Oriental Peninsula Resources Group, Inc. Announces Executive Changes
December 12, 2017 at 06:51 am
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The Board of Directors of Oriental Peninsula Resources Group, Inc. during its meeting held on December 11, 2017, accepted the resignation of the company's corporate secretary, Atty. Jose Marie E. Fabella, effective immediately. His resignation includes resignation from his post as alternate corporate information and compliance officer. Atty. Fabella cited his preoccupation with other endeavors resulting to lack of time for the discharge of his duties. After deliberation and nomination, the board appointed Atty. Lyra Gracia Y. Lipae-Fabella as corporate secretary to fill in the vacancy. The board likewise appointed her as alternate corporate information and compliance officer. She shall serve the remainder of the term of her predecessor. Atty. At present, she is the Managing Partner of the Fabella and Fabella Law Office.
Oriental Peninsula Resources Group, Inc. is a Philippines-based investment holding company. The Company is operating through mining segment. The mining segment is engaged in the mining and exploration of nickel saprolite and limonite ores. It owns approximately 99% in Citinickel Mines and Development Corp., which has two mining sites located in the municipality of Narra and Sofronio Espanola, both in Palawan is primarily engaged to prospect, explore, locate, acquire, hold, work, develop, lease, operate and exploit mineral lands for chromite, copper, manganese, magnesite, silver, gold, and other mineral products.