In connection with the change, the company is implementing a share consolidation on a 25:1 basis
Mojave Jane Brands Inc (CSE:JANE) (OTCMKTS:HHPHF) (FRA:0HCN) has successfully rebranded as Mojave Brands Inc and its ticker symbol will change to ‘MOJO’ on the Canadian Securities Exchange on or around Monday, April 5.
In connection with the change, the company is implementing a share consolidation on a 25:1 basis. “Following the share consolidation, the company will have approximately 4,492,426 common shares issued and outstanding,” Mojave said in a statement.
The Toronto-based company said all shareholders who submit a duly completed letter of transmittal along with their respective pre-consolidation share certificates to Computershare will receive a post-consolidation share certificate or direct registration advice representing the post-consolidation shares and under the new name of the company.
READ: Mojave Jane Brands appoints Mervyn Pinto as CEO, CFO and director
Mojave had been focused on developing cannabis extracts, distillates and concentrates, and its CALIGOLD brand of cannabis-infused chocolate and edibles.
In February, the company appointed Mervyn Pinto as CEO, CFO, and as a director of the company.
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