Canadian Stocks/old stock


Does the "Tri-Bridge Mines Limited" still exist that has "Guaranty Trust Company of Canada" on the margin of the stock.
They were issued by M.Rash and Company Limited in 1971.

Bruce, from the information I have available, Tri-Bridge had numerous reverse splits (1 for 10, another 1 for 10, 1 for 5, and 1 for 2) and became Leader Capital. Because of all the reverse splits, they had numerous shareholders with a very small number of shares. They wiped all those out with a 1 for 50 reverse split followed by a 50 for 1 forward split. Those shareholders that did not have 50 pre-split shares were wiped out with a nominal cash payment. Later, all the other shareholders were wiped out with a 1 for 500,000 reverse split. Those holders that did not have 500,000 pre-split shares were paid 51 cents per share.

Therefore, it is unlikely the original certificate has any current value.

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Steven Taylor


Canadian stocks, including growth and resource companies.

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