Standard & Poor’s announced on Friday 5 March, 2010 White Energy Company Limited (ASX:WEC) has been admitted to the S&P/ASX 300 Index, effective from the close of trade March 19, 2010.
White Energy is to be included in this index following the quarterly rebalance of the index. The S&P/ASX 300 is comprised of the top 300 listed companies in Australia. In order to be eligible for inclusion in any of the S&P/ASX indices stocks must meet certain criteria regarding listing, size and liquidity.
Managing Director John Atkinson said “the inclusion of White Energy into the ranks of Australia’s top 300 companies will raise the profile of White Energy within a wider audience of potential investors”.
Yours faithfully,
Mr John Atkinson
Managing Director
White Energy Company Limited