PHI Philippine Metals Inc

Philippine Metals Inc. (the "Company") (TSX
VENTURE:PHI)(OTCQX:PHIXF)(FRANKFURT:PM7) is pleased to announce that the Company
is now trading on the OTCQX, the highest tier of the US OTC securities market.


Philippine Metals Inc. began trading today on the OTC market's prestigious tier,
OTCQX International. Investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcqx.com and
www.otcmarkets.com. 


"We are pleased to welcome Philippine Metals to OTCQX," said R. Cromwell
Coulson, President and CEO of Pink OTC Markets. "OTCQX provides the highest
level of visibility and access to US investors possible in the OTC market."


"Philippine Metals is a young company with three exciting and diversified copper
and copper gold projects in the Philippines and a strong and experienced
management and board. The listing on the OTCQX is part of our aggressive growth
plan of advancing our three current projects, increasing liquidity and market
capitalization, and growing the company to be a leader in project development
and project generation in country," stated Feisal Somji, Chief Executive Officer
of Philippine Metals. "In doing so we are pleased to be able to provide US
Investors a platform in which to trade our stock and access full information
about our company. We look forward to working with the Pink OTC Markets and wish
to thank them for their professionalism and interest in our company."


Hodgson Russ LLP will serve as Philippine Metals' Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.


To learn more about Philippine Metals, please visit our website at:
www.philippinemetals.com.


About the OTCQX 

The OTCQX marketplace is the premier tier of the U.S. OTC market.
Investor-focused companies use the quality-controlled OTCQX platform to offer
investors transparent trading, superior information, and easy access through
their regulated US broker-dealers. The innovative OTCQX platform offers
companies and their shareholders a level of marketplace services formerly
available only on a US stock exchange. For more information and to view a full
list of OTCQX companies, visit www.otcqx.com. 


About Pink OTC Markets Inc. 

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer
quotation and trading system for over 9,000 securities not listed on a US stock
exchange. Pink OTC Markets segments these securities into three tiers: the
quality-controlled OTCQX marketplace, the US registered and reporting OTCQB
marketplace, and the speculative trading Pink Sheets marketplace. These three
tiers constitute the third largest US liquidity pool for trading public company
shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our
products and services promote market transparency, improve price discovery,
facilitate regulatory compliance, and increase the quality of issuer disclosure,
to the benefit of all OTC market participants. To learn more about how Pink OTC
Markets' products and services make OTC markets more transparent, informed, and
efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and
www.otcqx.com or contact us at info@pinkotc.com.


About Philippine Metals Inc. 

Philippine Metals Inc. is focused on the exploration, discovery and development
of highly prospective copper and copper-gold deposits in the Philippines. Based
on the region's geological environment, the company's management team recognizes
the country's potential for hosting large, world-class deposits of copper and
copper-gold. 


The Company's initial projects, Taurus, Malitao and Dilong, are examples of
management's ability to source quality, highly prospective targets. The
management team combines strong financial capabilities with world-class
experience in mineral exploration, discovery and mine development.

Philippine Metals (TSXV:PHI)
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