C07164-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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common | 5,782,399,068 |
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Subject of the Disclosure |
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Approval of Amended Articles of Incorporation of Silangan Mindanao Exploration Co. Inc. (SMECI) (a wholly owned subsidiary of Philex Mining Corporation) |
Background/Description of the Disclosure |
This is to inform the public that the Securities and Exchange Commission has approved the application for the amendment of the Articles of Incorporation of Silangan Mindanao Exploration Co. Inc. (SMECI) - a wholly owned subsidiary of Philex Mining Corporation to include, among SMECI's secondary purposes, the guarantee of any debt, obligation, or loan of a subsidiary, and to mortgage, pledge, or encumber corporate property to secure obligations of a subsidiary. |
Other Relevant Information |
n/a |
Name | Romeo Bachoco |
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Designation | Chief Finance Officer |