Canadian Stocks/are any of these stock worth anything?
Expert: Steven Taylor - 6/17/2009
QuestionHome Mining Developments Limited
Bridge Integrated Technologies Inc.
Paragon Petroleum Corporation
Richore Gold Mines Limited
AnswerMadge, this is what I found:
Home Mining merged with other companies to form New Force Crag Mines. New Force was dissolved in 1982, and I don't believe there was any value remaining for shareholders.
Bridge Integrated was cease-traded in 1992, and that order remains in effect. I cannot find any information that it changed its name or resumed trading anywhere.
Paragon was acquired by Northrock Resources in 1998 on the basis of 0.19 of a Northrock share for each share of Paragon. Northrock was later acquired by Unocal for $10.10 cash per share.
Richore was acquired by Avilla International Explorations, but Avilla was later dissolved and I don't believe there was any value for shareholders.
For the Paragon, if you did not receive a check from Unocal, the money was likely turned over to the government for safekeeping. It might still be available to be claimed - you need to search the lost property departments of every State or Province in which you lived from the time the Paragon shares were originally bought until the acquisition by Unocal in 1991. You can search most online for free at
http://www.missingmoney.com/ and www.naupa.org.