Canadian Stocks/old stock certificate
I have 100 shares of New Cronin Babine Mines Limited each valued at $1.00 dated dec.13 1965 (incorporated under the Ontario Companies Act)Certificate number 5095. Do these shares have any value?
Robert, from the information I have available, the shares have no current value. The Company went through numerous name changes and at least 3 reverse splits (1 for 4, 1 for 5, and another 1 for 5) which would have reduced the original 100 shares to just 1 before the company was suspended, delisted and cease-traded. Those cease-trade orders remain in effect.