Standard & Poor’s Canadian Index Operations is removing Falconbridge Ltd. from several S&P/TSX indices after the close of business today, Wednesday, May 11.

The changes to the indices follow from the Friday, April 29 announcement by Noranda Inc. (TSX:NRD.LV)of the results of its previously-announced issuer bid as part of the plan to combine Noranda with Falconbridge (TSX:FL).

As part of this transaction, Falconbridge will be removed from the S&P/TSX composite and capped composite, the S&P/TSX midcap, the S&P/TSX capped materials and the S&P/TSX capped diversified metals & mining indices. Centurion Energy International Inc. (TSX:CUX) will replace Falconbridge in the S&P/TSX midcap index


Also, as a result of the issuance of Noranda shares, the relative weight of Noranda will increase by approximately 0.21% in the S&P/TSX composite and capped composite, by 0.28% in the S&P/TSX 60 and 60 capped, by 1.47% in the S&P/TSX capped materials and by 6.66% in the S&P/TSX capped diversified metals & mining indices.