You are here:

Canadian Stocks/Stock Certificates

Advertisement


Question
Found a number of stock certificates while rummaging through a box and have no idea what they are or if they are worth anything or where to send them.

Huclif Porcupine Mines
Lost River Mining Corporation Limited
Columbia Metals Corporation Limited
Citadel Mines Limited
Golden Princess Mining Coroporation
Maghemite Inc
Conquest Yellowknife Resources Ltd
Braminco Mines Limited
Young Davidson Mines Limited
Aiken-Russet Red Lake Mies Limited

Any help in identifying these and other information would be greatly appreciated.

Thank you in advance

Nicholas

Answer
Nicholas, from the information I have available:

Huclif has no current value. The Company had its charter cancelled and was dissolved in the mid-1970's.

Lost River has no current value. The Company went bankrupt in the early 1980's. No value for common shareholders.

Columbia Metals has no current value. The Company had its charter cancelled and was dissolved in the late 1970's.

Citadel has no current value. The Company had its charter cancelled and was dissolved in the mid-1970's.

Golden Princess went through numerous name changes and reverse splits (1 for 5 and 1 for 8) and became Creston Moly, which was later acquired by Mercator Minerals in 2011 on the basis of 0.15 of a Mercator share plus 8 cents cash for each Creston share. Mercator currently trades for about 11 cents per share. You will need to contact the current transfer agent, Computershare (www.computershare.com) about your old shares.

Maghemite has no value. They were crushed by their debt load and were delisted and cease-traded in 1992.

Conquest Yellowknife had a 1 for 4 reverse split and became Conquest Resources. Conquest currently trades for about 1 cent per share. You will need to contact the current transfer agent (tmxequitytransferservices.com) about your old shares.

Braminco became Q-Zar after a 1 for 6 reverse split. Q-Zar went bankrupt in 1997. No value for shareholders.

Young-Davidson was acquired by Northgate Minerals in 2005 on the basis of 0.7212 of a Northgate share for every Young share. Northgate was later acquired by AuRico Gold in 2011 on the basis of 0.365 of an AuRico share for each share of Northgate. AuRico trades for about $5.25 on the TSX. You will need to contact the current AuRico transfer agent, Computershare (www.computershare.com).

Aiken-Russet had a 1 for 35.67 reverse split and became Canhorn. Canhorn later became Nayarit Gold, which was later acquired by Capital Gold on the basis of 0.134048 for 1. Capital was acquired by Gammon Gold on the basis of 0.5209 plus $1.09 cash for each share of Capital. Gammon later changed its name to AuRico Gold. Contact Computershare for both the Young-Davidson and Aiken-Russet shares.

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2016 About.com. All rights reserved.