Canadian Stocks/Old Stock Certificates
I have located old stocks certificates - Maralgo Mines Limited No. 16382, 1000 shares, registered to my late grandmother, September 11, 1958. I have also located Consolidated Candego Mines Limited, No.T0029, 1000 shares, September 25, 1950. Can you tell me if these stocks are currently of any value?
Gary, from the information I have available:
Maralgo Mines had several reverse splits (1 for 2, 1 for 5, and 1 for 100) and is currently Media Pal Holdings, which trades for about 1 cent per share.
Consolidated Candego had a name change and reverse split, but the new company had its charter cancelled and was dissolved in the early 1980's. No current value.