Saudi Arabian Mining Co. — Capital/Financing Update 2012

Apr 21, 2012

Saudi Arabian Mining Company (Maaden) announce that it has the intention to obtain funding which will not exceed 7 billion Saudi Riyal

1211 · 21/04/2012 09:11:40 · Announcement #25446 · View on Saudi Exchange

Saudi Arabian Mining Company (Maaden) announce that it has the intention to obtain funding which will not exceed 7 billion Saudi Riyal

Saudi Arabian Mining Company (Maaden) announce that it is in the process of consultation with number of Banks with the intention to obtain medium-term Murabaha financing which will not exceed 7 billion Saudi Riyals. The purpose of this funding is to finance the Companys investments in the future projects. Any development in this regard shall be announced in due course.

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