PMEA Blog

Miguel R. Camus / Reporter

LISTED Atok-Big Wedge Co. Inc. is infusing additional funds into gold mining subsidiary Atok Gold Mining Co. Inc. as the parent firm prepares for the upcoming takeover of the business group led by former trade minister Roberto Ongpin.

In a disclosure to local stock exchange on Monday, Atok said it has approved a plan to more than double the authorized capital of Atok Gold to P50 million—divided into the same number of shares—from the current P20 million.

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