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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: CLL removed from TSX Small Cap Index

I apologize to the board for my post which give the impression that CLL is being delisted from the Small Cap index on SEP 21.

In fact CLL is on the list of stocks which maybe removed from this index and UTS/OPC on the list of stocks which maybe added to this index on the next decision date.

As I posted in March, CLL was removed from the TSX 300 (main index). This time it is a Smal Cap Index.

http://agoracom.com/ir/Connacher/forums/discussion/topics/320310-decision-day-for-the-tsx/messages/1090001#message

S&P decisions are based (among other factors) on the market capitalization and trading volume (indirectly, past share performance is mainly responsible for inclusion or deletion).

The possible effect on the share price is related to Index funds being forced to buy or sell particular stock.

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