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PSE Circular for Brokers No. 606-98

PSE Circular for Brokers No. 606-98 • Philippine Stock Exchange • Circulars for Brokers • Apr 6, 1998

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April 6, 1998 PSE CIRCULAR FOR BROKERS NO. 606-98 April 3, 1998 PHILIPPINE STOCK EXCHANGE INC. Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City, Metro Manila Fax No. 634-2051 Attention : Maria Isabel T. Garcia Gentlemen : Please be advised that at today's meeting of the Board of Directors of United Paragon Mining Corporation, the President, Mr. Alfredo C. Ramos, was authorized to sign for and in behalf of the Corporation, a mandate letter authorizing the engagement of Rothschild Australia Limited to arrange financing for the Longos gold project in the Philippines in the amount of US$20-25 Million, subject to satisfactory due diligence. cdll Very truly yours, (SGD.) AUGUSTO B. SUNICO Corporate Secretary

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