Canadian Stocks/deauville explorations ltd. international dunraine ltd.
Expert: Steven Taylor - 3/2/2010
QuestionDeauville Explorations Ltd.stock certificate purchased in 1967.International Dunraine Ltd. stock certificate purchased 1990.Please inform me as to wether either of these two companies still exist,
and if so do these certificates have any value.
AnswerFrom the information I have available:
Deauville went through numerous mergers, name changes, reverse splits and acquisitions. It eventually became Northrock Resources, which trades on the TSX Venture for about 6 cents per share. You need to contact the current transfer agent, Computershare, and confirm this information and find out what your shares may currently be worth.
For International Dunraine, it changed its name to World Point Terminals, which currently trades on the TSX for about $16.50 per share. In addition, the company has paid several special dividends in the last 6 years, including one totaling $8 per share. You need to contact the current transfer agent, CIBC Mellon (www.cibcmellon.com) regarding your shares.