OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Aug 11, 20222. SEC Identification Number CS2010132823. BIR Tax Identification No. 007-851-927-0004. Exact name of issuer as specified in its charter AXELUM RESOURCES CORP.5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office ICS Bldg. Tiano-Montalvan Sts., Cagayan de Oro CityPostal Code90008. Issuer's telephone number, including area code 02-885107159. Former name or former address, if changed since last report N/A10. 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 | 3,800,605,500 |
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.
Axelum Resources Corp.AXLM PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure RulesSubject of the Disclosure |
Buy-Back of Shares |
Background/Description of the Disclosure |
Pursuant to the Corporation's buy-back program approved by the Board on 11 March 2020, which was extended on 22 September 2020, 29 December 2020, 24 June 2021, 23 December 2021 and 29 June 2022, the Corporation purchased from the open market a total of 104,000 common shares at Php 2.5900 per share. |
Type of Securities
- Common
- PreferredN/A
- OthersN/A
Date of Transaction | Number of Shares Purchased | Price Per Share |
Aug 11, 2022 | 104,000 | 2.59 |
104,000 |
Before | After | |
Outstanding Shares | 3,800,605,500 | 3,800,501,500 |
Treasury Shares | 199,394,500 | 199,498,500 |
Cumulative Number of Shares Purchased to Date 1 | 199,498,500 |
Total Amount Appropriated for the Buy-Back Program | Php 800,000,000 |
Total Amount of Shares Repurchased | Php 578,373,682 |
Other Relevant Information |
The total amount of shares repurchased includes other incidental costs. |
1 From the date when the share buy-back program commenced.
Name | Maria Theresa Paguirigan |
Designation | Treasurer, Chief Financial Officer and Asst. Corporate Secretary |
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Axelum Resources Corporation published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 23:48:01 UTC.