SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Mar 21, 20222. SEC Identification Number 1013. BIR Tax Identification No. 320-000-160-2474. Exact name of issuer as specified in its charter LEPANTO CONSOLIDATED MINING COMPANY5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 21st Floor, Lepanto Building, 8747 Paseo de Roxas, Makati City, PhilippinesPostal Code12268. Issuer's telephone number, including area code (632) 8815-94479. Former name or former address, if changed since last report n/a10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Class "A" 39,822,869,196
Class "B" 26,552,888,901
11. Indicate the item numbers reported herein -

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Lepanto Consolidated Mining CompanyLC PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Amendments to Articles VII of Incorporation

Background/Description of the Disclosure

Article VII is being amended to increase the authorized capital stock from P6.64 Billion to P9.00 Billion.

Date of Approval by
Board of Directors 		Feb 2, 2022
Date of Approval by Stockholders Mar 21, 2022
Other Relevant Regulatory Agency, if applicable -
Date of Approval by Relevant Regulatory Agency, if applicable TBA
Date of Approval by Securities and Exchange Commission TBA
Date of Receipt of SEC approval TBA
Amendment(s)
Article No. From To
SEVENTH, 1st Paragraph That the capital stock of said corporation is Six Billion Six Hundred Forty Million Pesos (P6,640,000,000.00), Philippine Currency, and said capital stock is divided into Thirty Nine Billion Eight Hundred Forty Million (39,840,000,000) shares of Class "A" Common Stock and Twenty Six Billion Five Hundred Sixty Million (26,560,000,000) shares of Class "B" Common Stock, both classes of shares being of the par value of Ten Centavos (P0.10) each. That the capital stock of said corporation is Nine Billion Pesos (9,000,000,000.00), Philippine Currency, and said capital stock is divided into Fifty Four Billion (54,000,000,000) shares of Class "A" Common Stock and Thirty Six Billion (36,000,000,000) shares of Class "B" Common Stock, both classes of shares being of the par value of Ten Centavos (P0.10) each.
Rationale for the amendment(s)

The present authorized capital stock of the Company is almost fully subscribed.

The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC TBA
Expected date of SEC approval of the Amended Articles of Incorporation TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

Increasing the authorized capital stock will enable the Company to raise capital which can be used for exploration drilling, to increase the ore resource and mine development, thus improving production.

Other Relevant Information

n/a

Filed on behalf by:
Name Odette Javier
Designation Vice President and Assistant Corporate Secretary

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Lepanto Consolidated Mining Company published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2022 00:09:08 UTC.