“Maaden” generally agreed to delegate the board of directors to put off the debt tools

The Saudi Arabian Mining Company (Maaden) announced the results of the twelfth extraordinary general assembly meeting (first meeting).
Maaden said in a statement on Saudi Arabia’s circulation: The results of the vote on the association’s agenda included: Approval of the company’s board of directors to put the debt tools of all kinds (including, but not limited to sukuk and bonds), a general or direct proposal or by establishing A facility with a special purpose or more, and whether the instruments or bonds are primary or secondary, listed or not listed, and in any currency, in a part or several parts or through a series of versions within a program or more or independently, inside or outside the Kingdom of Saudi Arabia.
This comes in each case with amounts, times, periods, rates of returns, structure, listing arrangements, clearing arrangements, conditions and other details approved by the Board of Directors from time to time, including guaranteeing the company or providing any other form of credit support for the obligations of the facility with a special purpose.
In order to do this, the council may take all actions and procedures and take all necessary approvals in any country for each proposal and to establish each program and its continuity and update, and it has the right to delegate any or all of these powers to any person or other people and give them the right to delegate others, and the association befriends all the actions and measures taken regarding Any of the above before the date of this decision and its permissibility in all aspects.