PPX Mining Announces Deferral of Convertible Debenture Maturity Date
NEWS RELEASE
PPX MINING ANNOUNCES DEFERRAL OF CONVERTIBLE DEBENTURE
MATURITY DATE
Toronto – March 6, 2025 – PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is pleased to announce that
RIVI Opportunity Fund LP has agreed to defer the maturity date of the convertible debenture that the Company
issued on February 19, 2023, as part of the previously announced stream restructuring with RIVI, to December
31, 2026. The convert was originally due on February 19, 2026.
Brian Imrie commented “we appreciate RIVI’s ongoing support to PPX. This deferral will provide sufficient
time to complete plant construction, including comm issioning, and to satisfy the obligations under the
convertible note at the new maturity. The deferral also allows PPX to keep this liability as non-curr ent, not
affecting our current working capital position.”
About PPX Mining Corp:
PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) 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 Nort hern
Peru gold belt in eastern La Libertad Department.
Brian Imrie
Executive Chairman
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts respo nsibility for the adequacy or accuracy of this
release.
Cautionary Statement:
This press release contains forward-looking informa tion and forward-looking statements (collectively,
“ forward-looking statements ”) as such terms are defined by applicable securities laws, including, but not
limited to statements regarding test results, futur e plans or management estimates. Forward-looking
statements are statements that relate to future eve nts. In this context, forward-looking statements of ten
address expected future business and financial perf ormance and often contain words such as “anticipate ,”
“believe,” “plan,” “estimate,” “expect,” and “inten d,”, statements that an action or event “may,” “mig ht,”
“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. Suc h
uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory
approvals and or funding, as applicable. 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 m aterially from those projected in the forward-looki ng
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 forw ard-looking statements, whether as a result of new
information, future events or otherwise, unless required by law.