Canadian Stocks/Tormac Mines Limited
Expert: Steven Taylor - 12/13/2011
QuestionI have two certificates for Tormac Mines Limited totaling 800 shares.These shares were purchased in 1966.Do they have any value?
Frank
AnswerFrank, the Company has undergone numerous mergers and capital changes, and is now Sprott Resource Lending, which trades for about $1.50 on the TSX. However, the problem is that due to all the capital changes, the original 800 Tormac shares is probably only about 2 or 3 Sprott. You will need to contact the current transfer agent, Computershare (www.computershare.com) and see what information and shareholder information they have regarding your certificates.