You are here:

Canadian Stocks/Banner Resources LTD

Advertisement


Question
I have 2 stock certificates # 22683 and 17237 for banner reseources ltd transfer agent is guaranty trust comany of Canada. Are these still valid?

Answer
Unfortunately, from the information I have available, it appears the shares have no value. The company went through several name changes and reverse stock splits (a 1 for 10, a 1 for 2, and a 3 for 10) and became Abacan Resource Corp. Abacan went bankrupt, was cease-traded and then delisted in 2000. I do not believe there was any value remaining for shareholders.

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2012 About.com, a part of The New York Times Company. All rights reserved.