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PPX.V ·

PPX Mining Corp. Grants Stock Options

Share Capital & Compensation

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NEWS RELEASE TSX.V PPX; BVL PPX

PPX Mining Corp. Grants Stock Options

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Vancouver, British Columbia – November 1, 2016 – PPX Mining Corp. (the "Company") announces that a total of 15,036,000 incentive stock options have been granted to directors, officers and employees of the Company pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five (5) years at a price of $0.10 per share.

On behalf of the Board of Directors Brian J. Maher President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

PPX Mining Corp.

Kimberly Ann Arntson, Chief Financial Officer and Vice President - Corporate Development Phone: 1-530-414-4400 Email: [email protected] Website: www.ppxmining.com

Cautionary Statement:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.