Canadian Stocks/Bibis Yukon Mines shares
I have been left 100 Bibis Yukon Mine Shares, bought in 1964! Can you tell me if they are saleable? and if so where would I sell them?
Sue, from the information I have available, the Company had two reverse splits (1 for 5 and then 1 for 4) and then was acquired by Startech Energy on the basis of 29 cents plus 0.362 of a Startech share for each old share. Startech became ARC Energy (0.96 for 1) and then ARC Resources (2.89162 for 1). ARC trades for about $19 per share. You will need to contact the current transfer agent (www.computershare.com) to determine if your old certificate is valid and, if so, to have it reorganized into the new shares.