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)

Mar 5, 2024

2. SEC Identification Number

PW000115A

3. BIR Tax Identification No.

000154572

4. Exact name of issuer as specified in its charter

Atlas Consolidated Mining and Development Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

5F Five E-com Center, Palm Coast cor. Pacific Drive, Mall of Asia, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(+632) 8403081 local 25001

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

Not applicable

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, Php 1.00 par value	3,559,532,774

11. Indicate the item numbers reported herein

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.

Atlas Consolidated Mining and Development CorporationAT

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Company's Financial and Operating Results for the Year 2023
Background/Description of the Disclosure
The Company's Board of Directors, in its regular meeting held at 1:30 PM today, March 5, 2024, approved the Company's Financial and Operating Results for the year 2023 with comparatives for the year 2022.
Other Relevant Information
Atlas Consolidated Mining and Development Corporation (“Atlas Mining”) ended 2023 with a consolidated Net Income After Tax (NIAT) of Php 1.1 billion, lower by 65% from Php 3.2 billion in 2022. The lower NIAT was mainly due to lower copper prices in 2023 and the previous year’s recognition of one time gain on early payment of loan. Copper metal price this year averaged at $3.81/pound, lower by 15% from previous year’s equivalent of $4.51/pound (inclusive of hedging gains). Earnings before interest, tax, depreciation and amortization (EBITDA) was Php6.7 billion for the year, 23% higher compared to Php5.4 billion in 2022. The Company will disclose the 2023 Audited Financial Results using SEC Form 17Q once available. For more information, please refer to the attached Press Release on the financial and operating results of Atlas Consolidated Mining and Development Corporation (AT) for 2023.