SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2025

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 or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2nd Floor Launchpad, Reliance Street cor. Sheridan Street, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

+63286311381

9. Former name or former address, and former fiscal year, 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	5,782,399,068

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2025
Currency (indicate units, if applicable)	PHP'000

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2025
Current Assets	5,398,558	7,044,631
Total Assets	55,874,491	53,274,256
Current Liabilities	7,199,995	6,238,638
Total Liabilities	22,931,536	20,692,257
Retained Earnings/(Deficit)	20,863,410	20,485,424
Stockholders' Equity	32,942,955	32,581,999
Stockholders' Equity - Parent	32,943,264	32,582,308
Book Value per Share	5.7	5.63

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	2,522,166	2,124,959	6,277,515	6,098,694
Gross Expense	1,966,580	1,889,975	5,498,332	5,358,315
Non-Operating Income	555,585	234,985	779,183	740,379
Non-Operating Expense	-256,822	107,666	-152,954	-44,755
Income/(Loss) Before Tax	298,763	342,651	626,229	695,624
Income Tax Expense	118,348	36,053	144,424	59,593
Net Income/(Loss) After Tax	180,416	306,598	481,805	636,031
Net Income Attributable to Parent Equity Holder	180,416	306,598	481,805	636,031
Earnings/(Loss) Per Share (Basic)	0.03	0.05	0.08	0.11
Earnings/(Loss) Per Share (Diluted)	0.03	0.05	0.08	0.11

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.18	0.18
Earnings/(Loss) Per Share (Diluted)	0.18	0.18

Other Relevant Information
N/a