Philex SRO listing

Philippine Stock Exchange Inc. chairman Jose Pardo (second row, third from left) and Philex Mining Corp. chairman Manuel Pangilinan (second row, second from left) lead the bell ringing ceremony to mark the listing of PX stock rights shares on Aug. 3. The company will use the P2.65 billion raised from the SRO to pay for mine development, construction of mill plant and support facilities, and a storage tailings facility on the Silangan project in Surigao del Norte.