You are here:

Canadian Stocks/status of shares

Advertisement


Question
Hi,
Can you tell me the value of Class A shares in
1) Columbia Beneficial Holdings Ltd.
2) Kateri Mining Company Limited
3)Ronda Copper Mines Limited
4) Whitegate Mining Company Limited

Thanks,
MK

Answer
Maryann, from the information I have available:

Columbia Beneficial went into liquidation in the early 1970's. Common shareholders received a small distribution of NWL Financial common shares. NWL went through numerous name changes and at least 1 reverse split (1 for 10) and became CITCO Financial, which was acquired in the late 1980's for 75 cents cash per share. After the original liquidation and later reverse split, it is unlikely Columbia shareholders received much, if anything, in the CITCO acquisition.

Kateri has no current value. The Company had its charter cancelled and was dissolved in the early 1970's.

Ronda has no current value. The Company was dissolved in the early 1980's.

Whitegate has no current value. The Company had its charter cancelled and was dissolved in the mid-1970's.

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2016 About.com. All rights reserved.