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, 2026

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

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 Postal Code 1550

8. Issuer's telephone number, including area code

+632 86311381

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

Not applicable

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. Indicate the item numbers reported herein

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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 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
Disclosure on the Settlement Agreement Between Philex and NAMAWU
Background/Description of the Disclosure
With regard to the current labor dispute, representatives of Philex Mining Corporation (“Philex” or “the Company”) and the Philex Padcal Rank-and-File Union, the National Mines and Allied Workers Union (NAMAWU Local 101) met today, October 14, 2026, in a conciliation-mediation conference at the National Conciliation and Mediation Board, Cordillera Autonomous Region (NCMB-CAR), where both parties successfully concluded and executed their Settlement Agreement. The Settlement Agreement provided that both the Company and the Union mutually agree to settle amicably for the conclusion of their Collective Bargaining Agreement (CBA) covering the period 02 January 2025 to 01 January 2030. Upon the signing of the Settlement Agreement, the Union shall immediately lift the strike. No retaliatory action shall be undertaken by both parties on each other on account of the labor dispute. On October 15, 2026, NCMB-CAR shall present the Settlement Agreement during the Union’s General Assembly. Management shall then prepare the initial CBA draft by October 19, 2026 for the Union to review. On October 21, 2026, the Union shall complete its review and submit its proposed revisions and inputs to the CBA draft. Both parties shall also meet to discuss and establish the grievance machinery and procedures. Both parties shall sign the finalized CBA on October 26, 2026. The Union shall then submit the CBA for ratification by its members on October 30, 2026.
Other Relevant Information
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