PPX Mining Increases Private Placement to up to C$2,530,000 ON Strong Investor Demand
NEWS RELEASE; TSX.V PPX; BVL PPX
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
PPX MINING INCREASES PRIVATE PLACEMENT TO UP TO C$2,530,000
ON STRONG INVESTOR DEMAND
Toronto – August 29, 2025 – PPX Mining Corp. (TSXV: PPX, BVL: PPX; “PPX” or the “Company”)
is pleased to announce that, due to strong demand, the Company is increasing the size of its non-broke red
private placement announced on August 22, 2025, from 13,000,000 units to up to 22,000,000 units, for gross
proceeds of up to C$2,530,000 (the “Revised Offerin g”).
The Revised Offering consists of up to 22,000,000 units (the “Units”) at a price of C$0.115 per Unit, for total
gross proceeds of up to C$2,530,000. Each Unit will comprise one common share of the Company and one
common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share
of the Company at a price of C$0.14 for a period of 24 months from the date of closing. The Company intends
to use the proceeds from the Revised Offering to fu nd continued exploration at Mina Callanquitas and f or
general working capital purposes.
Closing of the Revised Offering is expected to occur on or about September 30, 2025 (the “Closing Date ”),
subject to the completion of formal documentation a nd receipt of all necessary regulatory approvals,
including the approval of the TSX Venture Exchange. The common shares, warrants, and any common shares
issued upon exercise of the warrants sold in the Revised Offering, if issued within four months of the Closing
Date, will be subject to a four-month hold period i n accordance with applicable Canadian securities la ws.
The Company reserves the right to further increase or decrease the size of the Revised Offering, subje ct to
the approval of the TSX Venture Exchange. Finder’s fees may be payable to qualified arm’s length parti es
in connection with the Revised Offering.
This news release does not constitute an offer to s ell, or a solicitation of an offer to buy, any of t he
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.
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 Nort hern
Peru gold belt in eastern La Libertad Department.
On behalf of the board of directors of the Company:
Brian Imrie
Executive Chaiman
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.
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 regarding the amount and comp letion of the Revised Offering, the Closing Date,
finder’s fees and use of proceeds for the Revised Offering. Forward-looking statements are statements that
relate to future events. In this context, forward-l ooking statements often address expected future bus iness
and financial performance and often contain words s uch as “anticipate,” “believe,” “plan,” “estimate,”
“expect,” and “intend,”, statements that an action or event “may,” “might,” “could,” “should,” or “wil l” 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 th e
Company’s control, and the Company’s actual results could differ materially from those stated or impli ed
in forward-looking statements due to many various f actors. Such uncertainties and risks include, among
others, delays in obtaining or inability to obtain required regulatory approvals and or funding, as applicable;
the state of the equity financing markets in Canada and other jurisdictions; volatility and sensitivit y to
market prices; volatility and sensitivity to capita l market fluctuations; and fluctuations in metal pr ices.
Although the Company believes that the expectations reflected in the forward-looking statements are
reasonable, the Company cannot guarantee that the e vents and circumstances reflected in the forward-
looking statements will be achieved or occur. The t iming of events and circumstances and actual result s
could differ materially from those projected in the forward-looking statements. Accordingly, one shoul d
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.