PPX Mining Announces Internal Subsidiary Reorganization
NEWS RELEASE; TSX.V PPX; BVL PPX
PPX MINING ANNOUNCES INTERNAL SUBSIDIARY REORGANIZATION
Toronto – March 19, 2024 – PPX Mining Corp. (“PPX” or the “Company”) is pleased to announced that,
in preparation to the start of construction, the Company is actively working with UHY BSA Group (“UHY”)
to renew its accounting systems, update its operating platform s, organize budgeting and treasury activities,
as well as to setup accounting and payroll outsourcing services. UHY BSA is the member firm in Peru of
UHY International which is a top global network of auditing, accounting, tax and consulting firms, with over
9,500 professionals in more than 340 business centres across 100 countries. Based in London, UK , with
international c omprehensive resources and capabilities, UHY International ranks as the 20th largest
accountancy network worldwide.
As mentioned in previous releases, the Company is in the process of receiving its final permit to start the
construction of a 350 tpd CIL and Flotation plant at its Igor Project, next to the Callanquitas mine. This
internal reorganization will allow the Company to properly manage the capital cost to be spent during
construction time and later, during operation.
In addition, the Company plans to engage a Human Resource firm to assist PPX´s subsidiaries with its human
resource requirements and a Quality Management System consulting firm to setup the necessary internal
procedures to operate the plant at the highest possible standard.
PPX is devoted to responsible mining practices , following Peruvian regulations and international legal
framework, as well as committed to social engagements contracted with surrounding communities.
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 Northern
Peru gold belt in eastern La Libertad Department.
John Thomas
Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
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.
Cautionary Statement:
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 test results, future plans or management estimates . 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 and or funding, as applicable. Although the Company believes that the expectations reflected in
the forward -looking statements are reason able, 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 publicl y revise any forward -looking statements, whether as a result of new
information, future events or otherwise, unless required by law.