Global Ferronickel Holdings, Inc. (FNI)

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1. Company Information
Company Name	Global Ferronickel Holdings, Inc. (FNI)
Sector	Mining and Oil		Incorporation Date	May 03, 1994
Subsector	Mining		Number of employees	470 (Group Total)
Board of Directors	Chairman: Joseph C. Sy
Website / E-mail	www.gfni.com.ph / info@gfni.com.ph
2. Stock Information
Total Assets	9,710,095,000	Market Capitalization		14,236,540,971.39
Total Liabilities	3,002,648,000	Outstanding Shares		5,454,613,399
Retained Earnings	1,239,559,000	Listed Shares		2,334,640,312
Listing Date	Dec 14, 1994	Issued Shares		5,822,357,151
Board Lot	1,000	Free Float Level (%)		26.77%
Par Value	1.05	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORP. – FILIPINO HUATAI INVESTMENT PTY. LTD SOHOTON SYNERGY, INC. PCD NOMINEE CORP.- NON-FILIPINO REGULUS BEST NICKEL HOLDINGS INC.				27.43% 16.74% 13.07% 10.41% 08.99%
4. Company Descriptions and Business Development
Notes 1. Mr. Sy and Ms. Gu are husband and wife. Joseph C. Sy is authorized to represent 46.44% of the outstanding shares by the shareholders.
Overview It operates, through its subsidiaries, 4,376-hectare Cagdianao nickel mine and Ipilan Mine. It produces around 5 million DMT per year in its 2 open pit mining area and it is still exploring other 3 mining area. Low grade nickel products have the greatest volumes sold, which represented approximately 60.0%, while medium and high grade accounted for 33% and 7% respectively. Business Revenue contribution in 2016 Mining Service 4,306,564,000 95,489,000 97.83% 2.17% Subsidiaries / Associates / Affiliates / Joint Ventures Platinum Group Metals Corporation (PGMC, 99.98%) is the second largest nickel ore producer in the Philippines by volume and nickel shipped accounting for around 11% of the country’s nickel ore production. Surigao Integrated Resources Corporation (SIRC, 100% by PGMC) PGMC-CNEP Shipping Services Corp. (PCSSC 100% by PGMC) PGMC International Limited (PIL 100% by PGMC)