Philex Mining Announces Cash Dividend

The Board of Directors of Philex Mining Corp. (PSE: PX) has approved a cash dividend of PhP0.16 per share to stockholders of record at the close of business on March 10, 2011. The dividend will be payable on April 5, 2011.

The Board has also announced that the 2011 Annual Stockholders’ Meeting will be held on June 29, 2011, at the Dusit Thani Hotel in Ayala Center, Makati City.

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