PPX Mining Extends Non-Brokered Private Placement Until September 2024

Toronto, ON / ACCESSWIRE / July 31, 2024 / PPX Mining Corp. ("PPX" or "Company") has announced an extension to its non-brokered private placement. The offering of up to 62,500,000 units at a price of Cdn$0.062 per unit for gross proceeds up to Cdn$3,875,000 will now be open until September 16, 2024.

Each unit will include one common share and one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of Cdn$0.095 within 24 months from issuance.

Proceeds will be utilized for general working capital purposes. The offering is subject to final approval by the TSX Venture Exchange and may close in multiple tranches. PPX Mining Corp. operates its flagship gold and silver project, Igor, in northern Peru.