PPX Mining Corp. Concludes Oversubscribed Private Placement

PPX Mining Corp. (TSXV:PPX)(BVL:PPX) has finalized its upsized private placement, greatly surpassing expectations. The company recently announced the total issuance of 22,434,813 units, accumulating gross proceeds of C$2,580,004. These units, priced at C$0.115 each, comprise one common share and one share purchase warrant. This warrant enables holders to purchase an additional share at C$0.14 within 24 months of the closing date.

Proceeds from this placement will fund ongoing exploration at the Mina Callanquitas project and general working capital. The closing, expected by September 30, 2025, hinges on regulatory approvals. Shares and warrants have a holding period of four months and one day post-closing, as mandated by Canadian securities laws.