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 30, 2023

2. SEC Identification Number

40938

3. BIR Tax Identification No.

000169117000

4. Exact name of issuer as specified in its charter

UNITED PARAGON MINING CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro Manila Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6th Floor Quad Alpha Centrum 125 Pioneer St. Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

86315139

9. Former name or former address, if changed since last report

n/a

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	261,314,797,080

11. Indicate the item numbers reported herein

Item 9

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.

United Paragon Mining CorporationUPM

PSE Disclosure Form 4-4 - Amendments to By-Laws References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendments to By-Laws
Background/Description of the Disclosure
At the Special Board Meeting of United Paragon Mining Corporation held today, June 14, 2023, the Board approved the amendment of Article II, Section 1.f.vi of the Company's By-Laws.

Date of Approval by Board of Directors	Jun 14, 2023
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article and Section Nos.	From	To
Article II Section 1.1.1.f.vi	_	INDEPENDENT DIRECTORS – The Company shall have three (3) independent directors or such number of independent directors constituting at least 20% of its board size.

Rationale for the amendment(s)

In order to align certain provisions of the Articles of Incorporation and By-Laws with the Revised Corporation Code (RCC), various SEC memos and the Code of Corporate Governance, as well as to formalize certain standards, procedures and rules that the Corporation shall follow for efficient operation, the BOD approved the resolution amending UPM's By-Laws, Article II, Section 1.1.1.f.vi. The Amendment will be presented to the Shareholders for their approval.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the By-Laws with the SEC	TBA
Expected date of SEC approval of the Amended By-Laws	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The amendment will not affect the Company's operation nor its capital structure
Other Relevant Information
Reason for Amendment: to Correct typographical error, it should be: UPM By-Laws, Article II, Section 1.1.1.f.vi Please see attached SEC Form 17-C-(corrected) with the Amendment to UPM By-Laws in tabular format.