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BRISBANE, AUSTRALIA--(Marketwire - Sept. 7, 2009) - Intrepid Mines Limited ("Intrepid") (TSX:IAU)(ASX:IAU) is pleased to report that Standard & Poor's Index Services, the leading provider of equity indices in Australia, announced on Friday that Intrepid will be included in the S&P/ASX 300 index, effective from the close of trade on 18 September 2009.
Both the S&P/ASX 200 and the S&P/ASX 300, together with component indices, were reviewed as part of the September quarterly rebalance. The quarterly rebalance considers the aggregate market capitalisation and liquidity of stocks for the preceding 6-months of 2009 as a basis for eligibility.
"We are very proud to be included in the index, as this reflects our Company's growth and prospects and thus, the value of our shares in the equity market," said Brad Gordon, Intrepid's CEO.