CVK Maden Announces 170% Capital Increase and Land Expansion in Sakarya

On 4 August, CVK Maden İşletmeleri Sanayi ve Ticaret A.Ş. disclosed a 170 % rights offering that will raise 2.38 billion Turkish lira, increasing its authorized capital to 3.78 billion lira. The new subscription rights are available from 5 August to 19 August 2026, and the issue was approved by the Capital Markets Board. The share price slipped 0.11 % to 37.24 lira after the announcement.

In a separate development, CVK Maden secured an additional 5,193 sqm of land in the Sakarya 2 Organize Sanayi Bölgesi, bringing its total site area to 28,896 sqm. The company plans to construct a new 7,000 sqm closed‑area facility to expand production capacity and storage. Financing includes a 10.1 million‑lira down payment followed by installments, intended to preserve cash flow while the project moves forward.