The highly successful CinePanalo Film Festival, mounted by Puregold, has officially released a shortlist of 16 full-length films — and their directors — that were selected from among 141 entries looking to take part in the second year of the competition.

Of the shortlisted established and up-and-coming filmmakers, only seven will be an integral part of the festival and each receive a P3 million production grant from Puregold.

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