C00317-2019

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)
Jan 17, 2019
2. SEC Identification Number
ASO94-03992
3. BIR Tax Identification No.
003-871-592
4. Exact name of issuer as specified in its charter
Global Ferronickel Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Makati, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228
8. Issuer's telephone number, including area code
(02) 519 7888
9. Former name or former address, if changed since last report
Not applicable
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 shares 6,072,357,151
11. Indicate the item numbers reported herein
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.

Global Ferronickel Holdings, Inc.FNI

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

Platinum Group Metals Corporation (PGMC) renews purchase contract with Baosteel Resources International Co., Ltd.

Background/Description of the Disclosure

Global Ferronickel Holdings, Inc. (FNI) announces that its subsidiary PGMC has signed a purchase contract of 1.0 million wet metric tonnes (WMT) of nickel ore with Baosteel. The contract covers low-grade nickel with high iron (Ni = 0.9%; Fe = 49%) and medium-grade nickel with low iron (1.5% = Ni = 1.8%; 15% = Fe = 25%) at prevailing market prices. This volume is approximately 20% of PGMC’s annual nickel ore shipment. PGMC has been supplying Baosteel with nickel ore since 2014.

Other Relevant Information

FNI earlier announced a target shipment for PGMC amounting to 5.7 million WMT for 2019 subject to weather conditions.
Baosteel is a wholly owned subsidiary of the top Chinese steel manufacturing corporation China Baowu Steel Group, and is engaged in the business of mineral resource investment, trading, and logistics services. Notably, the company highly specializes on trading of metallurgic raw material with annual volume of over 60 million tons covering a vast range of products such as iron, ore, coal, alloys, non-ferrous metals, ferrous scraps, metallurgical flux, etc. Baosteel maintains over 100 overseas suppliers and over 40 overseas clients. Its headquarter is located in Hong Kong with footprints in Australia, Singapore, South Africa, Indonesia, and several others.

Amended to correct the date of the press release from January 17, 2018 to January 17, 2019.

Filed on behalf by:
Name Eveart Grace Pomarin-Claro
Designation Assistant Corporate Secretary, Alternate Corporate Information Officer