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Saudi Arabia's Amak Seeks Regulatory Approval for Capital Increase via Rights Issue

MT Newswires·05/22/2026 00:01:58
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12:01 AM EDT, 05/22/2026 (MT Newswires) -- Almasane Alkobra Mining (SASE:1322), d/b/a Amak, applied to the Saudi Arabia's Capital Market Authority to increase its capital through a rights issue worth 680 million Saudi riyals. The Saudi Arabian miner's board proposed the capital increase in February, according to a Thursday release.