Canadian Stocks/oil shares

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Question
I have 1000 Sasko oil & Gas shares are they worth anything? issued in November 5 1981

Answer
Joan, from the information I have available:

Sasko had a 1 for 5 reverse split and became Gentry Resources, which was later acquired by Crew Energy on the basis of 0.22 of a Crew share for each share of Gentry. Crew is still around - it trades for about $7.80 per share on the TSX. Based on the conversion ratios, your 1000 Sasko would be 44 Crew. You need to contact the current transfer agent, Valiant Trust (valianttrust.com) to determine if your old shares are valid and, if so, to have them reorganized into the new shares.

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