PERC 17C PGEC set to acquire 2 luzon solar projects

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AS094-008880 SECRegistrationNumber PETROENERGY RESOURCES CORPORATION (Company’sFullName) 7TH FLOOR JMT BUILDING ADB AVENUE ORTIGAS CENTER PASIG CITY (BusinessAddress:No.StreetCity/Town/Province) LOUIEMARKR.LIMCOLIOC 88637-2917 (ContactPerson) (CompanyTelephoneNumber) 12 31 17C Month Day Month Day (FiscalYear) (AnnualMeeting) (SecondaryLicenseType,IfApplicable) Dept.RequiringthisDoc. AmendedArticlesNumber/Section TotalAmountofBorrowings TotalNo.ofStockholders Domestic Foreign TobeaccomplishedbySECPersonnelconcerned FileNumber LCU DocumentID Cashier COVERSHEET STAMPS Remarks:PleaseuseBLACKinkforscanningpurposes.

May 16, 2023

PHILIPPINESTOCKEXCHANGE

9th Floor, PhilippineStock ExchangeTower 28thStreetcorner5thAvenue,BGCTaguigCity

Attention: Ms. Alexandra D. Tom Wong Officer-in-Charge,DisclosureDepartment

Subject: Yuchengco-led PetroGreen Energy Corporation Set to Acquire2 Luzon Solar Projects

Gentlemen:

Please see attached copy of the SEC Form 17C on the subject matter. Thankyou.

Verytrulyyours,

Atty. LouieMark R. Limcolioc Assistant Corporate Secretary Compliance Officer 7F JMT Building, ADB Avenue,

Ortigas Center, PasigCity 1600, MetroManila, Philippines Tel: (+632) 8637-2917 Fax: (+632) 8634-6066 Visit: www.petroenergy.com.ph
17-C
SRCRULE17.2(c)
1. May 16, 2023 Dateof Report(Dateofearliesteventreported) 2. SECIdentificationNumber:AS094-008880 3. BIRTaxIdentificationNumber: 004-471-419-000 4. PETROENERGYRESOURCES CORPORATION Exact nameofissuerasspecifiedinits charter 5. MetroManila, Philippines 6. (SECUseOnly) Province,countryorotherjurisdiction of incorporation IndustryClassificationCode: 7. 7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY 1605 Addressof principaloffice PostalCode 8. (632) 86372917 Issuer'stelephonenumber,includingareacode 9. N/A Formernameorformeraddress,if changedsincelastreport 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Titleof EachClass Numberof Sharesof CommonStock OutstandingandAmountof Debt Outstanding Commonstock 568,711,842 shares 11. Indicatetheitemnumbersreportedherein: ItemNo.9 –OtherEvents PetroGreen Energy Corporation (PGEC), the renewable energy holding unit of publicly-listed PetroEnergy Resources Corporation (PERC), is set to acquire two existing
in Luzon.
forPGEC’s
SECURITIESANDEXCHANGECOMMISSIONSEC FORM
CURRENTREPORTUNDERSECTION17 OF THESECURITIESREGULATIONCODEAND
THEREUNDER
solar projects
“Termsheets
takeoveroftheSanJosesolarprojectinNuevaEcijaandthe San Pablo (Limbauan, Isabela) solar projects were signed separately last April 19, 2023 with VMARS Solar Energy Corporation and BKS Green Energy Corp., respectively. Transaction closingisexpectedtobecompletedinthecomingweeks,”PGECAVPforLegalandCorporate Affairs Atty. Louie MarkR. Limcolioc said.

PGEC through its PetroSolar Corporation subsidiary currently operates the 50MWDC Tarlac-1 and the 20MWDC Tarlac-2 solar power facilities in Central Technopark, Tarlac City. PGEC is also developing the 27MWDC Dagohoy solar project in Bohol and the 25MWDC Bugallon solar project in Pangasinan.

“TheSanJoseprojectcovers17.1hectareswhiletheSanPabloservicecontractencompasses 29.8 hectares. Thus, together the two projects can add as much as ~60MWDC capacity to PGEC’s solar portfolio when they arefully operational which we target by 2025,” added PGEC VP for Commercial Operations Ms. Maria Victoria M. Olivar.

SIGNATURES

Pursuantto the requirementsof the SecuritiesRegulationCode,the issuerhas dulycausedthis reportto besignedonbehalf bytheundersignedhereuntodulyauthorized.

PETROENEGY RESOURCES CORPORATION

Issuer By: Atty. LouieMark R. Limcolioc Assistant Corporate Secretary/ Compliance Officer

Date:May 16, 2023

C03897-2023
SEC FORM 17-C
1. Date of Report (Date of earliest event reported) May 16, 2023 2. SEC Identification Number ASO94-08880 3. BIR Tax Identification No. 004-471-419-000 4. Exact name of issuer as specified in its charter PETROENERGY RESOURCES CORPORATION 5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines 6. Industry Classification Code(SEC Use Only) 7. Address of principal office 7th Floor, JMT Building ADB Ave., Ortigas Center, Pasig City 1605 Postal Code 1605 8. Issuer's telephone number, including area code (632) 86372917 9. Former name or former address, if changed since last report -10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding COMMON 568,711,842 11. Indicate the item numbers reported herein Item No. 9 TheExchangedoesnotwarrantandholdsnoresponsibilityfortheveracityofthefactsandrepresentationscontainedinallcorporate disclosures,includingfinancialreports.AlldatacontainedhereinarepreparedandsubmittedbythedisclosingpartytotheExchange,
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
andaredisseminatedsolelyforpurposesofinformation.Anyquestionsonthedatacontainedhereinshouldbeaddresseddirectlyto theCorporateInformationOfficerofthedisclosingparty.

PetroEnergy Resources Corporation PERC

PSE Disclosure Form 4-30 - Material Information/Transactions

References:SRCRule17(SECForm17-C)and Sections4.1and4.4oftheRevisedDisclosureRules

Subject of the Disclosure

PetroGreen Energy Corporation Set to Acquire 2 Luzon Solar Projects

Background/Description of the Disclosure

Please see attached.

Other Relevant Information

on behalf by:

Filed
Name Louie Mark Limcolioc Designation Asst. Corporate Secretary

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