PPX.V · 2019-09-12 12:00:00

PPX Announces Closing of Private Placement of Units

Financings

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NEWS RELEASE TSX.V PPX; BVL PPX; SSE PPX

Vancouver, British Columbia – September 12, 2019 – PPX Mining Corp. (the "Company" or “PPX”)

is pleased to announce that it has closed its non-brokered private placement (the “Private Placement”),

which was initially announced on September 3, 2019, whereby the Company has completed the issuance

of an aggregate of 1,371,999 units (each, a “Unit”) at a price of $0.075 per Unit for aggregate gross proceeds

of $102,899.93.

Each Unit consists of one common share of the Company (a “Common Share”) and one half of a common

share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder, on exercise thereof, to

purchase one additional Common Share at a price of $0.10 until 24 months after the date of issuance.

Under the Private Placement, the Company also paid finders’ fees to an eligible finder. The Company paid

cash commissions to Alfred Hamann equal to 8% of the funds raised from subscribers introduced to the

Company by Alfred Hamann, totaling $8,231.99.

All securities issued in connection with the Private Placement are subject to a four month and a day transfer

restriction from the date of issuance expiring on January 13, 2020, in addition to such other restrictions as

may apply under applicable securities laws of jurisdictions outside Canada.

The Company intends to use the proceeds from the Private Placement for general working capital purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities

in the United States. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be

offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered

under the U.S. Securities Act and applicable state securities laws, unless an exemption from such

registration is available.

On behalf of the Board of Directors

Brian J. Maher

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

PPX Mining Corp.

Brian J. Maher, President and Chief Executive Officer

Phone: 1-530-913-4728

Website: www.ppxmining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this release.