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The latest update is out from PPX Mining ( (TSE:PPX) ).
PPX Mining Corp. announced that its private placement offering has been oversubscribed, resulting in the issuance of 22,434,813 units for gross proceeds of C$2,580,004. The funds will be used to advance exploration at the Mina Callanquitas project and for general working capital. The offering is expected to close by September 30, 2025, pending regulatory approvals, and includes a statutory hold period for the securities issued.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. The company’s 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: 118,222
Technical Sentiment Signal: Buy
Current Market Cap: C$102M
For an in-depth examination of PPX stock, go to TipRanks’ Overview page.