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
13,277,470,000
Preferred
3,780
11. Indicate the item numbers reported herein
Item No.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.
DMCI Holdings, Inc.DMC
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
Press Release: Berong Nickel Corporation Official Statement
Background/Description of the Disclosure
Official Statement
In a recent press conference in Malacanang, President Rodrigo R. Duterte cited Berong Nickel Corporation (BNC) as one of ten mining firms engaged in destructive mining practices.
We are deeply saddened by his pronouncement, and believe that it was issued based on false and misleading information.
BNC does not engage in destructive mining practices. We take pride in our world-class systems and protocols, which were established by Australian mining experts as early as 2006.
Last month, we even passed the ISO 14001 audit by TÜV Rheinland, proving that our environmental management system meets stringent international standards.
The audit findings of the Department of Environment and Natural Resources (DENR) dated October 28, 2016 also prove that BNC upholds and observes the Philippine Mining Act.
Contrary to earlier news reports, BNC does not have any operation in Narra, Palawan. Our mine operations are confined within our contract area in Barangay Berong, Quezon in Palawan.
True to our commitment to responsible mining, we maintain and operate rehabilitation and reforestation projects in Quezon, Palawan that cover a total land area of 133 hectares. These areas are part of the National Greening Project and Adopt a Forest Program of the DENR.
We support President Duterte in his mission to rid the mining industry of destructive miners. We owe it to the next generation to be good stewards of the environment.
However, responsible miners like BNC should not be persecuted on the basis of false information and deceitful photos.
We appeal to the public to scrutinize the mining industry based on facts, and within the parameters set by law. Photos and videos should not take the place of technical audits and scientific data, especially when the welfare of millions of people are at stake.