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
1,528,474,000
11. Indicate the item numbers reported herein
Item 9 Other Events
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.
Bright Kindle Resources & Investments Inc.BKR
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
Material Information/ Transactions
Background/Description of the Disclosure
On January 22, 2025, Brightstar Holdings and Development Inc. (BHDI), wholly-owned subsidiary of Bright Kindle Resources & Investments Inc. (“BKR” or the “Corporation”), proceeded with the execution of the Deed of Exchange under which BHDI will acquire Strong Built (Mining) Development Corporation (SBMDC) for and in consideration of BHDI’s issuance of new common shares and assets of up to Php5,000,000,000.00 in exchange for 100% of the outstanding shares of stock of SBMDC at a transaction price of up to Php5,000,000,000.00 or Php50.00 for every one (1) SBMDC share.
The transaction is pursuant to the disclosure of the Corporation on May 21, 2024 on the approval of BHDI of the acquisition of SBMDC via share-for-share and property-for-share swaps wherein new common shares will be issued, and a condominium unit and four (4) parking slots will be exchanged by BHDI for shares in SBMDC.