Canadian Stocks/Old stock certificates
We found some old Canadian stock certificates among a family members papers. Would you tell us if they are still viable or worthless? 1000 shares of Aquatech Systems Inc Dated 21 Feb 1990 and 500 shares of Rexford minerals ltd. Dated 21 Jun 1990.
Thank you for your time.
Vickie, from the information I have available:
Aquatech has no value. It was struck from the corporate register and dissolved in the mid-1990's.
Rexford went through numerous name changes and reverse splits. It is now NGex Resources, which trades on the TSX for about $2 per share. However, with all the capital changes, the 500 Rexford should now be about 1 share of NGex. I suggest you contact the current transfer agent, Canadian Stock Transfer (www.canstockta.com) to confirm this information.