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) Jun 27, 20222. SEC Identification Number 100443. BIR Tax Identification No. 0002837310004. Exact name of issuer as specified in its charter PHILEX MINING CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 2nd Floor LaunchPad, Reliance Cor. Sheridan Sts., Mandaluyong CityPostal Code15508. Issuer's telephone number, including area code +632 8631-13819. 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
common
4,940,399,068
11. Indicate the item numbers reported herein 4-30
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.
Philex Mining CorporationPX
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Receipt of Pre-effective letter issued by the Securities and Exchange Commission
Background/Description of the Disclosure
Philex Mining Corporation (the "Company") received today, 24 June 2022, the pre-effective letter, dated 23 June 2022, issued by the Securities and Exchange Commission ("SEC"), relating to the Stock Rights Offer of up to Eight Hundred Forty Two Million (842,000,000) common shares subject to compliance by the Company with the conditions prescribed in the pre-effective letter.
The pre-effective letter is in relation to the Company's Amended Registration Statement (SEC Form 12-1) filed with the Commission on June 17, 2022 (originally filed on November 8, 2021, then revised on January 25, 2022) relating to the Stock Rights Offer of up to Eight Hundred Forty Two Million (842,000,000) common shares with par value of One Peso (PhP1.00) per Offer Share, to be listed and traded on the Main Board of the Philippine Stock Exchange, Inc. (PSE).
The pre-effective letter is without prejudice to the prerogative of the SEC to act later against the Company, if warranted, to ensure full compliance with the provisions of the Securities Regulation Code, its Implementing Rules and Regulations, as well as P.D. 129, as amended, and the Omnibus Rules and Regulations for Investment House and Universal Bank Registered as Underwriters of Securities.
For your information.
Other Relevant Information
Amended to attached SEC Form 17-C
Filed on behalf by:
Name
Paraluman Navarro
Designation
AVP Finance
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Philex Mining Corporation published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 10:53:07 UTC.
Philex Mining Corporation is a Philippines-based gold and copper producer in Southeast Asia. The Company's two main businesses include mining, and energy and hydrocarbon. The Company is engaged in exploration, development and utilization of mineral resources in the Philippines. Its business includes Padcal mine, Silangan Copper and Gold Project, Bulawan project and Sibutad Project. The Company operates Padcal mine in Benguet Province, Island of Luzon, Philippines, employing the underground block cave mining method, and producing copper concentrates containing gold, copper and silver. The Silangan Copper and Gold Project, located in Surigao del Norte, consists of two deposits - Boyongan and Bayugo. Its Bulawan project has residual resource estimates of around 29.6 million tons containing 1.7 million ounces of gold, which also includes the Vista Alegre area. Its subsidiaries include Philex Gold Philippines, Inc. Silangan Mindanao Exploration Co., Inc. and Philex Gold Holdings, Inc.