Expert: Steven Taylor - 12/10/2010

Question
I have a certificate for 50 shares that were purchased in April 69. The transfer agent and registrar is Crown Trust. Does this stock have any current value. I did find that they are now known as Spooner Mines and Oil Resources Inc. However, there seems to have been some problem with certificates issued through Crown Trust some time in the past. I am not sure what that is about.

Answer
Vonnie, from the information I have available, Spooner Mines and Oil Resources was the predecessor to Canadian Spooner Resources and Canadian Spooner Industries, both of which were suspended and delisted in 2005. I don't believe either Company was revived, although you can contact the last known transfer agent, Equity Transfer (www.equitytransfer.com) and see what information they can provide.