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PPX Mining Corp. Announces C$1.495 Million Private Placement

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PPX Mining Corp. Announces C$1.495 Million Private Placement

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PPX Mining ( (TSE:PPX) ) has issued an announcement.

PPX Mining Corp. has announced a non-brokered private placement to raise up to C$1,495,000 through the sale of 13,000,000 units, each consisting of one common share and one share purchase warrant. The proceeds will be used for further exploration at Mina Callanquitas and for working capital, with the offering expected to close around September 30, 2025, subject to regulatory approvals.

More about PPX Mining

PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Its flagship project, Igor, is a 100%-owned gold and silver project located in the prolific Northern Peru gold belt in eastern La Libertad Department.

Average Trading Volume: 102,536

Technical Sentiment Signal: Buy

Current Market Cap: C$94.35M

Find detailed analytics on PPX stock on TipRanks’ Stock Analysis page.

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