PPX Mining Corp. announces the granting of stock options to certain directors and officers of the Company to purchase an aggregate of 15,000,000 common shares of the Company at an exercise price of C$0.04 per Optioned Share, expiring on the date that is 7 years from the date of grant. The Options were issued pursuant to the terms of the Company's [...]
PPX Mining Corp. is pleased to announces the 2022 production results of its Callanquitas Unit, currently operated by Proyectos La Patagonia S.A.C. , as follows: Calendar Quarter Tons Production Gold Ounces Produced Silver Ounces Produced *Gold Eq. Ounces Produced Q1-22 11,160.59 3,293.60 38,676.20 3,788.93 Q2-22 10,445.04 3,023.15 33,927.81 [...]
PPX Mining Corp. is pleased to announce that it has entered into an amended and restated gold and silver purchase agreement with RIVI Opportunity Fund LP , whereby the Company and RIVI have agreed, subject to receipt of TSX Venture Exchange approval, to restructure the Company's streaming and payment obligations under the original gold and silver [...]
PPX Mining Corp. is pleased to announce that further to its press release dated January 18, 2023, the Company has issued 7,306,425 common shares of the Company , at a deemed issue price of US$0.02 per Debt Share, as settlement of outstanding debt in the amount of US$146,128.50 that was owed by the Company to an arm's length creditor . The Company [...]
PPX Mining Corp. announces that it has engaged Asesores y Consultores Mineros S.A., to prepare the application to modify the existing Semi-detail Environmental Impact Study for a processing plant to treat ore from the Callanquitas mine, located in the Company's Igor 4 concession. A Peruvian subsidiary of the Company is currently permitted to build [...]
PPX Mining Corp. announces that it has entered into an agreement with an arm's length creditor, as a former employee of the Company to restructure a US$621,128.51 promissory note due on March 31, 2023, that accrues interest at an annual rate of 10%, according to the following terms: the Company will pay to the Creditor US$125,000 in cash and issue [...]
PPX Mining Corp. is pleased to announce the voting results from the Company's Annual General and Special Meeting of Shareholders held on December 16, 2022 at 82 Richmond Street East, Toronto Ontario, Canada. Shareholders voted in favour of all agenda items, being the following: Re-appointment of Brian Imrie, John Menzies, Florian Siegfried, John [...]
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 [...]
