Canadian Stocks/Old stocks from deceased parent
Expert: Steven Taylor - 8/17/2011
QuestionQUESTION: Status of the following;
Lyndhurst Mining Company Limited
Unicorp
Anglo United Development Corp.
Wilmington Capital Management Inc.
Northgate Exploration Limited
ANSWER: Alan, from the information I have available:
Lyndhurst did a 1 for 10 reverse split and is now Globex Mining, which trades for about $2.00 a share. The current transfer agent is Computershare (www.computershare.com), and you will need to contact them regarding the old certificate.
There are numerous Unicorps - I will need the full name and the Province of Incorporation to research that one further.
Anglo United was acquired years ago by Anglo United PLC for $0.53 a share.
Wilmington Capital is still around. It has two classes of common stock (A and B) and each trades for about $3.00 per share. I am not sure if there were any capital changes or share consolidations, but you will need to contact the current agent, CIBC Mellon (www.cibcmellon.com).
Northgate changed its name to Northgate Minerals, which current trades for about $3.25 on the TSX. The current agent is also Computershare.
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QUESTION: Thanks so much for the information.
To answer your question about Unicorp, the certificate was issued on November 16, 1884 by Unicorp Canada Corporation, incorporated in Ontario. Registered in The Royal trust Company, Toronto .
AnswerAlan, Unicorp Canada and Wilmington Capital Management are one and the same. Unicorp Canada did a 1 for 3 reverse split and went through several names before Wilmington. Check the certificates and see if the number of Wilmington shares is exactly 1/3 (minus fractional shares) the total of the Unicorp Canada shares. If so, it is likely they sent the holder the new Wilmington shares without requiring the submission of the old Unicorp certificate.