M&A
confidence high
sentiment neutral
materiality 0.60
CoJax issues 1.6M shares at $2.10 to acquire mineral and royalty interests
CoJax Oil & Gas Corp
- Issued 1,600,000 common shares at $2.10/share to Taxodium Energy LLC for mineral and oil/gas royalty interests in Mississippi and Alabama.
- Shares allocated to Taxodium members pro rata; issuance exempt under Section 4(a)(2) of Securities Act.
- Acquisition closed Nov 8, 2022, effective Oct 1, 2022; subsidiary Barrister Energy LLC receives the assets.