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Atty. Raul M. Gonzalez

SEC Opinion • Securities and Exchange Commission • Opinions • Mar 30, 1982

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March 30, 1982 Atty. Raul M. Gonzalez Suites 415-416 May Bldg. Rizal Avenue, Manila Dear Atty. Gonzalez: This is in connection with your letter-request dated March 20, 1982 relative to the proposed Articles of Incorporation of ASIA ORES & MINING CORPORATION, filed by your client, Mr. Edwin A. Atger. prcd It appears that the processing of said articles was held in abeyance because the verification slip of the proposed corporate name shows that there are already registered with this Commission corporations or entities denominated as Asian Mining Co.,Inc.;Mining Company of Asia; Asia Mining Co. We are sorry to inform you that pursuant to Section 18 of the Corporation Code of the Philippines, we can not grant your client's request for the approval or the use of the name ASIA ORES & MINING CORPORATION because it is evidently misleading and confusingly similar (idem sonans) to the already existing and registered Asian Mining Co., Inc. Moreover, the material words "Asia" and Mining" both appear in the two names, and only one word "Ore" tries to differentiate the two words (Asia and Mining). Evidently, since the proposed corporation will pursue the same principal line of business already engaged in by the existing corporations or entities with similar names, confusion on the part of the public dealing with the corporations with similar names might arise, which Section 18 of the Code and SEC rules and policies on the use of corporate names intend to avoid. cdlex Please be advised accordingly. Very truly yours, (SGD.) ROSARIO N. LOPEZ Associate Commissioner

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