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
79,087,499
11. Indicate the item numbers reported herein
Item # 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.
Dizon Copper-Silver Mines, Inc.DIZ
PSE Disclosure Form ETF-12- Material Information/Transactions Reference: Section 6 of the Rules on Exchange Traded Funds
Subject of the Disclosure
Results of the Board of Directors Meeting today April 11, 2024.
Background/Description of the Disclosure
In its virtual meeting of the Board of Directors of Dizon Copper Silver Mines, Inc. (the “Company”) held today the following were discussed and approved:
The Board of Directors assigned Mr. Reyno D. Dizon to act as the Acting Corporate Secretary.
1. The minutes of the Organizational Meeting last December 15, 2023.
2. The 2023 Audited Financial Statements (Parent and Consolidated), 2023 Annual Report (SEC17A) and 2023 Sustainability Report ending December 31, 2023.
3. The Management briefed and updated on the conditions of the Bayarong Tailings Dam and other structures. Management presented the proposed rehabilitation program for the tailings dam and its structures. The program outlined a comprehensive strategy for the rehabilitation and restoration of the affected areas over a three-year period (2024, 2025 and 2026) for a total estimated budget of Php. 25.5 million. The presentation included details of environmental impact assessment, remedial techniques, and community engagement strategies. Following the presentation, there was a discussion and the President respond to the feasibility and effectiveness of the proposed rehabilitation plan and allocation. The Board approved the rehabilitation program and budget allocation.