Champignon Brands (CSE: SHRM) is evidently looking to turn a new leaf, with the company this morning announcing that it will be changing both its ticker symbol as well as its name. Going forward, the company will now be known as Braxia Scientific Corp.
The new name allegedly enables the company to “emphasize our core business objective around changing the way depression and other mental disorders are treated.” The name reportedly reflects the renewed focus on ketamine and psychedelic research as well as drug development priorities.
In association with the name change, the company expects its ticker symbols to change as well. On the CSE, its symbol will become “BRAX”, while the OTC market will see the firms symbol changed to “BRAXF”. The name and symbol changes are expected to take effect May 5, 2021. The announcement follows the company formally beginning trading just over a week ago after a multiple month long halt.
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Champignon Brands last traded at $0.57 on the CSE.
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