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JX Energy Ltd. ( (HK:3395) ) has issued an update.
JX Energy Ltd. said shareholders approved all resolutions at a special meeting held on February 12, 2026 in Calgary, clearing the way for a loan capitalization deal with Jixing Energy and Mr. Liu. The ordinary resolution ratifying the October 31, 2025 Loan Capitalization Agreement passed with 100% of votes cast in favour, excluding the abstaining connected shareholder Jixing Gas.
Investors also backed a specific mandate authorizing the board to issue capitalization shares, contingent on Hong Kong Stock Exchange approval for listing and dealing. The votes represented 313.19 million shares in favour out of 313.24 million present, suggesting broad support among the 96.18% of eligible share capital that could vote and potentially easing the company’s balance sheet and funding flexibility.
The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.34 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., incorporated in Alberta and listed in Hong Kong, operates in the energy sector. The company focuses on upstream oil and gas exploration and production, positioning itself to tap North American resources while accessing Asian capital markets through its Hong Kong listing.
Average Trading Volume: 327,086
Technical Sentiment Signal: Sell
Current Market Cap: HK$172.8M
Learn more about 3395 stock on TipRanks’ Stock Analysis page.