Company: JXG
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001213900-25-049490
Chunk: 1

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-30
Form: 6-K
Chunk 1
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of Series F Stock is convertible into 100 shares of the Company’s common stock without payment or any additional consideration by
the holders thereof. Such conversion is subject to the following schedule: (i) up to 2,000 shares of Series F Stock issued to each Holder
may be converted by such Holder at any time from the date of the issuance; (ii) up to additional 2,500 shares of Series F Stock may be
converted by such Holder at any time after 90 days from the date of the issuance; (iii) up to 3,000 shares of Series F Stock counted on
the date of the issuance may be converted by such Holder after six (6) months from the date of the issuance; and (iv) the remaining 4,000
shares of Series F Stock may be converted by such holder after nine (9) months from the date of the issuance. If any shares of Series
F Stock remain outstanding on or after one (1) year from the date of the issuance, the Company will have the right, but not the obligations,
to require the holders of such shares of Series F Stock to convert them into the number of fully paid and non-assessable shares of common
stock as would result from multiplying the number of shares of Series F Stock by 100.

Holders of Series F Stock will vote together with
holders of shares of the Company’s common stock on a one-for-one basis, without regard to the number of shares of common stock into
which each share of Series F Stock is convertible, have no special dividend rights, and ranks equally to our common stock with respect
to rights upon liquidation.

The foregoing description of the Certificate of
Designation of Series F Stock does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificate
of Designation of Series F Stock, a filed stamped copy of which is attached to this current report as Exhibit 10.1 and incorporated herein
by reference.

On May 29, 2025, at the closing of the Exchange
Agreement (the “Closing”), the Company issued to the Holders an aggregate of 69,000 shares of Series F Stock in cancellation
of the Total Amount Due (each Holder received 11,550 shares of Series F Stock) in cancellation of $230,000 principal amount under the
Note issued to each Holder). The shares of Series F Stock were issued in the transaction exempt from registration requirements under Section
4(a)(