other material
confidence high
sentiment neutral
materiality 0.50
CoJax Oil and Gas issues 1.32M shares for Mississippi mineral interests
CoJax Oil & Gas Corp
- Issued 1,320,755 common shares valued at $2.12 per share to acquire mineral and oil/gas interests in Mississippi properties.
- Shares were issued to members of Liberty Operating, LLC on a pro rata basis per their ownership in Liberty.
- Transaction closed May 31, 2024, with an accounting effective date of May 1, 2024.
- Acquisition expands Company's asset base in Mississippi through wholly-owned subsidiary Barrister Energy LLC.