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Marcventures Holdings, Inc.

Company Description
Marcventures Holdings, Inc. (MARC), formerly AJO.net Holdings, Inc., was incorporated on August 7, 1957 as a holding firm. On March 30, 2010, the Securities and Exchange Commission (SEC) approved the change in name to the present one, and further approved the Company's change in primary purpose to include land ownership.

The Company, through wholly-owned subsidiary, Marcventures Mining & Development Corporation (MMDC), holds a Mineral Production Sharing Agreement covering an area of 4,799 hectares located in Cantilan, Surigao del Sur. To date, the Company has done exploration work on 1,659 hectares and has performed mining operations on 197 hectares on the above MPSA covered area. MMDC's main product is nickel ore, with all of its nickel ore productions exported to China.

On December 29, 2017, the SEC approved the merger of MARC with Asia Pilot Mining Philippines Corp. and BrightGreen Resources Holdings, Inc. with MARC as surviving entity. The merger gave the Company three additional mining claims covering areas in Samar and Surigao del Sur.

The Company's other subsidiaries include BrightGreen Resources Corporation, Alumina Mining Philippines Inc., and Bauxite Resources Inc.

Source: SEC Form 17-A (2019)
Security Information
Sector Mining and Oil
Subsector Mining
Corporate Life 50
Incorporation Date Aug 07, 1957
Number of Directors 7
Stockholders' Meeting as per By-Laws June 28 of each year
Fiscal Year 12/31 (Month/Day)
External Auditor Reyes Tacandong & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 4F, Citibank Center, Paseo de Roxas, Makati City
E-mail Address mhicorporate@marcventures.com.ph
Telephone Number (632) 8831-4479 (632) 8831-4483 (632) 8831-4484
Fax Number (632) 8856-7976
Website http://www.marcventuresholdings.com