Richmont Mines Added to the S&P/TSX SmallCap Index

Richmont Mines Inc. (TSX:RIC,NYSEMKT:RIC) has been added to the S&P/TSX SmallCap Index effective September 18th, 2015, after the close of trading hours. Standard and Poor’s Canadian Index Operations announced this addition on September 11, 2015. According to Richmont Mines CEO, Renaud Adams, this addition to the S&P/TSX SmallCap Index, “s an important milestone for our company and recognizes the progress we have made over the last couple of years as we successfully transition Island Gold Mine into a low cost, long life and higher grade operation.”
As quoted in the press release:

Mr. Renaud Adams, President and CEO, commented: “The addition of Richmont to the S&P/TSX SmallCap Index is an important milestone for our company and recognizes the progress we have made over the last couple of years as we successfully transition Island Gold Mine into a low cost, long life and higher grade operation. We are confident that the inclusion in the index will improve trading liquidity and expose Richmont to a much broader range of investors.”

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