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 22, 2023

2. SEC Identification Number

10044

3. BIR Tax Identification No.

000283731000

4. Exact name of issuer as specified in its charter

PHILEX MINING CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2nd Floor LaunchPad, Reliance Cor. Sheridan Sts., Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

+632 8631 1381

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	5,782,399,068

11. Indicate the item numbers reported herein

4-3

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.

Philex Mining CorporationPX

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of the Second Article of our Articles of Incorporation to include under the Corporation's Secondary Purposes
Background/Description of the Disclosure
"Please be informed that our Board of Directors, at its regular meeting held on April 27, 2023, approved the amendment of the Second Article of our Articles of Incorporation to include under the Corporation's Secondary Purposes the power to guarantee debts, obligations, or loans of a subsidiary or affiliate corporation, and mortgage, pledge, or encumber the properties and assets of the Corporation to secure the obligations of a subsidiary or affiliate. On June 22, 2023, the Board of Directors clarified and confirmed that the amended provision be as follows: "To guarantee debts, obligations, or loans of a subsidiary corporation, and mortgage, pledge, or encumber the properties and assets of the corporation to secure the obligations of a subsidiary.” The proposed amendment was presented and approved by stockholders at their annual meeting on June 22, 2023. Stockholders owning 3,913,766,695 shares representing 67.68% of the total outsatnding shares approved the amendment.

Date of Approval by Board of Directors	Apr 27, 2023
Date of Approval by Stockholders	Jun 22, 2023
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 No.	From	To
II	-	the power to guarantee debts, obligations, or loans of a subsidiary corporation, and mortgage, pledge, or encumber the properties and assets of the Corporation to secure the obligations of a subsidiary.

Rationale for the amendment(s)
To include in the Corporation's Secondary Purposes the power to guarantee debts, obligations, or loans of a subsidiary corporation, and mortgage, pledge, or encumber the properties and assets of the Corporation to secure the obligations of a subsidiary.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
Additional power to to guarantee debts, obligations, or loans of a subsidiary corporation, and mortgage, pledge, or encumber the properties and assets of the Corporation to secure the obligations of a subsidiary.
Other Relevant Information
Amended to include the approved amended provision and approval date of the Stockholders.