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Canadian Stocks/Trinity Chibougamau Mines Limited

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Question
Hi Steven,

While I was doing some attic-cleaning I came across a stock certificate for Trinity Chibougamau Mines Limited, 500 shares, dated November, 1956. Is this worth anything anymore?

Thanks for your help!
Barbara

Answer
Barbara, from the information I have available, the Company had numerous name changes and reverse splits (1 for 20, then 1 for 6, then 1 for 3) followed by a 2 for 1 forward split. The Company is now Banro Corporation, which trades for about 15 cents per share. Based on the splits, the original 500 shares is now about 2 shares of Banro. You can confirm this information with the current transfer agent (tmxequitytransferservices.com).

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Steven Taylor

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Canadian stocks, including growth and resource companies.

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