Deregistration, transition to OTC Markets disclosure, a pending corporate name and symbol change, the platform's instrument architecture, and the launch of TMINES.COM.
Pineapple Express Cannabis Company (the “Company,” doing business as “T-MINES™”), today issued a corporate update covering its deregistration, its transition to OTC Markets disclosure, its pending corporate name and symbol change, its business model, and the launch of its new corporate website platform.
Exchange Act Deregistration and Disclosure Transition
On August 10, 2026, the Company filed a Form 15 with the U.S. Securities and Exchange Commission (SEC) under Rule 12g-4(a)(1), to terminate the Company’s periodic reporting obligations. The Company is updating its OTC Markets company profile and intends to provide ongoing disclosure through the OTC Markets disclosure and news service.
Pending Name and Symbol Change
The Company is pursuing a corporate name change to Tokenization Mines Corp., and a related change of its trading symbol, in each case subject to requisite corporate approvals and processing of the company-related action notice by the Financial Industry Regulatory Authority (FINRA) under FINRA Rule 6490. The name and symbol change will become effective only upon FINRA’s announcement.
Platform and Instrument Architecture
The Company’s instruments issue on TM Protocol, a permissioned EVM rail built on the ERC-3643 (T-REX) token standard with on-chain identity (ONCHAINID) and modular compliance, enforcing know-your-customer and anti-money-laundering (KYC/AML) screening and eligibility rules on every transfer at the smart-contract level. Three instrument families operate on the rail: TM Claim Tokens (TMCT), senior secured note tokens backed by first-priority Uniform Commercial Code (UCC) Article 9 liens, an independent collateral agent, and bankruptcy-remote special purpose vehicles (SPVs); TM Vault Tokens (TMVT), title-bearing tokens representing 1:1 allocated physical metal or individually graded stones in accredited third-party custody; and TM Float Tokens (TMFT), 1:1 share-backed wrappers on mining company equity with full dividend pass-through and instruction-based voting.
Senior secured note tokens backed by first-priority UCC Article 9 liens, an independent collateral agent, and bankruptcy-remote SPVs.
Title-bearing tokens representing 1:1 allocated physical metal or individually graded stones in accredited third-party custody.
1:1 share-backed wrappers on mining company equity with full dividend pass-through and instruction-based voting.
Tokenized securities issued on the platform are digital securities by operation of law under the Wyoming Digital Assets Act, Wyo. Stat. §§ 34-29-101 et seq. Primary offerings are conducted under Rule 506(c) of Regulation D and Regulation S, and secondary transfers are contemplated post-Rule 144 through registered alternative trading system (ATS) and broker-dealer venues.
New Corporate Website
The Company has launched its new corporate website at TMINES.COM, the operational front door to the platform. Mining operators enter through a structured onboarding and ranking framework: each mine is scored against standardized diligence criteria — title and concession verification, permitting and registry status, collateral quality, and operational data — before any instrument is approved for minting.
Investors access offerings through a verification gate: prospective participants complete accredited-investor verification consistent with Rule 506(c) of Regulation D, or non-U.S. person certification under Regulation S, together with know-your-customer and anti-money-laundering screening, after which they may review offering documents and subscribe to token offerings directly through the platform.
For every asset minted, the platform provides the complete legal and mining record — concession and title documentation, permitting and registry status, collateral and custody documentation, and technical mining data, including the geographic coordinates of each mine — giving verified investors primary-source due diligence before committing capital.
“Deregistration is not a retreat from transparency. Our immidiate focus is on our revenue from the platform itself: access is licensed on an annual subscription, and every token minted on the rail carries a platform minting fee — recurring income plus issuance-linked income, neither tied to the fortunes of any single mine. The pending FINRA name and symbol change to Tokenization Mines Corp puts the right name on the business.”
FranJose Yglesias · Chief Executive Officer
About $PNXP (d/b/a) T-MINES™
Pineapple Express Cannabis Company (d/b/a T-MINES™) is repositioning as a vertically integrated tokenized mineral finance platform connecting global mining operators, verified investors, and traders on a single compliance-first rail, spanning gold, silver, copper, platinum, diamonds, emeralds and other precious stones, and rare earth elements. The platform earns revenue through annual subscription fees and token minting fees, independent of any single mine’s performance. Learn more at TMINES.COM.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the Company’s repositioning, planned offerings, disclosure practices, and the pending name and symbol change, which remain subject to corporate approvals and FINRA processing and may not occur on the anticipated timeline or at all. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including regulatory developments, market conditions, and counterparty performance. The Company undertakes no obligation to update any forward-looking statement except as required by law.