ARTICLES OF COOPERATION

of
Agata Mining Ventures Incorporated Employees Consumers Cooperative
(AMVIECC)

KNOW ALL MEN BY THESE PRESENTS:

We, the undersigned Filipino citizens, of legal age and residents of the
Philippines, with a firm collective intent, have come together to organize
voluntarily an Consumers Cooperative to advance what we believe is our
inherent right, under the laws of the Republic of the Philippines.

AND WE HEREBY CERTIFY:

Article I
Name of the Cooperative

That the name of this Cooperative shall be Agata Mining Ventures Incorporated
Employees Consumers Cooperative.

Article II
Purposes

That the purposes for which this Cooperative is organized are to engage
in:

1. Procurement and distribution of commodities to members and non-

members such as retail, wholesale, restaurant/canteen operation, water
refilling.

2. Promoting and advancing the economic and social status of the members;

3. Coordinating and facilitating the activities of cooperatives;

4. Advocating for the cause of the cooperative movements;

5. Ensuring the viability of cooperatives through the utilization of new

technologies; and

6. Encouraging and promoting self-help or self-employment as an engine for

economic growth and poverty alleviation.

Article III
Goals

That the goals of this Cooperative are to help improve the quality of life of its
members and thereby contribute to inclusive growth, enterprise development
and employment. In furtherance thereto, it shall aim:

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 1. To attain increased income, savings, investments, productivity, and
purchasing power, and promote among themselves equitable distribution
of net surplus through maximum utilization of economies of scale, cost-
sharing and risk-sharing;

2. To provide optimum social and economic benefits to its members;

3. To teach members efficient ways of doing things in a Cooperative manner;

4. To propagate Cooperative practices and innovative ideas in business

undertakings and management;

5. To empower through provision of access, ownership, control and

opportunities to the poor, vulnerable, lower income and less privileged
groups to increase their ownership in the wealth of the nation;

6. To actively support the government, other Cooperatives and people

oriented organizations, both local and foreign, in promoting Cooperatives
as a practical means towards sustainable socio-economic development
under a truly just and democratic society;

7. To develop a dynamic savings mobilization and capital build-up schemes

to sustain its developmental activities and long-term investments, thereby
ensuring optimum economic benefits to the members, their families and
the communities;

8. To adopt membership expansion mechanism/scheme, thereby ensuring

growth of the Cooperative movement;

9. To implement policy guidelines that will ensure transparency,

accountability and equitable access to its resources and services, and
promote the interests of the members;

10. To adopt such other plans as may help foster the welfare of the
members, their families and the community;

11. To advance the competitiveness and innovativeness of the industry;

12. To coordinate with other Cooperatives on learning exchanges, coop

trade, and information exchanges in fostering sustainable development;

13. To advocate legal framework and enabling policies appropriate for

the development of consumers Cooperatives; and

14. To be the voice and the institution of the poor and the excluded in
resisting the growth-centered development aggression and instead
promote people-centered development.

Article IV
Powers and Capacities

That the powers, rights and capacities of this Cooperative are those
prescribed under Article 9 of Republic Act 9520.
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 1. To the exclusive use of its registered name;

2. To sue and be sued;

3. Of succession;

4. To amend its Articles of Cooperation in accordance with the provisions

of RA 9520;

5. To adopt by-laws not contrary to law, morals or public policy, and to

amend and repeal the same in accordance with RA 9520;

6. To purchase, receive, take or grant, hold, convey, sell, lease, pledge,

mortgage, and otherwise deal with such real and personal property as
the transaction of the lawful affairs of the Cooperative may reasonably
and necessarily require, subject to the limitations prescribed by law and
the Constitution;

7. To enter into division, merger, or consolidation, as provided under RA

9520;

8. To form subsidiary Cooperatives and join federations or unions, as

provided in this Code;

9. To avail of loans, be entitled to credit and to accept and receive grants,

donations and assistance from foreign and domestic sources subject to
the conditions of said loans, credits, grants, donations or assistance that
will not undermine the autonomy of the cooperative. The Authority, upon
written request, shall provide necessary assistance in the documentary
requirements for the loans, credit, grants, donations and other financial
support;

10. To avail preferential rights granted to Cooperatives under RA 7160,

otherwise known as the Local Government Code, and other laws,
particularly those in the grant of franchises to establish, construct,
operate and maintain ferries, wharves, markets or slaughters houses
and to lease public utilities, including access to extension and on-site
research services and facilities related to agriculture and fishery
activities;

11. To exercise such other powers granted under RA 9520 or necessary

to carry out its purposes as stated in this Articles of Cooperation; and

Article V
Term of Existence

That the term for which this Cooperative shall exist is Fifty (50) years from
the date of its registration with the Cooperative Development Authority.

Article VI

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 Common Bond and Field of Membership

That the common bond of membership of this Cooperative is Institutional and

the field of membership shall be open to all employees of Agata Mining Ventures,
Inc., who are natural persons, Filipino citizens, of legal age, with the capacity to
contract and possess all the qualifications and none of the disqualifications
provided for in the By-laws and this Articles of Cooperation.

Article VII
Area of Operation

That the membership of this Cooperative shall come from Barangay Lawigan,
Tubay, Agusan del Norte.bIts principal office shall be located at Brgy. Lawigan,
Tubay, Agusan del Norte.

Article VIII
Name and Address of Cooperators

That the name and complete postal address of the cooperators are as
follows:

Names Postal Address

Abrasaldo, Edsel Pasig City, Metro Manila

Aca-ac, Fhebe Cates Zone 6, Poblacion II, Santiago, Agusan del Norte
Bongosia, Liwaya P2 Tagbuyacan, Santiago, Agusan del Norte
Bullo, Ian Carl 148 Interior, Borromeo St., Surigao City
Cameros, Joey 967-A Golden Ribbon, Butuan City
Capon, Miraflor Lawigan, Tubay, Agusan del Norte
Fuentes, Wenefredo Jr. P3 E. Morgado, Santiago, Agusan del Norte
Ibo, Caryl Tungao, Butuan City, Agusan del Norte
Jumamil, Jelord Lawigan, Tubay, Agusan del Norte
Lape, Cristina P3 E. Morgado, Santiago, Agusan del Norte
Luna, Irish Mae P-6 Tagbuyacan, Santiago, Agusan del Norte
Polistico, Chrizza Joy Zone 2, Poblacion II, Santiago, Agusan del Norte
Puspos, Emmanuel Dasmarinas City, Cavite
Quita, Amelio Poblacion, Tubay, Agusan del Norte
Sumpo, Albert La Victoria, Emilda, Zamboanga Sibugay
Surem, Sharon Rose Poblacion, Siocon, Zamboanga del Norte
Sunot, Rubelyn E. Morgado, Santiago, Agusan del Norte
Tubo, Nicky Tagpangahoy, Tubay, Agusan del Norte

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 Article IX
Board of Directors

That the number of Directors of this Cooperative shall be five (5) and shall serve
until their successors shall have been elected and qualified within 90 days from
the date of registration as provided in the By-laws.

Name
1. Edsel A. Abrasaldo
2. Emmanuel M. Puspos
3. Joey C. Cameros
4. Fhebe Cates D. Aca-ac
5. Sharon Rose A. Surem

Article X
Capitalization

That the Authorized Share Capital of this Cooperative is SIX HUNDRED TWENTY
FOUR THOUSAND PESOS (Php 624,000.00), divided into: ONE THOUSAND
TWO HUNDRED FORTY EIGHT (1,248) common shares with a par value of FIVE
HUNDRED PESOS (Php 500.00) per share; and

Article XI
Subscribed and Paid-up Share Capital

That of the authorized share capital, the amount of ONE HUNDRED FIFTY SIX
THOUSAND PESOS (Php 156,000.00) has been subscribed, and THIRTY NINE
THOUSAND PESOS (Php 39,000.00) of the total subscription has been paid by
the following members-subscribers:

No. of Amount of No. of Amount of

Name of Cooperators Subscribed Subscribed Paid-up Paid-up
Shares Shares Shares Shares

Abrasaldo, Edsel 40 20,000.00 10 5,000.00

Aca-ac, Fhebe Cates
Bongosia, Liwaya
Bullo, Ian Carl
Cameros, Joey
Capon, Miraflor
Fuentes, Wenefredo Jr.
Ibo, Caryl
Jumamil, Jelord
4 2,000.00 1 500.00
4 2,000.00 1 500.00
40 20,000.00 10 5,000.00
40 20,000.00 10 5,000.00
4 2,000.00 1 500.00
4 2,000.00 1 500.00
8 4,000.00 2 1,000.00
8 4,000.00 2 1,000.00

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Lape, Cristina 4 2,000.00 1 500.00
Luna, Irish Mae 40 20,000.00 10 5,000.00
Polistico, Chrizza Joy 8 4,000.00 2 1,000.00
Puspos, Emmanuel 40 20,000.00 10 5,000.00
Quita, Amelio 4 2,000.00 1 500.00
Sumpo, Albert 12 6,000.00 3 1,500.00
Surem, Sharon Rose 12 6,000.00 3 1,500.00
Sunot, Rubelyn 16 8,000.00 4 2,000.00
Tubo, Nicky 24 12,000.00 6 3,000.00
Total 312 156,000.00 78 39,000.00

Article XII
Arbitral Clause

Any dispute, controversy or claim arising out of or relating to this Articles

of Cooperation, By-laws, the Cooperative laws and related rules, administrative
guidelines of the Cooperative Development Authority, including inter-
cooperative, inter-federation disputes and related concerns shall be exclusively
referred to and finally resolved by voluntary arbitration under the institutional
rules promulgated by the Cooperative Development Authority, after compliance
with the conciliation or mediation mechanisms embodied in the Bylaws and in
such other pertinent laws and issuances.

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BE IT KNOWN THAT:

Caryl J. Ibo has been elected as Treasurer of this Cooperative to act as

such until her/his successor shall have been duly appointed and qualified in
accordance with the By-laws. As such Treasurer, he/she is authorized to receive
payments and issue receipts for membership fees, share capital subscriptions
and other revenues, and to pay obligations for and in the name of this
Cooperative.

IN WITNESS WHEREOF, we have hereunto affixed our signatures opposite our

names this 3rd day of March in Brgy. Lawigan, Tubay, Agusan Del Norte,
Philippines.

Name of Cooperators Signature

1. Abrasaldo, Edsel
2. Aca-ac, Fhebe Cates
3. Bongosia, Liwaya
4. Bullo, Ian Carl
5. Cameros, Joey
6. Capon, Miraflor
7. Fuentes, Wenefredo Jr.
8. Ibo, Caryl
9. Jumamil, Jelord
10. Lape, Cristina
11. Luna, Irish Mae
12. Polistico, Chrizza Joy
13. Puspos, Emmanuel
14. Quita, Amelio
15. Sumpo, Albert
16. Surem, Sharon Rose
17. Sunot, Rubelyn
18. Tubo, Nicky

SIGNED IN THE PRESENCE OF:

_____Hildo Montante_______ _______Nikki Baclayo_________

Signature Over Printed Name Signature Over Printed Name

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 ACKNOWLEDGMENT

Republic of the Philippines)

City of Butuan ) S.S.

Before me, a Notary Public for and in the City of Butuan on this ________
day of March, 2018 the following persons personally appeared with their
competent evidence of identification as indicated opposite their respective names

Name of Cooperators Proof of Date Place of Issuance

Identity (IN issued
ACCORDANCE
WITH
NOTARIAL
LAW)
Abrasaldo, Edsel 03-4532485-2
Aca-ac, Fhebe Cates 08-1905183-9
Bongosia, Liwaya 08-2555446-9
Bullo, Ian Carl 08-1529943-3
Cameros, Joey 1210-5824-4177
Capon, Miraflor 1211-3157-1352
Fuentes, Wenefredo Jr. 08-1662104-2
Ibo, Caryl 08-1793885-7
Jumamil, Jelord 1210-6327-9509
Lape, Cristina 33-5410322-3
Luna, Irish Mae 08-1525305-5
Polistico, Chrizza Joy 03-8458192-8
Puspos, Emmanuel 33-1509800-5
Quita, Amelio 08-2013701-4
Sumpo, Albert 08-2553806-1
Surem, Sharon Rose 08-2577161-1
Sunot, Rubelyn 06-1880744-6
Tubo, Nicky 08-2013708-5

All known to me to be the same persons who executed the foregoing

Articles of Cooperation and acknowledged to me that the same is their free will
and voluntary deed.

This instrument known as Articles of Cooperation consists of Eight (8)

pages including this page where the acknowledgment is written signed by the
parties and their instrumental witnesses on each and every page thereof.

WITNESS my hand and seal this____ day of March, 2018 at Butuan City
Philippines.

Doc. No. : ____________

Page No.: _____________
Book No.: _____________
Series of _____________

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