Canadian Stocks/old stock
Hi, I bought 300 shares of Cadington Resources Ltd. back in 1988. I don't know much about stocks but would like to know what I have and where to look. I would really appreciate your help in this. The number is 01266
Douglas, from the information I have available, Cadington went through numerous name changes and two reverse splits (1 for 6, then 1 for 10) and became Iberian Minerals. Iberian was acquired in January 2013 for $1.10 per share cash. Based on your original certificate, your original 300 shares would be just 5 shares at the time of the takeover. You should have received a check for your shares at that time. If you did not, the money should have been turned over to the government for safekeeping, but I am not sure $5.50 is worth going through the process to claim. But, you can search many of the States and Provinces online for free at www.missingmoney.com and www.naupa.org.