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Canadian Stocks/1956 REEF EXPLORATIONS LIMITED SHARES

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Question
My father has passed away and we recently came upon an old stock certificate for 1000 shares in the name of Reef Explorations Limited /incorportated under the laws of the Province Of Ontario. Did the company become any other named Co. or are the of no value?
Any help would be appreciated.
Thanks
Kim

Answer
Kim, from the information I have available, the company had several name changes and reverse splits (1 for 4 and 1 for 8) and is now New Klondike Exploration. The stock trades for about half a cent currently. You will need to contact the current transfer agent, TMX Equity (tmxequitytransferservices.com) to confirm this information.

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