Mineral Production Sharing Agreement (Mpsa) Sample Contracts

Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Mining Tenements Management Division MINERAL PRODUCTION SHARING AGREEMENT (MPSA) As of August 31, 2020
Mineral Production Sharing Agreement (Mpsa) • September 11th, 2020

Item No. HOLDER TENEMENT NO. CONTACT INFORMATION STATUS LOCATION AREA (Has.) COMMODITY(including associated minerals) DATE APPROVED DATE OF EXPIRATION Remarks 6 BrightGreen Resources Corporation(Formerly Carac-an Development Corporation) MPSA No. 015-93-X Yulo E. Perez President and CEO4th Floor, Citibank Center, 8471 Paseo de Roxas St., Makati CityTel. No. 831-3379; 831-4483; 831-4484Tel. Fax 836-8609; 856-7976 Exploration. Carrascal and Cantilan, Surigao del Sur 4,860.0000 Copper and gold 7/1/1993 7/1/2018 7/1/2024 (extended) The term of the MPSA was extended for a period of Six (6) years on February 7, 2019 7 Marcventures Mining and Development Corporation MPSA No. 016-93-X Yulo E. Perez President and CEO4th Floor, Citibank Center, 8471 Paseo de Roxas St., Makati CityTel. No. 831-3379; 831-4483; 831-4484Tel. Fax 836-8609; 856-7976 Commercial Operation. Cantilan, Surigao del Sur 4,799.0000 Nickel 7/1/1993 01/07/2018 01/07/2027(extended) The term of the MPSA was extended for

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MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • February 3rd, 2021
Contract
Mineral Production Sharing Agreement (Mpsa) • August 8th, 2017

Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Mining Tenements Management Division MINERAL PRODUCTION SHARING AGREEMENT (MPSA) As of JULY 31, 2017 A. LIST OF EXISTING MPSA Total = 314 Total Area (Hectares) = 600,178.2119 Item No. HOLDER TENEMENT NO. CONTACT INFORMATION STATUS LOCATION AREA (Has.) COMMODITY (including associated minerals) DATE APPROVED DATE OF EXPIRATION Remarks 1 Sinosteel Phils., H.Y. Mining Corporation MPSA No. 002-90-X (SMR) Lionel Ty Tiao Hui President6 Araneta Avenue, Quezon City. Tel. No. 7151231, 7151035 Commercial Operation:100-hectare Exploration: 872-hectare Under Care and Maintenance Loreto, Dinagat Islands (Within Parcel III of Surigao Mineral Reservation) 972.0000 Chromite 1/22/1991 6/20/2016(Renewal) 1/22/2041 • The partial DMPF covering the100- hectare portion of the contract area was approved on interim basis on April 13, 2012. • The assignment of MPSA from J.L.B. Enterprises, Inc. to Sinosteel Phi

MINES AND GEOSCIENCES BUREAU
Mineral Production Sharing Agreement (Mpsa) • June 15th, 2020
MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • April 21st, 2021

SEQ(Integer no. of TENEMENT NO) TENEMENT NO PARCELNo. TEN TYPE HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE FILED(mm/dd/yyyy) DATE APPROVED(mm/dd/yyyy) MUNICIPALITY PROVINCE COMMODITY APPRVD (T/F) WITHIN MINERAL RES. (T/F) REMARKS 115 EXPA-000115-VIII 2 EXPA Velsons Industrial Minerals Incorporated203 Mactan Marina Mall, Lapu-lapu City Cebu Angel Ignacio L. Veloso III - PresidentTel.#: 238-3611 100% Filipino 2,556.9095 05/28/2008 Silago Southern Ley Copper, Lead , F T INDORSED TO MGB-CO 04/08/2011. SentLetter dated May 09, 2013 funishing copy of Memorandum Order No.2013-01 informing that May 22, 2013 as the DEADLINE for the compliance of Minimum Capital requriements for Mining Applicants. Partial Compliance of DMO- 2013-01 received on 07/05/2013. MGB-RO8 ISSUED ORDER OF REJECTION ON 04/17/2015. 116 EXPA-000116-VIII 2 EXPA Velsons Ind

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • April 22nd, 2021

NO. TENEMENT NO. PARCE L NO. TENEMENT TYPE TENEMENT HOLDER % Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE FILED DATE APPROVED LOCATION COMMODITY APPROVEDT/F WITHIN MINERALRESERVATIO N T/F STATUS/REMARKS Incorporators Nationality % Mun./'City Province 4* APSA- 000141-X(formerly MLC No. MRD-481) - APSA Holcim Resources and Development Corporation Jesusa Natividad I. Rojas, Renato A. Baja, Victor I. Vital, Reynaldo R. Goco, Sapna Sood, HolcimMining & Dev't . Corp., Holcim Mining & Dev't. Corp. * 149.6300 08-02-12 - Lugait Misamis Oriental Pozzolana F F Endorsed to CO in Memorandum dated May 8, 2015 in compliance to CO's Memorandum of April 16, 2015.84.5956 has. was approved as expansion/annex to MPSA-281-2009-X of HPMC now HRDC per ORDER dated July 14, 2015. Legend: 8* - 84.5956 hectares from APSA-000141-X was approved as Annex to MPSA-281-2009-X of HPMC. 5 APSA- 000142-X(formerly EP-000008- X) - APSA CEKAS Development Corporation - Filipino 81

Table 1. Mineral Production Sharing Agreement(MPSA): CY 2022
Mineral Production Sharing Agreement (Mpsa) • September 27th, 2023
MINERAL PRODUCITON SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • April 10th, 2021

SEQ (Integer no. of TENEMENT_N O) TENEMENT NO. PARCEL NO. TEN_TYPE (APSA, MPSA, EP,etc.) HOLDER % Ownership of Major Filipino and Foreign Person(s) with Nationality AREA(has.) DATE_FILED(mm/dd/yyyy) DATE_APPROVED(mm/dd/yyyy) MUNICIPALITY PROVINCE COMMODITY APPROVED (T/F) WITHIN MINERAL RESERVATIO N (T/F) REMARKS A. Mining Tenem1. Under Proce ent Applications - 7 s -186 -000186 IV PMPSA Consolidated Mines, Inc.Address: Unit 508 State Center II Bldg., Ortigas Avenue, Mandaluyong City Contact No.: (02)570-0395Authorized Representative: Mr. Allen Roxas, President Filipino - 89.35%Foreign - 10.65% 2,439.8600 3-9-1995 Mogpog Marinduque copper, gold, etc. PMPSA-IV-186 Endorsed to MGB CO February 1, 1995 but was returned for further evaluation on April 25, 2003. With substantial compliance but the processing of the same is held in abeyance pursuant to EO No. 79. -369 -000369 IV AMA Berong Nickel Corp.Address: 3/F DMCI

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • December 21st, 2020

SEQ(Integer no. of TENEMENT NO) TENEMENT NO HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE APPROVED(mm/dd/yyyy) EXPIRY_DATE(mm/dd/yyyy) REGISTRATION DATE OF MPSA MUNICIPALITY PROVINCE COMMODITY REMARKS 066-97 MPSA-066-97-VIII Cosco Capital, Inc. (Formarly Alcorn Gold Resources Corporation)LEONARDO B. DAYAO-President2nd Floor, Tabacalera Bldg.. No.2, 900 D. Romualdez Sr. St. Paco Manila 1007 84% Filipino16% American 1,784.4800 06/02/1997 06/01/2022 7/17/1997 Isabel and Merida Leyte Limestone, Etc. Deed of Assignment from Alcorn Petroleum and Minerals Corporation to Cosco Capital, Inc. received on 02/12/2016. Advised letter lacking requirements CO 08/11/2016. Sent Letter on April 23, 2018 for compliance of lacking requirements relative to the Deed of Assignment. NO OPERATION . EXPLORATION PERIOD (3rd Renewal)Approved on May 20, 2020. 115-98 MPSA-115-98-

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • August 6th, 2020
MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • March 2nd, 2021

SEQ(Integer no. of TENEMENT NO) TENEMENT NO HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE APPROVED(mm/dd/yyyy) EXPIRY_DATE(mm/dd/yyyy) REGISTRATION DATE OF MPSA MUNICIPALITY PROVINCE COMMODITY REMARKS 066-97 MPSA-066-97-VIII Cosco Capital, Inc. (Formarly Alcorn Gold Resources Corporation)LEONARDO B. DAYAO-President2nd Floor, Tabacalera Bldg.. No.2, 900 D. Romualdez Sr. St. Paco Manila 1007 84% Filipino16% American 1,784.4800 06/02/1997 06/01/2022 7/17/1997 Isabel and Merida Leyte Limestone, Etc. Deed of Assignment from Alcorn Petroleum and Minerals Corporation to Cosco Capital, Inc. received on 02/12/2016. Advised letter lacking requirements CO 08/11/2016. Sent Letter on April 23, 2018 for compliance of lacking requirements relative to the Deed of Assignment. NO OPERATION . EXPLORATION PERIOD (3rd Renewal)Approved on May 20, 2020. 115-98 MPSA-115-98-

Marcventures Mining and Development Corporation
Mineral Production Sharing Agreement (Mpsa) • July 4th, 2016
APO LAND AND QUARRY CORPORATION QUICKFACTS
Mineral Production Sharing Agreement (Mpsa) • March 20th, 2019
Contract
Mineral Production Sharing Agreement (Mpsa) • August 30th, 2016

Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Mining Tenements Management Division MINERAL PRODUCTION SHARING AGREEMENT (MPSA) As of AUGUST 31, 2016 A. COMPLETE LIST OF EXISTING MPSA Total = 313 Total Area (Hectares) = 582,027.4165 Item No. HOLDER TENEMENT NO. CONTACT INFORMATION LOCATION AREA (Has.) COMMODITY (including associated minerals) DATE APPROVED DATE OF EXPIRATION REMARKS 1 Sinosteel Phils., H.Y. Mining Corporation(Assignment from J.L.B. Enterprises, Inc.) MPSA-002-90-X (SMR) Lionel Ty Tiao Hui Director6 Araneta Avenue, Quezon City. Tel. No. 7151231, 7151035 Loreto, Dinagat Islands (Within Parcel III of Surigao Mineral Reservation) 972.0000 Chromite 1/22/1991 6/20/2016(Renewal) 1/22/2016 6/20/2041 Development/Commercial Operation in the 100- hectare portion of the contract area covered by Partial Declaration of Mining Project Feasibility (DMPF) which was approved on interim basis on April 13,2012 and Exploration in the remai

Taganito Mining Corporation
Mineral Production Sharing Agreement (Mpsa) • July 4th, 2016
MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • September 10th, 2020

SEQ (Integer no. of TENEMENT_NO) TENEMENT_NO PARCELNo. TEN_TYPE HOLDER %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE_FILED(mm/dd/yyyy) DATE_APPROVED (mm/dd/yyyy) MUNICIPALITY PROVINCE COMMODITY APPRVD (T/F) WITHIN MINERAL RES. (T/F) REMARKS A. Mining Tenement Applicati ons 1. Under Process 65 000065 APSA Marilou Guiang N0. 4 Ilang-Ilang St., Capitol View Subd. Poro, San Fernando City, La Union Tel. No. (072) 888- 7812/0920-4200000 Arvin M. Navarro Authorized Rep. 494.3967 05-16-94 Bgys. Sapa Grande, Pequiña & Cacayasen Burgos, Agno, Pangasinan Silica, Limestone F UNDER FINAL EVALUATIONMemo dtd 02/14/18 from MGB CO returned to MGB ROI. SPA registered 08/16/19. 86 000086 APSA Northern Cement Corp. * Douglas L. YM, Chairman of the Board 5/F Valero Tower, Valero St. Salcedo Village, Makati City, M.M.Tel. No. 893-72-76 *Mr.Alfredo B. Balleteros Jr. 09286244130, 09228887507 566.9980 10-5-1995 Bgys.

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • September 9th, 2020

SEQ(Integer no. of TENEMENT NO) TENEMENT ID PARCEL No. TEN TYPE HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE FILED(mm/dd/yyyy) DATE APPROVED(mm/dd/yyyy) Municipality Province COMMODITY APPROVED (T/F) WITHIN MINERAL RES. (T/F) REMARKS A. Mining Tenement Applications 1. Under Process 22 APSA-000022 MPSA Regina Lacson-Santos#20 Waling-Waling, Capitolville Subd., Bacolod City orNo. 11, Greenmeadows Subd., Quezon City, M.M. (034) 20808(02) 6330231email: gigilacson@yahoo.com.ph 399.0249 07/14/1994 Carles Iloilo clay Endorsed to MGB-CO per memorandum dated 5/11/2011.With letter to R. Lacson dtd 3/27/2013 from MGB-CO, cc MGB-6 informing that APSA-22 was held in abeyance due to EO 79 moratorium. MGB-CO constrained to hold in abeyance the processing per Sec. 4 of EO No. 79 and Sec. 7 of DAO N0. 2012-07. MGB-CO returned to MGB 6 per memorandum dated // 32 AP

MINES AND GEOSCIENCES BUREAU
Mineral Production Sharing Agreement (Mpsa) • June 15th, 2020
MINES AND GEOSCIENCES BUREAU
Mineral Production Sharing Agreement (Mpsa) • June 15th, 2020
MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • April 11th, 2021

SEQ(Integer no. of TENEMENT NO) TENEMENT ID PARCEL No. TEN TYPE HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE FILED(mm/dd/yyyy) DATE APPROVED(mm/dd/yyyy) Municipality Province COMMODITY APPROVED (T/F) WITHIN MINERAL RES. (T/F) REMARKS A. Mining Tenement Applications 1. Under Process 22 APSA-000022 MPSA Regina Lacson-Santos#20 Waling-Waling, Capitolville Subd.,Bacolod City orNo. 11, Greenmeadows Subd., Quezon City, M.M.(034) 20808(02) 6330231email: gigilacson@yahoo.com.ph 399.0249 07-14-1994 Carles Iloilo, Calagna-an Is. clay Endorsed to MGB-CO per memorandum dated 5/11/2011.With letter to R. Lacson dtd 3/27/2013 from MGB- CO, cc MGB-6 informing that APSA-22 was held in abeyance due to EO 79 moratorium. MGB-CO constrained to hold in abeyance the processing per Sec. 4 of EO No. 79 and Sec. 7 of DAO N0. 2012-07. MGB-CO returned to MGB 6 per memo

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • October 27th, 2020

SEQ(Integer no. of TENEMENT NO) TENEMENT ID PARCEL No. TEN TYPE HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE FILED(mm/dd/yyyy) DATE APPROVED(mm/dd/yyyy) Municipality Province COMMODITY APPROVED (T/F) WITHIN MINERAL RES. (T/F) REMARKS A. Mining Tenement Applications 1. Under Process 22 APSA-000022 MPSA Regina Lacson-Santos#20 Waling-Waling, Capitolville Subd., Bacolod City orNo. 11, Greenmeadows Subd., Quezon City, M.M. (034) 20808(02) 6330231email: gigilacson@yahoo.com.ph 399.0249 07/14/1994 Carles Iloilo clay Endorsed to MGB-CO per memorandum dated 5/11/2011. With letter to R. Lacson dtd 3/27/2013 from MGB-CO, cc MGB-6 informing that APSA-22 was held in abeyance due to EO 79 moratorium. MGB-CO constrained to hold in abeyance the processing per Sec. 4 of EO No. 79 and Sec. 7 of DAO N0. 2012-07. MGB-CO returned to MGB 6 per memorandum dated //. MGB6

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • February 3rd, 2022

SEQ(Integer no. of TENEMENT NO) TENEMENT NO HOLDER(Name, Authorized Representative with designation, Address, Contact details) %Ownership of Major Filipino and Foreign Person(s) with Nationality AREA (has.) DATE APPROVED(mm/dd/yyyy) EXPIRY_DATE(mm/dd/yyyy) REGISTRATION DATE OF MPSA MUNICIPALITY PROVINCE COMMODITY REMARKS 066-97 MPSA-066- 97-VIII Cosco Capital, Inc. (Formarly Alcorn Gold Resources Corporation)LEONARDO B. DAYAO-President2nd Floor, Tabacalera Bldg.. No.2, 900 D. Romualdez Sr. St. Paco Manila 1007 84% Filipino16% American 1,784.4800 06/02/1997 06/01/2022 7/17/1997 Isabel and Merida Leyte Limestone, Etc. UNDER EXPLORATION PERIOD (3rd Renewal)Approved on May 20, 2020.Deed of Assignment from Alcorn Petroleum and Minerals Corporation to Cosco Capital, Inc. received on 02/12/2016. Third Renewal of Two-Year Exploration Period Granted on May 20, 2020 subject for compliance requirements stated in the letter of Dir. W. Moncano. 115-98 MPSA-115- 98-VIII(Amended-I) Gl

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Contract
Mineral Production Sharing Agreement (Mpsa) • December 2nd, 2014

claims) between petitioner Apo Cement Corporation (Apocemco) and respondent Mingson Mining Industries Corporation (Mingson).5

MINERAL PRODUCTION SHARING AGREEMENT (MPSA)
Mineral Production Sharing Agreement (Mpsa) • April 22nd, 2021
Contract
Mineral Production Sharing Agreement (Mpsa) • April 29th, 2016

Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Mining Tenements Management Division MINERAL PRODUCTION SHARING AGREEMENT (MPSA) As of April 30, 2016 A. COMPLETE LIST OF EXISTING MPSA Total = 314 Total Area (Hectares) = 565,529.3817 Item No. CONTRACTOR MPSA No. CONTACT INFORMATION LOCATION AREA (Has.) COMMODITY (including associated minerals) DATE APPROVED DATE OF EXPIRATION REMARKS 1 Comet Mining Corp. 003-90-X (SMR) Mario G. Pronstroller PresidentRm. 603 Ermita Center Bldg. 1350 Roxas Blvd., Ermita ManilaTel. No: 521-9941Fax No: 526-0509 Loreto, Dinagat Islands (Within Parcel III of Surigao Mineral Reservation) 1,296.0000 Chromite 11/14/1991 11/14/2016 Development/ Commercial Operation; DMPF for Nickel approved on September 16, 2014. 2 Acoje Mining Co. Inc. and Zambales Chromite Mining Corp. Inc. 005-91-III F. Kennedy Coronel President3rd Floor, DMCI Homes Corporate Center, 1321 Apolinario Street, Bangkal, Makati CityTel. Nos.: 831-23

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