PPX Announces Revocation of Cease Trade Order
_____________________________________________________________________________________
NEWS RELEASE TSX.V PPX; BVL PPX; SSE PPX
PPX Announces Revocation of Cease Trade Order
Vancouver, British Columbia – February 9, 2022 – PPX Mining Corp. (the "Company" or “PPX”) is
pleased to announce that the dual cease trade order issued by the British Columbia Securities Commission and the
Ontario Securities Commission on February 3, 2021 (the “CTO”) as a result of the Company’s failure to file its audited
annual consolidated financial statements, management’s discussion and analysis (“MD&A”) and associated officer
certificates for the Company’s financial year ended September 30, 2020 (collectively, the “Annual Filings”) has been
revoked.
Trading in PPX’s common shares (the “Shares”) was also suspended by the TSX Venture Exchange (the “Exchange”)
as a result of the CTO. PPX anticipates that the Shares will reinstate trading on the Exchange at the opening of trading
on Friday, February 11, 2022.
The Annual Filings and the Company’s subsequent interim financial statements, MD&A and associated officer
certificates required by applicable securities legislation are available under the Company’s SEDAR pr ofile at
www.sedar.com.
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
Email: [email protected]
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 Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking
statements”) as such terms are defined by applicable securities laws, including, but not limited to statements regarding the
resumption of trading on the Exchange. Forward-looking statements are statements that relate to future events. In this context,
forward-looking statements often address expected future business and financial performance and often contain words such as
"anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could,"
"should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known
and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control, and
the Company’s actual results could differ materially from those stated or implied in forward-looking statements due to many various
factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals
in connection with the resumption of trading on the Exchange.
Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company
cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The
timing of events and circumstances and actual results could differ materially from those projected in the forward -looking
statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements
contained in this press release are made as of today’s date, and the Company undertakes no obligation to update or publicly revise
any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.