The event will feature the open and kiddies division.
The kiddies class is open to 14 years-old and below woodpushers or those born on 1992 and up.
A seven round Swiss system will be used in the two-day event.
In case of tie breaks, it will be resolved either by a direct assault, or through Bucholz, median and the progressive scores.
The champion in the open class will be pocketing P1,500 while the second and third placers will get P1,000 and P700, respectively.
The top three in the kiddies' division, for their part, will have P1,000, P700 and P500, respectively.