• Questrade Issues AST Deadline Date

    Heads up! If you’re with Questrade you have just 2 days to transfer to AST.

    This broker, used by only 3% of MMTLP Shareholders (according to the survey results here), isn’t giving anyone much time.

    You have to initiate your transfer by filling out several forms and paying a $300 transfer fee by September 18, 2023.

    “If there is no action by this deadline, by default it would mean that your Next Bridge Hydrocarbon shares will be left at Questrade.”

    Questrade Correspondence

    In addition, this line is also in the email:

    “Questrade will also not be able to accept these shares back once re-registered to AST”

    Questrade Correspondence

    Shares that are not eventually in AST would preclude Shareholders from taking part in Next Bridge Hydrocarbons announced dividend called Newco.

    Thank you to Community Member Canadian Bagel for reporting this Questrade E-mail.

    These screenshots are from the Questrade E-mail and have not been verified by MMTLP Resources:

    Questrade is a Canadian broker, established in 1999, that offers resident Canadian citizens an alternative to trading and investing with the big banks.