TORONTO, Feb. 11, 2021 /CNW/ - S&P Dow Jones Indices announces the following changes to the S&P/TSX Composite Index:
The shareholders of Endeavour Mining Corporation (TSX: EDV) and Teranga Gold Corporation (TSX: TGZ) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Teranga Gold Corporation will be exchanged for 0.47 shares of Endeavour Mining Corporation. Teranga Gold Corporation will be removed from the S&P/TSX Composite Index prior to the open of trading on February 17, 2021. The shares outstanding of Endeavour Mining Corporation will be increased at the same time to reflect the issuance of shares.
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SOURCE S&P Dow Jones Indices LLC.
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