Marcventures Acquires 5 Million Shares of MMDC

Marcventures Holdings Inc. (PSE: MARC) entered into a subscription agreement with its subsidiary, Marcventures Mining and Development Corp. (MMDC). The company subscribed to five million (5,000,000) shares of stock of MMDC with a par value of PhP10.00 per share for a total amount of PhP50 million. Related Articles:Marcventures to Increase Nickel Ore ProductionPHStocks Exclusive: Top […]
Continue reading…

 

Marcventures Falls to PhP62 Million Loss in 9 Months

Manila, Philippines – Marcventures Holdings, Inc., the parent company of Marcventures Mining and Development Corp. (MMDC), incurred a PhP62 million net loss in the nine months ending September due to weak metal prices. Related Articles:Marcventures Acquires 5 Million Shares of MMDCMarcventures to Increase Nickel Ore Production
Continue reading…

 

Marcventures to Increase Nickel Ore Production

Makati—(PHStocks)—Marcventures Mining and Development Corp. (MMDC), the wholly owned subsidiary of Marcventures Holdings Inc. (MHI, PSE: MARC) was granted by the Environmental Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR) an increase in its allowable annual nickel ore production from 3 million metric tons to 5 million metric tons, representing an increase of […]
Continue reading…