Canadian Stocks/old stock certificate
Expert: Steven Taylor - 1/26/2010
QuestionI have many old stock certificate from Ontario's company like, Tormont Mines Limited; issued by The Canada trust company, last transaction made by Bongard%26Company in 1964, many others, Bidcop Mines Limited , Garskie Gold mines Limited, Mc Marmac Red Lake Gold Mines Limited, Batch-River Gold Mines Limited. They were all traded by different companies is this something tracable. Thank you
AnswerFrom the information I have available,
Tormont had its charter cancelled in 1978. No current value.
Bidcorp went through numerous name and capital changes (a 1 for 16 reverse split, then a 1 for 4, then a 1.5752 for 1 forward, then a 1 for 5 reverse) and is now Dolly Varden Resources. Dolly Varden trades on the TSX Venture for about 23 cents per share. You need to contact the current transfer agent, Equity Transfer (www.equitytransfer.com) to confirm if your old shares are valid.
Garskie had its charter cancelled in 1976. No value.
McMarmac had its charter cancelled in 1978. No value.
Batch-River was dissolved in 1973. No current value.