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 A
402,505,542
Common B
280,000,000
11. Indicate the item numbers reported herein
1
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.
ATN Holdings, Inc.ATN
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 Information on the official issuance of the Mineral Production Sharing Agreement (MPSA) No. 354-2024-IVA to the Corporation
Background/Description of the Disclosure
In compliance with the disclosure requirements of the Securities and Exchange Commission and the Philippine Stock Exchange, the Company respectfully provides a disclosure under Material Information regarding “the official release of the Mineral Production Sharing Agreement (MPSA) No. 354-2024-IVA” by the Department of Environment and Natural Resources – Mines and Geosciences Bureau (MGB) in favor of ATN Holdings, Inc.
Under the MPSA Section III “Term of Agreement” Item 3.1 states: “This Agreement shall have a term of twenty five (25) years from Effective Date and may be renewed thereafter for another term not exceeding twenty five (25) years. The total term of the Special Mines Permit issued to the Contractor on January 04, 2023, including its renewals if any, shall be deducted from the term of this Agreement. The renewal of this Agreement, as well as the changes in the terms and conditions thereof, shall be upon mutual consent by the parties…”
The MPSA was issued after DENR-MGB’s approval of ATN Holdings, Inc.’s (1) Special Mines Permit, (2) Declaration of Mining Project Feasibility (DMPF), and (3) Exploration Permit No. EP-IVA-019, which confirms basalt mineral resources within the MPSA area (82.7092 hectares) as validated by MGB. In line with the issuance, the Company paid the required Registration Fee (O.R. # 8160902) and Occupation Fees to the LGU (O.R. # 21023535 dated February 15, 2024) as required under DAO No. 2010-21.