JPX Global, Inc. (OTCPK:JPEX) announced a private placement of equity for gross proceeds of $1,000,000 on May 27, 2014. The minimum investment accepted from any investor is $5,000. The company will issue securities pursuant to exemption provided under Regulation D.

On the same date, the company announced that board of director of the company has approved the issuance of an aggregate of 2,220,000 shares at $0.10 per share for gross proceeds of 222,000.