 Broadcasting
Stocks to be removed:
Royal Oak Mines Inc. (RYO)
Group/Subgroup - 2.3 Gold & Precious Minerals
Fracmaster Ltd. (FMA)
Group/Subgroup - 3.3 Oil and Gas Services
Note: Bid.Com International Inc. J (BII), and TVA Group Inc.
Cl. B (TVA.B) will also be added to and Royal Oak Mines Inc.
(RYO), and Fracmaster Ltd. (FMA) will be removed from the TSE
200 Index effective before the open on Friday, April 16, 1999.
In the event that either of the above companies cease to meet
other index maintenance policies prior to April 16, 1999, the
company will be removed at the earliest practical date in
accordance with TSE 300 Composite Index maintenance rules and
will be replaced with Bid.Com International Inc.
If you require further information, please contact:
Brenda Edwards, Media Services, at 416-947-4684
or
Steve Kee, Manager Media Services, at 416-947-4682. |
