Canadian Stocks/Consolidated Jalna Resources Ltd
I have a certificate from May 1980 for Consolidated Jalna Resources Ltd. Could it still have value/
Paul, from the information I have available:
The Company has gone through at least 7 name changes, 5 reverse splits (1 for 4, 1 for 2, 1 for 4, 1 for 10, and 1 for 4) and a 2-for-1 forward split. The stock is now Papuan Precious Metals, which trades on the TSX Venture for 2 cents per share. You will need to contact the current transfer agent, Canadian Stock Transfer (www.canstockta.com) to determine if your old certificate has any current value.