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)

Apr 6, 2021

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Makati, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7/F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228

8. Issuer's telephone number, including area code

(02) 8519 7888

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 shares	6,072,357,151

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.

Global Ferronickel Holdings, Inc.FNI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
PGMC clarifies inaccurate article and adheres to responsible mining
Background/Description of the Disclosure
On March 31, 2021, an online article entitled, “Digging for profits: Who owns PH mines?” was posted on https://pcij.org/. The article read in part: “PGMC was the biggest earner among the mining companies ordered closed or suspended by the late Environment Secretary Regina “Gina” Lopez in February 2017. Many of them were able to continue operations while their permits went under review.” PGMC strongly denies the author’s inaccurate claim that it was among the companies ordered closed or suspended by the former secretary. The records of both the Department of Environment and Natural Resources (DENR) and Mines and Geosciences Bureau (MGB) would show that PGMC has never been issued an order of closure or suspension. Nor has PGMC received any such order. Hence, it has not stopped its mining operations. The MGB issues a certification every year attesting that the Mineral Production Sharing Agreement (MPSA-007-92-X) operated by PGMC is “valid and existing.” The DENR even renewed the MPSA for another 25 years on June 21, 2016. As a testament to its adherence to responsible mining, PGMC has received the 2016 Titanium Achievement Award, 2019 Platinum Achievement Award, and 2020 Platinum Achievement Award from the prestigious Presidential Mineral Industry Environment Award (PMIEA). Under Executive Order No. 399 (1997), PMIEA recognizes the exemplary practices and commitments of entities in the mining industry, which contribute to sustainable mineral development by promoting responsible management of the environment and natural resources.
Other Relevant Information
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