Expert: Steven Taylor - 6/23/2009

Question
I have 1 certificatefor TrinityChibougamau Mines Limited fromMay,1959.
I have 1 certificate for North Trinity Mining Corporation dated Sept,1952.
Are these worth anything and if so could you point me in the right direction.Will pay for all this help

Answer
David, from the information I have available, there might be some value, but it would depend on how many shares there were originally.

North Trinity Mining did a 1 for 4 reverse split and became Trinity Copper, which later became Trinity Chibougamau. The certificate you have for Trinity Chibougamau might be the new certificate from the original North Trinity shares, or it could be a separate certificate altogether.

Trinity Chibougamau has gone through numerous name changes and splits (a 1 for 20 reverse, then a 1 for 6 reverse, then a 1 for 3 reverse). It eventually became Banro Corp, which later did a 2 for 1 forward split, but to even have gotten to that point, you would have needed 360 shares of Trinity to even have had 1 share of Banro. Banro trades on the TSX in Canada and the NYSE Amex in the US for about $1.80 per share. You need to contact Banro's transfer agent, Equity Transfer and Trust (www.equitytransfer.com) to determine how many shares there are in the 2 certificates and, if there is any value, they can also help you with the reorganization.