PPX Mining Corp. Expands Private Placement to C$2.53 Million

PPX Mining Corp., listed on TSXV and BVL as PPX, has announced an increase in its non-brokered private placement due to strong investor demand. Initially planned for 13,000,000 units, the offering now extends to 22,000,000 units, potentially raising up to C$2.53 million. Each unit, priced at C$0.115, includes one common share and a purchase warrant valid for 24 months at C$0.14 per share.

The proceeds will support ongoing exploration at Peru's Mina Callanquitas and general working capital. The offering is set to close by September 30, 2025, pending regulatory approvals. A four-month hold period applies to issued securities. Additionally, finder’s fees may be applicable. The offering excludes U.S. investors due to regulatory constraints.