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Thursday, 12/28/2017 9:33:33 AM

Thursday, December 28, 2017 9:33:33 AM

Post# of 14000
$WMAC >> valued $3.8709 per share?

($400-Million per 1,000 hectares) x 3,000 hectares = $1,200,000,000 divide by 310,000,000 shares = $3.8709 per share

https://www.otcmarkets.com/financialReportViewer?symbol=WMAC&id=134835





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DO THE MATH >>>


https://www.otcmarkets.com/stock/WMAC/profile

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The Philippines holds the world’s second largest gold reserves:
April 5, 2015
https://www.forbes.com/sites/ralphjennings/2015/04/05/trillion-dollar-goldmine-for-philippine-economy-emerging-from-murky-pit/

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WMAC Holdings Acquires 3,000 Hectares of Gold Mining Concession Under Share Swap Deal:
http://www.otcmarkets.com/stock/WMAC/news?id=80291

NEW YORK, NY--(Marketwired - May 8, 2014) - WMAC Holdings Corporation (PINKSHEETS: WMAC) and Golden Mark International, Inc. (a Philippine Corporation) have jointly announced that a Deed of Absolute Transfer covering a 3,000-hectare Gold Mining Concession, which was signed by the Parties on January 31, 2014, has been filed with the regulatory bodies of the Philippines successfully transferring to WMAC Holdings the Golden Mark's 3,000 hectares mining stake in the Gold, Copper, Silver, Zinc, Nickel and Iron mines situated in Zamboanga Peninsula, Philippines.

Golden Mark is the irrevocable Attorney-in-Fact of the Indigenous Peoples, who owns the ancestral land covering 25,000 hectares of mining concession in the area.

As a result of the acquisition, Golden Mark will have a 62% in the common stock of WMAC, resulting in the issuance of 310,000,000 million shares in exchange for the 3,000-hectare gold-laden mining concession, thus making Golden Mark the majority shareholders of WMAC. The share valuation was based upon management's due diligence related to the mine and the area, the review of numerous documents and data from assay reports of the Mines & Geosciences Bureau (Philippines) and drilling reports in the concession area, and documentation from Golden Mark, as well as what management considered the prevailing acquisition price of a proven gold mining site in the Philippines of $450-Million per 1,000 hectares.

Insiders:

https://www.reuters.com/finance/stocks/company-officers/WMAC.PK

Manuel Castaneda

Manuel S. Castaneda Jr., is Chairman of the Board of the Company. A Civil Engineering graduate of the University of Sto. Tomas in 1968, Mr. Castaneda has been the Chairman of Golden Mark International, Inc., since its inception in 1977, up to the present. He held various top level positions in Banking and Finance in various banks, namely: Banco de Oro, Producers Bank, Premier Bank and Manufactures Bank and Trust Company. He also held critical position in the following: Association of Credit Investigators and Appraisers, Credit Management Association of the Philippines, Bankers Association and the Bulacan Realtor Board. From 1990 to the present, he holds position in civic and religious affiliation in the Knights of Columbus and the Couples for Christ.

Eduardo Apari

Eduardo V. Apari is President, Chief Executive Officer, Chief Financial Officer of the Company. Holding the position of President & CEO of Golden Mark International, Inc. from its inception in 1977 up to the present, Mr. Eduardo V. Apari holds the distinction of having guided and made the company of what it is today. He is also the President and CEO of Southwestern Exports Corporation, a Philippine Corporation, from 1974 up to present. This company specializes in the manufacturing of locally-made Philippine products, exporting the same to Europe, New Zealand, Japan and the United States. With an Economics degree from Ateneo, he started his career as a Credit Manager in one of the biggest Finance Corporations in the Philippines and after holding top position levels, decided to put up his own companies, nurturing these companies into what they are today.

Enrico Neri

Enrico C. Neri is Vice Chairman of the Board, Chief Operating Officer of the Company. He is a Metallurgical Engineering Graduate of the University of the Philippines. He holds the distinct title of: Asean Eng, APEC Eng, SMEP, MAUS/MM, MSME-AIME, attached to his name. At present, he is a Senior Lecturer of the Department of Mining, Metallurgical and Materials Engineering at the University of the Philippines. From June 2007 to June 2011, he held the position of the Chairman, Professional Regulatory Board for Metallurgical Engineering at the Professional Regulatory Commission of the Philippines. In addition to his present profession, he is the Technical Consultant (Asia Pacific) for Nasaco International LLC. He is also the President and Chief Operating Officer of Mineca International (a Mining Company), responsible for the entire and overall mining operations of the company, including not only mining but the efficient recovery of gold through the floatation process.

Jorge Reyes

Jorge Reyes is Director, Corporate Communications of the Company. Jorge is responsible for guiding and managing the company in its internal and external investor relations and communications activities. He is an expert in the Asian market. Jorge’s biggest skill is his expertise in implementing strategic and substantial investor relations and media relations programs to uplift the company’s profile in the marketplace and investment communities in Asia. In the past 10 years, he has spearheaded different publicly traded companies and asset management companies, where he would develop their marketing and investor relations programs.

GOLDEN MARK INTERNATIONAL INCORPORATED:
https://www.philippinecompanies.com/companyprofile/147119/golden-mark-international-incorporated



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WMAC mentioned on 3 big mining dealer websites:



http://www.sankalpacademy.co.in/crushing/4910/emirates-gold-mining-concession.html



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http://www.nationalagro.org.in/feel/prime-rock-mining-corporation-in-philippines/



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http://www.aoes.in/Feb-25/prime-rock-mining-corporation-in-philippines/



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— Annual Report >> Published: Mar 30, 2015 - Period End: Dec 31, 2014:

https://www.otcmarkets.com/financialReportViewer?symbol=WMAC&id=134835




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