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The latest update is out from JX Energy Ltd. ( (HK:3395) ).
JX Energy Ltd., a company incorporated in Alberta, has announced a proposed issue of new shares under a general mandate. The company has entered into a Subscription Agreement to issue 7,775,884 shares at a price of HK$0.436 each, representing a 1.33% increase in its issued share capital. The subscription price reflects a 3.81% premium over the closing price on the agreement date. The gross proceeds are expected to be approximately C$594,139, with net proceeds intended for specific applications as outlined by the company. The completion of this subscription is subject to certain conditions, and the company plans to seek listing approval for these shares on the Stock Exchange.
More about JX Energy Ltd.
Average Trading Volume: 5,766,840
Technical Sentiment Signal: Buy
Current Market Cap: HK$254.7M
See more data about 3395 stock on TipRanks’ Stock Analysis page.