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PPX.V ·

PPX Mining Delivers Record Share Price Performance ON the Bvl IN 2025

Corporate Updates

NEWS RELEASE

PPX MINING DELIVERS RECORD SHARE PRICE PERFORMANCE ON THE BVL IN 2025

Toronto, Ontario – January 27, 2026 – PPX Mining Corp. (TSX.V: PPX; BVL: PPX) (the “Co mpany”

or “PPX”) is pleased to announce that it finished the 2025 calendar year as the best price-performing listed

company on the Bolsa de Valores de Lima (“BVL”) acr oss all sectors, representing a record share-price

increase of approximately 600% during the year.

This milestone builds on the Company’s July 31, 2025 press release, in which PPX reported that it was the

best-performing mining stock on the BVL during the first half of 2025, with a share-price increase of more

than 133% between January and June 2025, significantly outperforming the BVL mining sector during that

period.

The Company’s strong performance continued through the second half of 2025, resulting in a total share -

price appreciation of approximately 600% for the fu ll year, allowing PPX to conclude 2025 as the top-

performing stock on the BVL overall, ahead of issuers from all other industry sectors.

PPX’s exceptional market performance reflects growing investor confidence in the Company’s execution

and long-term strategy, driven by:

• Significant advances in the construction of its processing plant,

• Consistently high-grade exploration results at the Callanquitas deposit, and

• The successful execution of multiple restructuring and financing initiatives, positioning the

Company for the next stage of its growth.

Brian Imrie, Executive Chairman of PPX Mining Corp., commented:

“Finishing 2025 as the best-performing stock on the Bolsa de Valores de Lima, with an approximate 600%

share-price increase, is a remarkable achievement f or PPX and a strong validation of our strategy. Thi s

performance reflects disciplined execution, meaningful operational progress, and the resilience of our team

as we advanced plant construction and strengthened the Company’s financial position. We remain focused

on responsible mining and delivering sustainable long-term value for our shareholders and stakeholders.”

On behalf of the Board of Directors

Ernest Mast

President and CEO

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) accept s responsibility 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 rega rding 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 state ments 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 man y various factors. Such uncertainties and

risks include, among others, delays in obtaining or inability to obtain required regulatory

approvals in connection with this transaction. Alth ough the Company believes that the

expectations reflected in the forward-looking state ments are reasonable, the Company cannot

guarantee that the events and circumstances reflect ed in the forward-looking statements will be

achieved or occur. The timing of events and circums tances and actual results could differ

materially from those projected in the forward-look ing 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 forward-looking statements, whether as a result of new information,

future events or otherwise, unless required by law.