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)
- Sep 11, 2014
- 2. SEC Identification Number
- 40621
- 3. BIR Tax Identification No.
- 000-284-138
- 4. Exact name of issuer as specified in its charter
- APEX MINING CO., INC.
- 5. Province, country or other jurisdiction of incorporation
- PHILIPPINES
- 6. Industry Classification Code(SEC Use Only)
- 7. Address of principal office
- U1704 17F Prestige Tower Cond., F. Ortigas Jr. Road, Ortigas Center, Pasig City Postal Code 1605
- 8. Issuer's telephone number, including area code
- 632 7062805
- 9. Former name or former address, if changed since last report
- NA
- 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 APX 1,868,639,664 - 11. Indicate the item numbers reported herein
- Item 2.
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.
Apex Mining Co., Inc.APX
PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
| Subject of the Disclosure |
|---|
Acquisition of shares of Monte Oro Resources & Energy, Inc. (“MORE”) |
| Background/Description of the Disclosure |
Please see attached SEC FORM 17-C |
| Date of Approval by Board of Directors |
Sep 11, 2014 |
|---|
| Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction |
|---|
To expand the mining business of the Corporation |
| Date | TBA |
|---|
| Manner |
|---|
Purchase of shares of MORE |
| Description of the company to be acquired or sold |
Please see attached SEC FORM 17-C |
| Number of shares to be acquired or disposed | 5,122,161,096 |
|---|---|
| Percentage to the total outstanding shares of the company subject of the transaction | 100% |
| Price per share | Php1 per share |
| Nature and amount of consideration given or received |
|---|
Cash |
| Principle followed in determining the amount of consideration |
cost and market valuation |
| Terms of payment |
Cash |
| Conditions precedent to closing of the transaction, if any |
Subscription to shares in the increase in capital of the Corporation |
| Any other salient terms |
None |
| Name | Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates | |
|---|---|---|
| Prime Metroline Holdings, Inc. | None | |
| Lakeland Village Holdings, Inc. | None | |
| Devoncourt Estates Inc. | None | |
| A. Brown Company, Inc. | Walter Brown is the chairman of the board of directors of A. Brown Company, Inc. and is also the president and CEO of the Corporation | |
| Wealth Securities, Inc. | None | |
| Walter Brown | He is the president and CEO of the Corporation | |
| Ramon Sy | He is the chairman of the board of directors and chief financial officer of the Corporation | |
| Silverio Benny J. Tan | He is the assistant corporate secretary of the Corporation | |
| Other shareholders of MORE | None |
| Effect(s) on the business, financial condition and operations of the Issuer, if any |
|---|
Please see attached SEC FORM 17-C |
| Other Relevant Information |
None |
| Name | Rosanna Parica |
|---|---|
| Designation | Corporate Secretary |