Attached files
file | filename |
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8-K - FORM 8-K - JONES SODA CO | v57999e8vk.htm |
EX-99.1 - EX-99.1 - JONES SODA CO | v57999exv99w1.htm |
Exhibit 5.1
January 31,
2011
Jones Soda Co.
234 Ninth Avenue North
Seattle, Washington 98109
234 Ninth Avenue North
Seattle, Washington 98109
Ladies and Gentlemen:
We have acted as counsel for Jones Soda Co., a Washington corporation (the Company),
in connection with the preparation and filing with the Securities and Exchange Commission (the
Commission) of a Registration Statement on Form S-3 (File No. 333-166556) (the
Registration Statement) under the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder (collectively, the Securities Act), the prospectus
dated June 11, 2010 (the Base Prospectus),
and the prospectus supplement dated January 31, 2011
(the Prospectus Supplement), relating to the issuance and sale by the Company of
1,596,773 shares of its common stock, no par value (the Shares), to Glengrove Small Cap
Value, Ltd. (Glengrove) in settlement of a draw down notice delivered by the Company to
Glengrove, as described in the Registration Statement, the Base Prospectus and the Prospectus
Supplement, pursuant to a Common Stock Purchase Agreement dated as of June 11, 2010, between the
Company and Glengrove, a copy of which is included as Exhibit 10.1 to the Companys Current Report
on Form 8-K filed with the Commission on June 14, 2010 (the Purchase Agreement). In
connection with this opinion, we have examined and relied upon the Registration Statement, the Base
Prospectus and the Prospectus Supplement and the Companys Articles of Incorporation and Bylaws,
each as in effect on the date hereof, and the originals or copies certified to our satisfaction of
such records, documents, certificates, memoranda and other instruments as in our judgment are
necessary or appropriate to enable us to render the opinion expressed below. We have assumed the
genuineness and authenticity of all documents submitted to us as originals, and the conformity to
originals of all documents submitted to us as copies thereof and the due execution and delivery of
all documents where due execution and delivery are a prerequisite to the effectiveness thereof.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares
have been duly authorized and, when issued and sold by the Company in the manner described in the
Registration Statement, the Base Prospectus and the Prospectus Supplement will be validly issued,
fully paid and nonassessable.
This opinion is limited to matters governed by the Washington Business Corporation Act.
We hereby consent to reference to our firm under the caption Legal Matters in the Base
Prospectus and the Prospectus Supplement and to the filing of this opinion as Exhibit 5.1 to the
Registration Statement. In giving this consent, we do not hereby admit that we are within the
category of persons whose consent is required under Section 7 of the Securities Act nor do we admit that we are experts with
respect to any part of the Registration Statement within the meaning of the term expert as used
in the Securities Act.
Very truly yours,
/s/
PERKINS COIE LLP