C07702-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common (NIKL) | 13,882,210,614 |
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Subject of the Disclosure |
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Conversion of up to PhP813 million cumulative advances into equity in Emerging Power, Inc. |
Background/Description of the Disclosure |
At the meeting of the Board of Directors of Nickel Asia Corporation (the “Company”) held on October 26, 2023, the Board approved the conversion of the Company’s cumulative advances of up to PhP813 million to its renewable energy subsidiary, Emerging Power, Inc. (EPI) into equity, upon approval of the increase in authorized capital stock of EPI. |
Other Relevant Information |
None. |
Name | Georgina Carolina Martinez |
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Designation | Senior Vice President - Corporate Support and Compliance Services, Chief Compliance Officer, Chief Governance Officer, and Assistant Corporate Secretary |