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JX Luxventure Issues $3.5M Promissory Note to Co-Chairman

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JX Luxventure Issues $3.5M Promissory Note to Co-Chairman

Confident Investing Starts Here:

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.

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