PPX Mining Completes Upsized Private Placement

PPX Mining Corp. has closed its upsized non-brokered private placement, raising gross proceeds of C$2,580,004. The offering involved the issuance of 22,434,813 units at C$0.115 per unit. Each unit comprises one common share and one common share purchase warrant, allowing holders to buy a share at C$0.14 until September 2027. The proceeds will support exploration at the Mina Callanquitas project and general corporate purposes.

The company also issued 994,182 finder's units to non-affiliated finders, each with warrants for shares at C$0.14 until September 2027. Issued securities are under a four-month holding period expiring on January 12, 2026, subject to TSX Venture Exchange approval.