Century Peak Metals Holdings Corporation (CPM) was originally incorporated as Fil Hispano Corporation on December 30, 2003 to engage in the business of investment holding. CPM was initially a wholly-owned subsidiary of Paxys, Inc. until it divested its shareholdings in the company distributing it as property dividends to all its shareholders in January 2004. On February 15, 2008, the Securities and Exchange Commission (SEC) approved the change in the company's corporate name to its present one. Subsequently, SEC approved the amendment of CPM's primary purpose to promoting, operating, managing, owning, or investing in corporations that are engaged in mining activities. CPM acquired 100% equity interest in Century Peak Corporation (CPC) through a deed of exchange in March 2008. The following month, the company acquired 55% equity interest in Century Hua Guang Smelting, Inc. (CHGS) via a deed of assignment of subscription. CPC is engaged in mining with mining tenements in the Dinagat islands. CHGS on the other hand, is a joint venture company with the owners of Zhejiang Hua Guang, a privately-held Chinese corporation, to establish a blast furnace facility in the Philippines with the purpose of producing nickel pig iron. Source: Prospectus (2009)