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The latest update is out from JX Luxventure ( (JXG) ).
JX Luxventure Group Inc., a corporation headquartered in Haikou City, China, issued a negotiable promissory note to Huidan Li, the Co-Chairman of its board of directors, on February 17, 2025. This promissory note amounts to $3.5 million, reflecting the continuous financial support provided by the chairman over a span of more than three years. The note is transferable and due on demand but does not bear interest. The issuance was exempt from registration under the Securities Act, ensuring it remains a private transaction, which may impact the company’s financing strategies and stakeholder engagements.
More about JX Luxventure
YTD Price Performance: -42.52%
Average Trading Volume: 51,968
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.73M
For a thorough assessment of JXG stock, go to TipRanks’ Stock Analysis page.