Expert: Steven Taylor - 11/16/2011

Question
I have a friend who recently found 3 stock certificates in his  deceased fathers papers. I tried to look them up using the original trust companies. I came up empty on who to contact to see if there is any value here. If you could provide me with a way to find this out I would appreciate it. The 1st one is Heva Cadillac Gold Mines Limited (Prudential Trust Company, Limited, Toronto Canada) the 2nd is Centrmaque Gold Mines Limited (The Eastern Trust Company Toronto Ont.)The 3rd is Golden Arrow Mines Limited (The Premier Trust Company, Toronto, Canada)  All of these stock certificates were issued in 1945.

Answer
Mandy, from the information I have available:

Heva has no value. The Company went through numerous name changes and reverse splits and ended as CPI Plastics, which went bankrupt.

Centremaque also went through numerous name changes and capital changes (1 for 4 reverse split, and then another 1 for 4, then another 1 for 4, then merger on the basis of 1 new for 8 old, then an acquisition on the basis of 1 new for 5.25). The original certificate would have had to be for more than 2,688 shares for there to be any stock left. But, if there was, the Company ended as Rio Narcea, which was acquired by Lundin in 2007 on the basis of $5.50 cash per share.

Golden Arrow did at least 1 reverse stock split (1 for 4) and is now Canadian Arrow Mines, which trades on the TSX Venture for about 5 cents per share. The Current transfer agent is Equity (www.equityfinancialtrust.com).