As previously announced in Listing Notice Nos. LN00195-2022 and LN00196-2022 both dated July 8, 2022, the Exchange approved the application of Philex Mining Corporation (“PX” or the “Company”) for the listing of additional 842,000,000 common shares (the “Rights Shares”), to cover the Company’s 1:5.8674 Stock Rights Offering (“SRO” or the “Offer”), at an Offer Price of Php 3.15 per share.
As of July 29, 2022, the Company has complied with the applicable listing requirements of the Exchange, including among others, the submission of the following:
1. Sworn Corporate Secretary’s Certificate dated July 28, 2022 attesting to the following:
Number of Rights Shares subscribed in the First Round: 367,025,921 Number of Rights Shares subscribed in the Second Round: 278,540,861 Number of Rights Shares taken up by the QIBs and retail buyers: 8,354,200 Number of Rights Shares taken up by the Issue Manager and Lead Underwriter and other related parties: 188,079,018
2. Sworn Corporate Secretary’s Certificate certifying that the shares will be lodged with Philippine Depository & Trust Corp. ("PDTC") without any jumbo or mother certificate; and
3. PDTC lodgment certificate.
The designated Stock Transfer Agent is hereby authorized to record and register in its books the said Rights Shares.
For your information and guidance. |