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Saudi Arabian Mining Co. Announces Non-distribution of Cash Dividends to Shareholders for For the year ended in 31 December 2019.

Element ListExplanation
Board Resolution Date 2020-01-30 Corresponding to 1441-06-05
Reasons for Not Recommending Distribution The reason To recommend to the General Assembly to not distribute dividends for the financial year 2019 to allow the company to continue the completion of building and financing its ongoing projects in accordance with its strategy
Approvals The Board recommend not to distribute dividends for the year 2019 shall be submitted to the next General Assembly Meeting for endorsement.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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