tiprankstipranks
Trending News
More News >

JX Energy Ltd. Enters Convertible Debenture Agreement

Story Highlights
JX Energy Ltd. Enters Convertible Debenture Agreement

An update from JX Energy Ltd. ( (HK:3395) ) is now available.

JX Energy Ltd., a company incorporated in Alberta, has entered into a Convertible Debenture Agreement with an independent third-party lender. The agreement, announced on March 19, 2025, allows for the repayment of a loan amounting to USD$1,515,144 through cash, Capitalization Shares, or a combination of both, with the form of payment to be mutually agreed upon. If the loan is settled through Capitalization Shares, it could result in the issuance of approximately 58.93 million shares, representing a significant portion of the company’s share capital.

More about JX Energy Ltd.

YTD Price Performance: -60.53%

Average Trading Volume: 179,500

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$39.22M

For a thorough assessment of 3395 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App