PPX Mining Corp.

PPX Mining Corp. is pleased to announce that it has arranged a non-brokered private placement with a single investor of up to 62,500,000 units at a price of Cdn$0.062 per Unit for aggregate gross proceeds of up to Cdn$3,875,000 . Each Unit consists of one common share and one non-transferable common share purchase warrant . Each Warrant shall entitle the holder thereof to purchase, for a period of 24 months from the date [...]

PPX Mining Corp. is pleased to announce that on June 11, 2024, the Company received its Water Availability Accreditation for Water Use Rights, according to the Resolution No. 0613-2024-ANA-AAA.HCH issued by the Administrative Water Authority and the National Water Authority of Peru. This accreditation is the confirmation by the competent Peruvian authority that there are sufficient water resources in the area to operate [...]

PPX Mining Corp. is pleased to announce that further to its press release dated May 3, 2024, the Company completed its debt settlement with an arm's length creditor of the Company by issuing 400,000 units of the Company at a deemed issue price of Cdn$0.05 per Unit to the Creditor as settlement of legal fees in the amount of $20,000 . Each Unit is comprised of one common share of the Company and one common share purchase [...]

PPX Mining Corp. is pleased to announce that on May 29, 2024 it filed at SEDAR+ its interim fiscal Q2 2024 Financial Statements and MDA. This information is available at www.sedarplus.ca. About PPX Mining Corp: PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La [...]

PPX Mining Corp. is pleased to announce that in May 2024 the underground sampling of level 2970 was carried out with 16 channels cut on the sulfide vein . The mineralization in these channels is closely associated with the assays obtained with the drillhole CA-24-07 . These channels intercepted the same tensional veins at a higher elevation. The last two channels, to the North, obtained spectacular results in Au and Ag [...]

PPX Mining Corp. announces that it has entered into debt settlement agreement with an arm's length creditor of the Company to settle C$20,000 of outstanding debt through the issuance of 400,000 units of the Company . Each Unit has a deemed issue price of C$0.05 per Unit pursuant to the Debt Settlement. Each Unit will be comprised of one common share of the Company and one common share purchase warrant . Each Warrant will [...]

PPX Mining Corp. announces the granting of stock options to certain directors and officers of the Company to purchase an aggregate of 15,750,000 common shares of the Company at an exercise price of C$0.07 per Optioned Share, expiring on the date that is 7 years from the date of grant. The Options were issued pursuant to the terms of the Company's stock option plan and vest immediately upon the date of grant. About PPX [...]

PPX Mining Corp. is pleased to announce that during the current month, the Company focused its exploration efforts in three additional diamond drillholes from underground at Callanquitas East and West breccia zones. Holes CA-24-09 and CA-24-10 were drilled horizontally at elevation 3290 m towards the Callanquitas West. CA-24-10 delivered up to 18.93 g/t Au; with an intercept of 10.46 g/t Au and 34.7 g/t Ag over 0.9 [...]

PPX Mining Corp. is pleased to announce that RIVI Opportunity Fund LP has opted to convert US$500,000 principal amount of its current 5.00% secured convertible debenture of the Company, issued in connection with a restructuring of the Company's gold and silver purchase agreement with RIVI, as described below. The partial conversion will result in the issuance of 12.5 million common shares of the Company being issued to [...]

PPX Mining Corp. is pleased to announce that it has closed its fully-subscribed non-brokered private placement previously announced on March 20, 2024 for aggregate gross proceeds of $1,350,000 . The Offering involved the issue of 30,000,000 units at a price of $0.045 per Unit for gross proceeds to the Company of $1,350,000. Each Unit consisted of one common share of the Company and one common share purchase warrant [...]