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
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