Morixe Hermanos S.A.C. e I. (BASE:MORI) announced that it has issued 175,000,000 common shares at a price of ARS 1 per share for the gross proceed of ARS 175,000,000 on August 24, 2018. Post the transaction, the registered capital of the company will increase from ARS 46,902,018 to ARS 221,902,018. The transaction has been approved in the ordinary and extraordinary General Assemblies of Shareholders of Morixe held on September 30, 2015, September 29, 2016 and September 21, 2017. The transaction has been authorized by the National Securities Commission on July 20, 2018.