PPX Mining Corp.

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 [...]

PPX Mining Corp. is pleased to announce the results of test work carried out by BaseMet Laboratories, Kamloops, BC, Canada; carried out on the drill core obtained from drill hole CA-24-07, previously reported. As indicated on March 07, 2024, two intercepts were reported, one of an oxidized breccia with grades of 12.05 g/t gold and 300.9 g/t silver, over the 5.25 meters of drill intercept; and a second, of a sulfated vein [...]

PPX Mining Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to C$1,350,000 . The Offering involves the sale of up to 30,000,000 units at a price of $0.045 per Unit for gross proceeds of up to C$1,350,000. Each Unit will consist of one common share of the Company and one common share purchase warrant, with each warrant entitling the holder to [...]

PPX Mining Corp. is pleased to announced that, in preparation to the start of construction, the Company is actively working with UHY BSA Group to renew its accounting systems, update its operating platforms, organize budgeting and treasury activities, as well as to setup accounting and payroll outsourcing services. UHY BSA is the member firm in Peru of UHY International which is a top global network of auditing [...]