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 10, 2025

2. SEC Identification Number

0000040938

3. BIR Tax Identification No.

041-000-169-117

4. Exact name of issuer as specified in its charter

UNITED PARAGON MINING CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

QUAD ALPHA CENTRUM, 125 PIONEER STREET, MANDALUYONG CITY Postal Code 1550

8. Issuer's telephone number, including area code

+632 8631-5139

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

NA

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	261,314,797,080

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.

United Paragon Mining CorporationUPM

PSE Disclosure Form 4-32 - Reply to Exchange's Query

Subject of the Disclosure
Update on the Plans to Address the Negative Stockholders’ Equity of United Paragon Mining Corporation (UPM)
Description of the Disclosure
Update on the Plans to Address the Negative Stockholders’ Equity of United Paragon Mining Corporation (UPM)
Information Requested
Please see attached letters received by the Corporation from Camarines Minerals, Inc. and Alakor Corporation, expressing their agreement in principle to convert their respective credits in UPMC into common shares of stock at the price of PhP0.01 per share subject to approval of the Board of all parties involved.