PPX Mining increases financing to $2.53-million

Mr. Brian Imrie reports PPX MINING INCREASES PRIVATE PLACEMENT TO UP TO C$2,530,000 ON STRONG INVESTOR DEMAND PPX Mining Corp., due to strong demand, is increasing the size of its non-brokered private placement announced on Aug. 22, 2025, from 13 million units to up to 22 million units, for gross proceeds of up to $2.53-million. The revised offering consists of up to 22 million units at a price of 11.5 cents per unit, for total gross proceeds of up to $2.53-million. Each unit will comprise one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of 14 cents for a period of 24 months from the date of closing. The company intends to use the proceeds from the revised offering to finance continued exploration at Mina Callanquitas and for general working capital purposes. Closing of the revised offering is expected to occur on or about Sept. 30, 2025, subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The common shares, warrants and any common shares issued upon exercise of the warrants sold in the revised offering, if issued within four months of the closing date, will be subject to a four-month hold period in accordance with applicable Canadian securities laws. The company reserves the right to further increase or decrease the size of the revised offering, subject to the approval of the TSX Venture Exchange. Finders' fees may be payable to qualified arm's-length parties in connection with the revised offering. About PPX Mining Corp. PPX Mining is a Canadian-based mining company with assets in northern Peru. Igor, the company's 100-per-cent-owned flagship gold and silver project, is located in the prolific northern Peru gold belt in eastern La Libertad department. We seek Safe Harbor.