AMAK Submits SAR 680 Million Rights Issue Application

AMAK

AMAK

1322.SA

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Almasane Alkobra Mining Company (AMAK) announced on May 21, 2026 the submission of an application file to the Capital Market Authority to increase its capital through a rights issue offering. The proposed capital increase has a total offering value of SAR 680 million, following the board of directors' recommendation announced on February 16, 2026. The company will announce future developments regarding this capital increase application in due course.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95627&anCat=1&cs=1322&locale=ar

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