Great Basin Gold Added to S&P/TSX Composite Index
June 22 2009 - 8:30AM
PR Newswire (US)
VANCOUVER, June 22 /PRNewswire-FirstCall/ -- Great Basin Gold Ltd.
("Great Basin Gold" or the "Company") (TSX: GBG; NYSE Amex: GBG;
JSE: GBG) announces that Standard and Poor's has added Great Basin
Gold to its S&P/TSX Composite Index within its "Materials" GICS
sector index, effective before market open today Monday, June 22,
2009. "We are honored to be recognized among some of the foremost
materials companies in North America and to be one of the few
mining companies represented in the S&P/TSX Composite Index",
commented Ferdi Dippenaar, President and CEO. "This distinction is
a result of the dedication and hard work by our teams in South
Africa and in Nevada. We look forward to further success in the
future ahead." Ferdi Dippenaar President and CEO No regulatory
authority has approved or disapproved the information contained in
this news release. About the S&P/TSX Composite Introduced in
1977 the S&P/TSX Composite is the headline index and the
principal broad market measure for Canadian Equity markets. It
includes common stock and income trust units and serves as the
benchmark for the majority of Canadian pension funds and mutual
funds. Constituents of the S&P/TSX Composite Index are also
members of either the S&P/TSX Equity indices (the S&P/TSX
Equity or the S&P/TSX Equity Completion) or the suite of
indices which include income trusts (S&P/TSX Income Trust,
S&P/TSX Capped REIT, The S&P/TSX Capped Energy Trust, the
S&P/TSX 60, or the S&P/TSX Completion), or both. With
approximately 95% coverage of the Canadian equities market, it is
the primary gauge for Canadian-based, Toronto Stock Exchange listed
companies. About Great Basin Gold Great Basin Gold is an
international mining company with two gold projects in the
development stage: Hollister on the Carlin Trend in Nevada and
Burnstone in the Witwatersrand Basin. DATASOURCE: Great Basin Gold
Ltd. CONTACT: on Great Basin Gold Ltd. and its gold properties,
please visit the Company's website at http://www.grtbasin.com/; or
contact Investor Services: Michael Curlook in North America,
1-888-633-9332; Tsholo Serunye in South Africa, +27 (0)11 301-1800;
Barbara Cano at Breakstone Group in the USA, (646) 452-2334
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