EX-5.1 2 jaag_ex51.htm LETTER jaag_ex51.htm

EXHIBIT 5.1

 

JONES & HALEY, P.C.

ATTORNEYS AT LAW

 

750 HAMMOND DRIVE
SUITE 100, BUILDING 12
ATLANTA, GEORGIA 30328-6273

RICHARD W. JONES

Email: jones@corplaw.net

www.corplaw.net

Telephone 770-804-0500

Facsimile 770-804-8004

 

May 24, 2023

 

United States Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

 

 

Re:

Jaag Enterprises Ltd. – Registration Statement on Form S-1

 

[J&H File No. 4024.00]

  

Ladies and Gentlemen:

 

We have acted as counsel for Jaag Enterprises Ltd., a Nevada corporation (the "Company"), in connection with the preparation and filing of the above-referenced registration statement for the proposed offering of 3,508,000 shares of the Company's $0.0001 par value common stock, by the Company and 34 shareholders of the Company (the “Selling Shareholders”).

 

In connection with our representation, we have examined the Company's Articles of Incorporation, the By-laws, minutes of meetings of the Stockholders and Board of Directors, and such other records as we have deemed relevant and necessary to render our opinion as expressed herein. As to all questions of fact material to this opinion, which have not been independently established, we have relied upon statements or certificates of officers or representatives of the Company. We have not independently verified or investigated, nor do we assume any responsibility for the factual accuracy or completeness of such factual statements.

 

In making our examinations, we assume the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to the original documents of all documents submitted to us as copies, and the due execution and delivery of all documents by any persons or entities where due execution and delivery by such persons or entities is a prerequisite to the effectiveness of such documents.

 

 

 

 

 

United States Securities and Exchange Commission

May 24, 2023

Page 2

   

Based on the foregoing, it is our opinion that:

 

(1) The Company is duly organized and incorporated and validly exists as a corporation in good standing under the laws of the State of Nevada.

 

(2) All necessary corporation action has been taken by the Company to authorize the filing of the Registration Statement with respect to the offering by the Company and the selling shareholders of its common stock.

 

(3) The shares to be sold by the Selling Shareholders are validly issued, fully paid, and non-assessable, and the shares to be issued and sold by the Company, all as more specifically described in said Registration Statement, have been duly and validly authorized and, when issued and delivered against payment therefor, will be duly and validly issued and fully paid and non-assessable.

 

We do not find it necessary for the purpose of this opinion to cover, and accordingly we express no opinion as to the application of the securities or blue sky laws of the various states.

 

Our opinion expressed above is limited to the laws of the State of Nevada. We do not express any opinion concerning any other law. The opinions set forth herein are based upon pertinent laws and facts in existence as of the date hereof, and we expressly disclaim any obligation to advise you of changes to such pertinent laws or facts that hereafter may come to our attention.

 

We hereby consent to the filing of this opinion as an Exhibit to the above-referenced Registration Statement, and further consent to the use of our name under the heading "Legal Matters" therein and in the Prospectus which forms a part thereof.

 

 

Sincerely yours,

 

 

 

 

 

 

JONES & HALEY, P.C.,

 

 

For the Firm

 

 

 

 

 

 

By:

/s/ Richard W. Jones

 

 

 

Richard W. Jones

 

 

RWJ:bas