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JX Energy Ltd. ( (HK:3395) ) has issued an update.
JX Energy Ltd., a company incorporated in Alberta, has announced a supplemental agreement regarding its convertible debenture arrangement. The company plans to issue up to 42,028,438 Capitalization Shares to a lender at a price of HK$0.20 per share, which represents approximately 40.19% of the shares issuable under its General Mandate. This move will impact the company’s shareholding structure, increasing the lender’s stake to 16.67% while reducing the percentage held by other shareholders.
More about JX Energy Ltd.
Average Trading Volume: 173,838
Technical Sentiment Signal: Sell
Current Market Cap: HK$37.65M
For an in-depth examination of 3395 stock, go to TipRanks’ Stock Analysis page.