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 13, 2022
2. SEC Identification Number
CS201013282
3. BIR Tax Identification No.
007-851-927-000
4. Exact name of issuer as specified in its charter
AXELUM RESOURCES CORP.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ICS Bldg. Tiano-Montalvan Sts., Cagayan de Oro CityPostal Code9000
8. Issuer's telephone number, including area code
02-88510715
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
3,813,989,500
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.
Axelum Resources Corp.AXLM
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Buy-Back of Shares
Background/Description of the Disclosure
Pursuant to the Corporation's buy-back program approved by the Board on 11 March 2020, which was extended on 22 September 2020, 29 December 2020, 24 June 2021 and 23 December 2021, the Corporation purchased from the open market a total of 100,000 common shares at the average price of Php 2.8778 per share.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Jan 13, 2022
10,000
2.81
Jan 13, 2022
1,000
2.83
Jan 13, 2022
9,000
2.85
Jan 13, 2022
80,000
2.89
100,000
Effects on Number of Shares
Before
After
Outstanding Shares
3,813,989,500
3,813,889,500
Treasury Shares
186,010,500
186,110,500
Cumulative Number of Shares Purchased to Date 1
186,110,500
Total Amount Appropriated for the Buy-Back Program
Php 800,000,000
Total Amount of Shares Repurchased
Php 544,767,285
Other Relevant Information
The total amount of shares repurchased includes other incidental costs.
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Maria Theresa Paguirigan
Designation
Treasurer, Chief Financial Officer and Asst. Corporate Secretary