Expert: Steven Taylor - 5/1/2011

Question
I have stock certificates for St. Mary's Uranium that I purchased in 1956. It was a Canadian mining company. Do these shares have
any value?

Answer
Eileen, from the information I have available, St. Mary's performed a corporate reorganization and became St. Mary's Exploration, which later lost its corporate charter. No value there.

However, at the time of the reorganization, shareholders of St. Mary's Uranium also received 14 shares Milliken Lake Uranium for every 100 shares of St. Mary's Uranium. Milliken later merged into Rio Algom on the basis of 14 Rio for every 100 Milliken. Rio was acquired by BHP in 2000 for $27.00 per share.

If you did not receive the money at the time of the takeover, you can try searching the lost property departments of every state or province in which you lived from the time you first acquired the shares until the takeover. You can search many of them online for free at www.missingmoney.com or www.naupa.org (try both).