Expert: Steven Taylor - 3/13/2011

Question
Hello Mr. Taylor,

My family moved away from our residence in Canada almost 20 years ago. We now have found a lot of Stock Certificates from Canada and have no clue if they have any value or how to sell them even if they did.

The companies we own certificates of stock in are:

Prime Equities
Lakewood VIII Limited Partnership
McFinley Red Lake Mines
NIM and Company Limited Partnership
ERIK Limited Film Partnership
CMP Resources Limited
CMP Funds Management Limited
Perpetual Growth Fund-VII Limited
Lakewood Energy Inc.

Thank you for any and all help you can afford us.

Answer
Shah, I do have information on several of those shares, but I have nothing on the limited partnerships. As LP's, they were not publicly traded and were only sold to a small group of people. For those, you will have to contact the General Partner as listed on the certificates, or contact a broker and see if they can find out more information.

For the others:

Prime Equities we through quite a few changes, both in names, industries and capital adjustments. They had at least 2 reverse splits (a 1 for 10, then a 1 for 30# and is currently Rock Energy, which trades on the TSX for about $6.00 per share. You will need to contact the current transfer agent, Alliance Trust #www.alliancetrust.ca# in regards of getting the old shares reorganized into the new shares.

McFinley has no value. It ran into serious financial trouble and was suspended, delisted and cease-traded in 1992.

CMP Resources Limited merged into a new company and became Kinross, with shareholders receiving 2.1 Kinross shares for every CMP share. Kinross currently trades on the NYSE for about $15.15 per share. You will need to contact the current transfer agent, Computershare #www.computershare.com# about getting the old shares reorganized.

Lakewood Energy was acquired by Serenpet on the basis of 0.686 of a Serenpet share for every 1 Lakewood share. Serenpet was acquired in 1996 by Pembina for $4.80 per share cash. If you did not receive the cash in 1996, it would have been turned over to the government for safekeeping. You will need to search the lost/missing property office of every State or Province in which the registered holder lived from the date they acquired the shares until the takeover. You can search many of them online for free at www.missingmoney.com and www.naupa.org #search both). Use the name exactly as it appears on the certificate, even if it is misspelled or abbreviated.