Expert: Steven Taylor - 2/3/2011

Question
Steven, I have a stock purchased in July,1999 for IoGold Systems Canada Inc(CDNX-IOG) which apparently reverse split and became Candor Ventures Corp.(CND) and then reverse split and amalgamated with Nustar Resources Inc (NTR)to become  Canstar Resources INC (ROX)which is currently trading on the TSX. Can you tell me if these stocks have any current value and if so how I can find out how to update my shares to reflect the new company? Thank you in advance.

Answer
Terry, your information is correct. Iogold did a 1 for 5 reverse split and became Candor, then amalgamated with Nustar on a 1 for 1 basis and became Canstar. You will need to contact the current transfer agent, Equity Transfer (www.equitytransfer.com) to determine if your old shares are valid and, if so, to get them reorganized into the new shares.