C00583-2022

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 28, 2022
2. SEC Identification Number
10044
3. BIR Tax Identification No.
000283731000
4. Exact name of issuer as specified in its charter
PHILEX MINING CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2nd Floor LaunchPad, Reliance Cor. Sheridan Sts.,Mandaluyong City Postal Code 1550
8. Issuer's telephone number, including area code
+632 8631 1381
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 4,940,399,068
11. Indicate the item numbers reported herein
4-30

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.

Philex Mining CorporationPX

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Receipt of Pre-effective letter issued by the Securities and Exchange Commission

Background/Description of the Disclosure

Philex Mining Corporation (the "Company") received today, 28 January 2022, the pre-effective letter issued by the Securities and Exchange Commission ("SEC"), relating to the Stock Rights Offer of up to Eight Hundred Forty Two Million (842,000,000) common shares subject to compliance by the Company with the conditions prescribed in the pre-effective letter.

The pre-effective letter is in relation to the Company’s Amended Registration Statement (SEC Form 12-1) filed with the Commission on January 25, 2022 (originally filed on November 8, 2021) relating to the Stock Rights Offer of up to Eight Hundred Forty Two Million (842,000,000) common shares with par value of One Peso (PhP1.00) per Offer Share, to be listed and traded on the Main Board of the Philippine Stock Exchange, Inc. (PSE).

The pre-effective letter is without prejudice to the prerogative of the SEC to act later against the Company, if warranted, to ensure full compliance with the provisions of the Securities Regulation Code, its Implementing Rules and Regulations, as well as P.D. 129, as amended, and the Omnibus Rules and Regulations for Investment House and Universal Bank Registered as Underwriters of Securities.

For your information.

Other Relevant Information

n/a

Filed on behalf by:
Name Romeo Bachoco
Designation Chief Finance Officer