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PPX.V ·

PPX Mining Announces Grant of Stock Options

Share Capital & Compensation

NEWS RELEASE TSX.V PPX; BVL PPX

PPX MINING ANNOUNCES GRANT OF STOCK OPTIONS

Toronto – April 29, 2024 – PPX Mining Corp. (the “ Company ” or “ PPX ”) a nnounces the granting of

stock options (the “ Options ”) to certain directors and officers of the Company to purchase an aggregate of

15,750,000 common shares (the “ Optioned Shares ”) of the Company at an exercise price of C$0.07 pe r

Optioned Share, expiring on the date that is 7 years from the date of grant. The Options were issued pursuant

to the terms of the Company’s stock option plan and vest immediately upon the date of grant .

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 flagship 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, 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.