The tournament will follow a seven-round Swiss System format with rounds 1 to 3 will be contested in the afternoon of the kick off day while rounds 4 to 7 will be played the following day.
Registration fee is P100 per player.
The champion purse will be P4,000, second placer will get P2,000, while P1,000 and P800 will be up for the third and fourth placers.
The fifth placer will pocket P700, while the 6th to 10th place finishers will receive P500.
Special awards will also be given to the Best in Women's Category, Best in Elementary Category and Best in High School Category.
The tournament is sponsored by the Argao Sports Commission through chairman George Albarracin and treasurer Javier Villaflor.
For details contact Vic M. Cueme, secretary of the Argao Chess Club Inc. at 231-7014 or 0917-4275683, Percy Fiel at 367-7193 or Linky Yap at 017-6404088.