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)

Oct 14, 2024

2. SEC Identification Number

0000091447

3. BIR Tax Identification No.

000190324000

4. Exact name of issuer as specified in its charter

Semirara Mining and Power Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2/F DMCI Plaza, 2281 Don Chino Roces Avenue, Makati City Postal Code 1231

8. Issuer's telephone number, including area code

632-88883000

9. Former name or former address, if changed since last report

-

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	4,250,547,620

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.

Semirara Mining and Power CorporationSCC

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
News Article Entitled "Semirara eyes coal mine operations expansion”

Source	bilyonaryo.com
Subject of News Report	"Semirara eyes coal mine operations expansion”
Date of Publication	Oct 13, 2024

Clarification of News Report
We refer to the news article posted on October 13, 2024. In the said article entitled “Semirara eyes coal mine operations expansion” posted in posted in bilyonaryo.com, it was reported in part that: “CONSUNJI-led Semirara Mining and Power Corp. (SMPC) proposed an expansion of its coal mine operations worth P291.37 billion. The Semirara coal mine complex expansion project is envisioned to simultaneously operate the existing Molave pit and Narra pit then eventually Acacia pit after the depletion of coal deposits on the existing two pits. The Molave mine has met its end-of-mine (EOM) life in November last year. Since 2016, its cumulative coal production reached 86.06 million MT. . . . The expansion project will be undertaken until 2027. . . . . ” We hereby confirm the information cited in the article based on Semirara Mining and Power Corporation’s initially submitted Environmental Performance Report and Management Plan (EPRMP) to the Department of Environment and Natural Resources on June 16, 2023, and was later supplemented last September 6, 2024. To clarify, the estimated project cost of Php 291.37 billion for the five-year project period includes capital expenditures, production costs, and operating expenses identified at the time of submission. These estimates are subject to change depending on various circumstances or factors, including operational efficiencies and final approval from our regulator, the Department of Energy, in accordance with the company’s coal operating contract.
Other Relevant Information
In accordance with SEC Notice issued on March 17, 2020, attached herewith is SEC Form 17-C for your immediate reference