Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index

TORONTO, Sept. 1 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, September 1, 2009:

    
    -  The shares of Chapleau Resources Ltd. (TSXVN: CHI) will be removed from
       the index. Magellan Minerals Ltd. (TSXVN: MNM) has agreed to acquire
       all of the issued and outstanding shares of Chapleau under a statutory
       plan of arrangement.
    

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.

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

Contacts

Tony North
(416) 507-3204
sp_index@standardandpoors.com

Dave Guarino
(212) 438-1471
Dave_guarino@standardandpoors.com