United Paragon Mining : Amendments to Articles of Incorporation

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) Jul 13, 20222. SEC Identification Number 409383. BIR Tax Identification No. 000-169-117-0004. Exact name of issuer as specified in its charter UNITED PARAGON MINING CORPORATION5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Quad Alpha Centrum, 125 Pioneer Street, Mandaluyong City Postal Code15508. Issuer's telephone number, including area code (632) 8631-51399. 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 Stock	261,314,797,080

11. Indicate the item numbers reported herein ITEM 9. OTHER EVENTS

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.

United Paragon Mining CorporationUPM PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Amendments to Articles of Incorporation

Background/Description of the Disclosure

Please be advised that on July 11, 2022 the Securities and Exchange Commission (SEC) approved UNITED PARAGON MINING CORPORATION's (the "Company") Amendment to Articles of Incorporation which was filed on April 21, 2022.

Date of Approval by Board of Directors	Jun 25, 2021
Date of Approval by Stockholders	Jul 28, 2021
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	Jul 11, 2022
Date of Receipt of SEC approval	Jul 13, 2022

Amendment(s)

Article No.	From	To
FOURTH	That the term for which said Corporation is to exist is FIFTY (50) YEARS from and after the date of incorporation.	That the term for which said Corporation is to exist is perpetual.

Rationale for the amendment(s)

In order to align certain provisions of the Articles of Incorporation and By-Laws with the Revised Corporation Code (RCC), various SEC memos and the Code of Corporate Governance, as well as to formalize certain standards, procedures and rules that the Corporation shall follow for efficient operation, the BOD resolution amending FOURTH of the Articles of Incorporation, will be presented to the Shareholders for their approval.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	Apr 21, 2022
Expected date of SEC approval of the Amended Articles of Incorporation	Jul 11, 2022

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any

The amendment has no effect on the capital structure of the Company

Other Relevant Information

To include in the amendment under FOURTH of the Articles of Incorporation:: "That the term for which said Corporation is to exist is perpetual." Note: Please see attached signed and approved Amended Articles of Incorporation dated July 11, 2022. The indicated date of the approval by the BOD and Stockholders' on the Amendment to the Articles of Incorporation should be June 25, 2021 and July 28, 2021, during the BOD Meeting and the 2021 Annual Stockholders' Meeting of UPM, respectively, and not July 30, 2021. We will submit the corrected Amended AOI once approved by the SEC.

Filed on behalf by:

Name	Iris Marie Carpio-Duque
Designation	Primary Corporate Information Officer