Remarks C04525-2023

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 6, 2023
2. SEC Identification Number
7443
3. BIR Tax Identification No.
000-062-736
4. Exact name of issuer as specified in its charter
EAST COAST VULCAN CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4TH Floor, Pacific Star Building, Low Rise Tower, Makati Avenue corner Senator Gil Puyat Avenue, Makati City Postal Code 1209
8. Issuer's telephone number, including area code
028511-8312
9. Former name or former address, if changed since last report
Formerly VULCAN INDUSTRIAL & MINING CORPORATION
10. 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 Stock 6,630,000,000
11. Indicate the item numbers reported herein
Item 9 Other events

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.

Vulcan Industrial & Mining CorporationVUL

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

Material matters approved by the Board of Directors during the meeting held on June 6, 2023.
.
Background/Description of the Disclosure

Please be informed that on June 6, 2023, the Board of Directors approved the following material matters:

1. The resignation of Mr. Earl J. Torres as independent director was accepted with immediate effect.

2. The change of stock symbol of the Company from “VUL” to “ECVC”.

3. The holding of the Annual Stockholders’ Meeting for the year 2023 on September 11, 2023, with the record date on August 11, 2023. The agenda has not yet been finalized and will be disclosed as soon as it is approved by Management.

4. The consent by the Corporation to the assignment to third-parties by Mr. Hilario G. Pagauitan and Ms. Sofia G. Pagauitan of their 486,055,662 partially-paid shares (the “Partially Paid Shares”) acquired from National Book Store under the Deed of Assignment dated July 1, 2021. The Board likewise authorized the Treasurer, Ms. Hilarnie Mercurie P. Parada to sign, execute, and deliver for and on behalf of the company, the necessary documents to implement the assignment of shares.

The BIR certificate authorizing registration (“BIR CAR”) of the transfer of the Partially Paid Shares to the Pagauitan spouses is currently pending. However, such Partially Paid Shares have been treated as non-public shares since its acquisition by the Pagauitan spouses on July 1, 2021. The same Partially Paid Shares may be further assigned after the BIR CAR has been issued. Assignees for such shares have not yet been identified to date.

5. The offer and issuance of 550,000,000 new private placement shares at the subscription price of One Peso (Php 1.00) per share for the purpose of complying with the 20% public float requirement. At least 10% of the total subscription price shall be payable in cash upon subscription, and the balance shall be payable within one (1) year from the date of the subscription in cash and/or property acceptable to the Corporation. The subscription and issuance of the 550,000,000 new shares shall result in the increase of the subscribed and issued capital stock from 6,630,000,000 shares to 7,180,000,000 shares. The subscription proceeds shall be used for the operations of the Company, business development, repayment of advances and/or acquisition of mining rights. “
Other Relevant Information

Please see attached SEC form 17C.
Filed on behalf by:
Name Edgardo Caringal
Designation Senior Vice President - Operations, Chief Compliance Officer