C07522-2017

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)
Dec 15, 2017
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cambridge Centre Building 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(632) 889-64-67
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 Stock 1,803,654,504
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.

Xurpas Inc.X

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of News Report

Source Philippine Daily Inquirer
Subject of News Report On Xurpas and cryptocurrencies
Date of Publication Dec 15, 2017
Clarification of News Report

This refers to your communication received today seeking clarification or confirmation of the news article entitled "On Xurpas and cryptocurrencies", published in the Biz Buzz section of the Philippine Daily Inquirer on December 15, 2017. The article reported in part that:


“...Recently, there has been some speculation in the market that Xurpas may get into cryptocurrencies – those mystifying digital or virtual currencies that use cryptography for security, via the blockchain technology or digital ledger that supports this system…

... As such, Xurpas cofounder and chair Nix Nolledo has been besieged with queries on whether it’s looking into this. Nolledo’s cryptic reply to Biz Buzz was: ‘We haven’t released any info about any involvement in cryptocurrency or the block chain. If there is something material that should be shared to the market, we will make the appropriate disclosures.’...”


We confirm that the above-quoted statements were accurately made by our Chairman and Chief Executive Officer, Mr. Nico Jose S. Nolledo. As of date, the Company has no definite plans involving cryptocurrency.

Other Relevant Information

None

Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer