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Bcm Resources Corp press release

Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

TSXV - TSX Venture Exchange · Copper · Gold · Molybdenum · Silver · Lead · Zinc · Bismuth · Canada

TORONTO, June 14 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

The shareholders of Dynatec Corporation (TSX:DY) have approved the acquisition of the company by Sherritt International Corporation (TSX:S). Dynatec Corporation will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX SmallCap and Equity SmallCap, the S&P/TSX Capped Materials and Capped Diversified Metals & Mining and the S&P/TSX Global Mining indices. The relative weight of Sherritt International Corporation will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX Capped Materials and Capped Diversified Metals & Mining and the S&P/TSX Global Mining indices to reflect the issuance of shares as part of the transaction. The transaction will be effective after the close on Monday, June 18, 2007. The unitholders of UE Waterheater Income Fund (TSX:UWH.UN) have approved the $CDN23.00 cash per unit offer from Alinda Capital Partners LLC. UE Waterheater Income Fund will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Income Trust, the S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped Consumer Discretionary indices. The transaction will be effective after the close on Friday, June 15, 2007.

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.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, 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

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power and Associates. The Corporation has more than 240 offices in 36 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com.

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