NiHAO Mineral Resources International : Disbursement of Proceeds and Progress Report
July 04, 2022 at 03:43 am EDT
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NiHAO Mineral Resources International, Inc.NI
PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules
Annual Report
Quarterly Report
OthersNone
Subject of the Disclosure
Use of proceeds from the 5:1 Stock Rights Offering (SRO) for the Second Quarter ending June 30, 2022.
Background/Description of the Disclosure
Update on Disbursements on the of Proceeds from the Stock Rights Offering and Progress Report of NiHAO Mineral Resources International, Inc.
Other Relevant Information
Please refer attached Company's Report dated July 4, 2022.
Filed on behalf by:
Name
Reyno Dizon
Designation
Disclosure Officer
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NiHAO Mineral Resources International Inc. published this content on 04 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 07:42:02 UTC.
NiHAO Mineral Resources International, Inc. is a Philippines-based mining company. The Companyâs primary purpose is to carry on the business of mining, milling, concentrating, converting, smelting, preparing for market, manufacturing, buying, selling, exchanging, and otherwise producing and dealing in nickel, chromite, and other kinds of ores, metal, minerals, and by-products. It has three mining claims located in the provinces of Zambales, Misamis Oriental and Masbate. Its Botolan Mining Claim has an approved MPSA (no. 315-2010-III) that covers approximately 5,081 hectares (ha) located in the town of Botolan, Zambales. Its subsidiary, Bountiful Geomines Inc. (BGI), has an exploration permit (EP) application with the MGB covering the Manticao Mining Claim with an area of 1,946 ha located in Manticao, Misamis Oriental. Masbate13 Philippines, Inc. (Masbate13), one of the Companyâs subsidiaries through Oregalore, Inc. (OI), has an EP, denominated as EP-V-2008-05.