PPX Mining Corp. announces that it has entered into binding commitments with certain arm's length and non?arm's length creditors of the Company to settle US$2,194,017 of outstanding debt through the issuance of common shares of the Company . Recognizing the need to preserve capital and improve the Company's working capital, the Company has agreed [...]
PPX Mining Corp. announces the appointment of Mr. Brian Imrie as Executive Chairman of PPX from his current position of Chairman, effective immediately. As part of the Company's growth plans, Mr. Imrie will assume a more active role in PPX's management decisions, assisting the Company with the execution of short and long-term goals. The Board of [...]
PPX Mining Corp. announces the resignation of Mr. Brian Maher as Chief Executive Officer and director of PPX and the appointment of Dr. John Thomas as its Interim Chief Executive Officer of PPX effective immediately. Dr. Thomas has over 49 years of experience in the mining industry. He is currently a Board member of PPX and has wide experience [...]
PPX Mining is pleased to announce the appointment of Mr. Pompeyo Gallardo as its Chief Financial Officer, effective immediately. Mr. Gallardo has over 27 years of experience in corporate finance, with particular strengths in budgeting and control, project structuring, financial modelling and analysis. He is a former senior credit risk manager at [...]
PPX Mining is pleased to announce that during the Second Quarter of Fiscal 2022, 3,294 oz of gold and 38,676 oz of silver were produced from ore mined at Mina Callanquitas generating Cdn$1,269,420 in Net Profit Interest Income. Ore production sold from Mina Callanquitas totalled 11,815 tonnes grading 12.52 gpt gold during the three-month period [...]
PPX Mining Corp. is pleased to announce that during the First Quarter of Fiscal 2022, 3,035 ounces of gold and 27,446 ounces of silver were produced from ore mined at Mina Callanquitas generating Cdn$651,639 in Net Profit Interest Income. Ore production sold from Mina Callanquitas totalled 14,387.4 tonnes grading 9.37 gpt gold during the [...]
PPX Mining Corp. is pleased to announce that development work by its mining partner Proyectos la Patagonia S.A.C. on the 3190 level of the underground Mina Callanquitas during 2021 cut a high-grade gold and silver mineralized shoot within the previously defined reserves for Mina Callanquitas . Systematic underground channel sampling, part of PLP's [...]
PPX Mining is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which the Company issued 3,583,000 common shares in the capital of the Company at a price of CDN$0.06 per Common Share for gross proceeds to the Company of CDN$214,980. The net proceeds of the Private Placement will be used [...]
PPX Mining is pleased to announce a non-brokered private placement offering of up to 3,583,000 common shares of the Company at a purchase price of CDN$0.06 per share to raise gross proceeds of up to CDN$214,980. Subject to TSXV acceptance, the Company may pay finder's fees of cash or Shares, or a combination thereof, to certain arm's length [...]
PPX Mining is pleased to announce that during the twelve months of Fiscal 2021 13,888 ounces of gold and 43,176 ounces of silver were produced from ore mined at Mina Callanquitas generating Cdn$2,641,326 in Net Profit Interest Income. Ore production sold from Mina Callanquitas totalled 53,824 tonnes grading 9.75 gpt gold during the twelve-month [...]
PPX Mining is pleased to announce that the TSX-V has approved the application for reinstatement of trading of the Company's common shares. The Exchange suspended trading in the Shares because of the dual cease trade order issued by the British Columbia Securities Commission and the Ontario Securities Commission on February 3, 2021 for the delay in [...]
PPX Mining is pleased to announce that the dual cease trade order issued by the British Columbia Securities Commission and the Ontario Securities Commission on Feb 3, 2021 as a result of the Company's failure to file its audited annual consolidated financial statements, management's discussion and analysis and associated officer certificates for [...]