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)

Jul 26, 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 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

17-C

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

Subject of the Disclosure
PHILEX MINING REPORTED PHP314 MILLION CORE NET INCOME FOR 2Q2023; DEVELOPMENT WORKS IN SILANGAN PROJECT NOW ON HIGH GEAR
Background/Description of the Disclosure
HIGHLIGHTS • 2Q2023 Core Net Income at Php314 million compared to Php657 million in 2Q2022 • 2Q2023 EBITDA at Php553 million lower than 2Q2022 EBITDA of Php1.171 billion • Tonnes milled for 2Q2023 was 1.825 million tonnes, slightly lower than the 1.859 million tonnes milled in 2Q2022 • Gold prices improved by 6% while Copper dipped by 7% in 2Q2023 versus 2Q2022 levels • Operating revenues are lower at Php2.051 billion in 2Q2023 compared to Php2.485 billion in 2Q2022 • Silangan east decline portal completed and tunneling works towards the ore body goes full swing
Other Relevant Information
See attached