PPX Mining Announces Private Placement
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
NEWS RELEASE TSX.V PPX; BVL PPX
PPX Mining Announces Private Placement
Toronto, Ontario – June 17, 2024 – PPX Mining Corp. (the “ Company ” or “ PPX ”) is pleased to
announce that it has arranged a non-brokered private placement with a single investor of up to 62,500,000
units (“ Units ”) at a price of Cdn$0.062 per Unit for aggregate g ross proceeds of up to Cdn$3,875,000
(the “ Offering ”).
Each Unit consists of one common share (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 add itional 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.
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",
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
"expect", "potential" and similar expressions. Forw ard-looking statements are necessarily based on
estimates and assumptions made by management 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 of the Offering, and TSX Venture Exchange approval of 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 th e forward-looking statements. The Company
undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates
or opinions, or other factors, should change. Factors that could cause actual results to differ materially
from those in forward-looking statements, include m arket prices, exploration and development
successes, continued availability of capital and fi nancing, and general economic, market or business
conditions. Please see the public filings of the Company at www.sedarplus.com for further information.