PPX Subscribes Definitive Agreement FOR a US$ 6 Million Debt Facility
NEWS RELEASE; TSX.V PPX; BVL PPX
PPX SUBSCRIBES DEFINITIVE AGREEMENT FOR A US$ 6 MILLION DEBT
FACILITY
Toronto – January 2, 2024 – PPX Mining Corp. (together with its Peruvian subsidiaries - the “Company ”
or “ PPX ”). Further to our press release dated September 20 , 2023 (the “ Initial PR ”), PPX is pleased to
announce that on December 29, 2023 the Company and a major shareholder subscribed the Definitive
Agreement for a US$ 6,000,000 debt facility to fund most of the capital cost for the CIL and flotation plant
that the Company intends to build in its Igor Project (the “ Project ”), located in La Libertad, Peru. The plant
will process oxides and sulfides currently mined from its high-grade Callanquitas Mine, and other important
satellite deposits that constitute part of the Proj ect in the near future. Terms and conditions summa rized in
the Initial PR.
Brian Imrie, Executive Chairman commented “we are d elighted to conclude the Definitive Agreement with
our largest shareholder to fund the construction of our processing plant. This major milestone will a llow
the Company to process, at a very low cost, the ore extracted from its Igor Project”.
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
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.
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 future financing and plans and / or management estimates. Forward-looking
statements are statements that relate to future eve nts. In this context, forward-looking statements of ten
address expected future business plans and financia l performance and often contain words such as
“anticipate,” “believe,” “plan,” “estimate,” “expec t,” and “intend,”, statements that an action or eve nt
“may,” “might,” “could,” “should,” or “will” be tak en 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 resul ts
could differ materially from those stated or implie d in forward-looking statements due to many various
factors. Such uncertainties and risks include, amon g others, delays in obtaining or inability to obtai n any
required regulatory approvals, if applicable. Although the Company believes that the expectations reflected
in the forward-looking statements are reasonable, t he 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 m aterially from those projected in the forward-looki ng
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 forw ard-looking statements, whether as a result of new
information, future events or otherwise, unless required by law.