other material
confidence high
sentiment neutral
materiality 0.50
CoJax Oil issues 2.2M shares at $2.00 to acquire Mississippi mineral interests
CoJax Oil & Gas Corp
- Issued 2,211,982 shares of common stock valued at $2.00/share to Liberty Operating for mineral and oil/gas interests in Mississippi.
- Shares were issued to Liberty's members pro rata based on their ownership interests.
- Acquisition completed August 29, 2024, with an effective date of July 1, 2024 for accounting purposes.
- Shares issued in reliance on Section 4(a)(2) exemption from registration.