CR06955-2015

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Sep 30, 2015
2. SEC Identification Number
10044
3. BIR Tax Identification No.
4300283731
4. Exact name of issuer as specified in its charter
PHILEX MINING CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
NO. 27 BRIXTON ST., PASIG CITY Postal Code 1600
8. Issuer's telephone number, including area code
631-1381
9. Former name or former address, and former fiscal year, 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 4,940,399,068
AMOUNT OF DEBT OUTSTANDING 9,649,935,047
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
PHILIPPINE STOCK EXCHANGE
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Sep 30, 2015
Currency (indicate units, if applicable) PHP'000
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2015 Dec 31, 2014
Current Assets 6,080,828 9,530,483
Total Assets 43,517,573 44,640,348
Current Liabilities 6,071,875 7,522,818
Total Liabilities 16,575,959 17,598,528
Retained
Earnings/(Deficit)
15,462,506 14,712,032
Stockholders' Equity 26,941,614 27,041,820
Stockholders' Equity - Parent 24,214,958 23,599,417
Book Value per Share 5.45 5.47
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 2,182,913 2,385,010 6,665,181 7,741,550
Other Revenue 0 0 0 0
Gross Revenue 2,182,913 2,385,010 6,665,181 7,741,550
Operating Expense 1,884,926 1,961,590 5,612,465 6,429,623
Other Expense 9,048 -116,905 -53,476 -54,644
Gross Expense 1,893,974 1,844,685 5,558,989 6,374,979
Net Income/(Loss) Before Tax 288,939 540,325 1,106,192 1,366,571
Income Tax Expense 97,716 190,201 350,161 415,989
Net Income/(Loss) After Tax 191,223 350,124 756,031 950,582
Net Income Attributable to
Parent Equity Holder
244,350 577,856 851,324 1,204,804
Earnings/(Loss) Per Share
(Basic)
0.14 0.16 0.17 0.24
Earnings/(Loss) Per Share
(Diluted)
0.14 0.16 0.17 0.24
Other Relevant Information

N/A

Filed on behalf by:
Name Danny Yu
Designation Senior Vice President for Finance and CFO