PPX Mining Announces Extension to Private Placement
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE
SERVICES
NEWS RELEASE TSX.V PPX; BVL PPX
PPX Mining Announces Extension to Private
Placement
Toronto, Ontario – July 31, 2024 – PPX Mining Corp. (the “ Company ” or “ PPX ”) announces that it
is extending its non-brokered private placement of up to 62,500,000 units of the Company (each, a
“ Unit ”) at a price of Cdn$0.062 per Unit for gross proce eds of up to Cdn$3,875,000 (the “ Offering ”),
as previously announced in the Company’s press rele ase on June 17, 2024, until September 16, 2024.
The Company anticipates that the Offering will consist of multiple investors, instead of a single investor
as previously announced.
Each Unit will consist of one common share of the Company (each, a “ Share ”) and one non-transferable
common share purchase warrant (each, a “ Warrant ”). Each Warrant shall entitle the holder thereof t o
purchase, for a period of 24 months from the date of issue, one additional common share of the Company
(each, a “ Warrant Share ”) at an exercise price of Cdn$0.095 per Warrant Sh are.
The Company intends to use the proceeds of the Offering for general working capital purposes.
The Offering is being completed on a private placem ent basis pursuant to prospectus exemptions under
applicable securities laws and is subject to final acceptance by the TSX Venture Exchange. The Company
may complete the Offering via the closing of multiple tranches.
About PPX Mining Corp:
PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Cana dian-based mining company with assets in
northern Peru. Igor, the Company’s 100%-owned flags hip gold and silver project, is located in the
prolific Northern Peru gold belt in eastern La Libertad Department.
On behalf of the Board of Directors
Brian Imrie
Executive Chairman
82 Richmond Street East, Toronto,
M5C 1P1, Ontario, Canada
416-361-0737
Neither 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.
This news release does not constitute an offer to s ell 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 U.S. Persons unless registered under the U.S .
Securities Act and applicable state securities laws or an exemption from such registration is available.
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
Forward Looking Statements
This news release includes certain statements that may be deemed to be forward-looking statements or
forward-looking information under applicable Canadian securities legislation (together, the “forward-
looking statements”) that may not be based on histo rical fact, including without limitation, statement s
containing the words “believe”, “may”, “plan”, “wil l”, “estimate”, “continue”, “anticipate”,
“intend”, “expect”, “potential” and similar express ions. Forward-looking statements are necessarily
based on estimates and assumptions made by manageme nt of the Company in light of our experience
and perception of historical trends, current conditions and expected future developments, as well as the
factors we believe are appropriate. All statements in this news release, other than statements of historical
facts, that address events or developments that man agement of the Company expects, are forward-
looking statements. Forward-looking statements include but are not limited to statements relating to the
completion, terms and the anticipated closing date for the Offering. Although management believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance , and actual results or developments may differ
materially from those in the forward-looking statem ents. The Company undertakes no obligation to
update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors,
should change, except as required by law. Factors t hat could cause actual results to differ materially
from those in forward-looking statements, include r isks obtaining regulatory approval, market prices,
exploration and development successes, continued av ailability of capital and financing, and general
economic, market or business conditions. Please see the public filings of the Company at
www.sedarplus.com for further information.