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JX Energy Ltd. Announces New Share Issuance Under General Mandate

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JX Energy Ltd. Announces New Share Issuance Under General Mandate

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JX Energy Ltd. ( (HK:3395) ) has shared an update.

JX Energy Ltd. has announced a proposed issue of new shares under a general mandate, with a Subscription Agreement entered into on September 5, 2025. The company plans to issue 12,891,250 new shares at a price of HK$0.33 per share, representing a discount to recent trading prices. This issuance will result in gross proceeds of approximately C$750,000, with net proceeds intended for specific purposes outlined by the company. The new shares will account for about 2.20% of the company’s current issued share capital, and an application for listing these shares on the Stock Exchange will be made. The completion of this subscription is conditional, and stakeholders are advised to exercise caution.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

More about JX Energy Ltd.

JX Energy Ltd. is a company incorporated under the laws of Alberta, operating within the energy sector. The company is listed on the Stock Exchange of Hong Kong and is involved in the issuance of securities.

Average Trading Volume: 6,156,712

Technical Sentiment Signal: Buy

Current Market Cap: HK$213.7M

See more insights into 3395 stock on TipRanks’ Stock Analysis page.

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