Canadian Stocks/calnor resources ltd.
I have a stock certificate from this company dated 1990 for 666 shares. Is there any value to this. Thank you.
Mary, from the information I have available:
The Company had two additional reverse splits (1 for 3 and 1 for 5) before merging with Grenville Corp. on the basis of 0.69 of a new share for each old share. Today the Company is Grenville Strategic Royalty, which trades for about 80 cents per share. Grenville also pays some significant dividends, so you will need to contact the current transfer agent (www.computershare.com) to confirm this information and see if the old certificate is valid. If so, they can reorganize them into the new shares and will help secure the dividends which are owed to you.