SQM plans share issue to part fund capex program
28.12.2020
MOSCOW (MRC) -- SQM (Santiago, Chile) says its board has approved the initiation of a process to increase the company's capital by up to USD1.1 billion by issuing about 22.4 million Series B shares of common stock, said Chemweek.The process will begin with an extraordinary shareholders' meeting on 22 January 2021, where the company will seek approval for the capital increase.The capital