Canadian Stocks/Stock Certificates
Expert: Steven Taylor - 12/17/2010
QuestionA relative of mine has numerous certificates for three stocks: Pegasus Petroleums & Mining Corporation Limited, Dawn Petroleums Limited and Viscount Petroleums Limited. Pegasus and Dawn were through "Guaranty Trust" and Viscount was through "Crown Trust" Are any of these certificates worth anything? Thank you.
Roger
AnswerRoger, from the information I have available:
Pegasus was dissolved in the late 1950's. No value.
Dawn was dissolved in the early 1970's. No value.
I have no information on Viscount Petroleums. However, the fact that there are numerous certificates for sale on the internet strongly suggests they are also out of business and there is no current value. I suggest you contact a broker for confirmation.