The license was issued to raise the capital of MIDHCO
Mining News Pro - The management of the initial market surveillance of the Securities and Exchange Organization called for the devaluation of MIDHCO.

According to Mining News Pro -Under this license, MIDHCO can raise its current capital from 23,760 billion rials to 29 thousand billion rials.

The increase in the share of 22% of the current capital amounts to 5,240 billion Rials and is expected to be made from shareholders` claims and brought in cash.

This increase in capital is aimed at compensating for the contribution made to increasing the capital of subsidiaries.

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