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Trecora Resources Announces Proceeds of $5.3 million from AMAK Mining Co. Share Repurchase

Jan 02, 2019 - PR Newswire

PR Newswire

 Trecora Resources (the "Company") (NYSE: TREC), a leading provider of high purity specialty hydrocarbons and waxes, today announced that on December 26, 2018, Al Masane Al Kobra Mining Company ("AMAK"), a Saudi Arabian closed joint stock mining company in which the Company owns a 33.4% stake, completed the repurchase of 10% of its outstanding shares on a pro-rata basis from its existing shareholders, resulting in gross proceeds of $5.3 million to the Company. The Company's ow...