PPX Mining Corp (PPX)

PPX Mining Reports Second Consecutive Monthly Historical Record of Net Profit Interest Earned at Callanquitas MineJuly 6, 2026 11:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / July 6, 2026 / PPX Mining Corp. (TSX Venture:PPX)(BVL:PPX) ("PPX" or the "Company") is pleased to announce another positive month of operating and financial performance from its Callanquitas Mine at the Igor Project in northern Peru, establishing a new all-time monthly record in Net Profit Interest ("NPI") for the second consecutive month.During May 2026, the Company generated Net Profit Interest of PEN 14.67 million, surpassing the previous historical record of PEN 12.59 million established in April 2026. The May result represents an increase of approximately 16.5% over the previous monthly record. These results increased cumulative NPI for the 2026 calendar year to PEN 50.56 million, while trailing twelve-month NPI reached a record PEN 91.41 million, the highest level in PPX Mining's history. Significantly, the NPI generated during the first five months of 2026 has already surpassed the PEN 47.69 million earned during the entire 2025 calendar year, highlighting the Company's exceptional operational performance. This achievement reflects the benefits of consistently higher gold grades, strong production results and the successful execution of the Company's mining plan. NPI figures were less for February and March due to lower ore processed as a result of the restricted ore shipments due to the rainy season.Operating HighlightsRecord monthly Net Profit Interest: PEN 14.67 million (May 2026)Previous monthly record: PEN 12.59 million (April 2026)Calendar Year 2026 NPI: PEN 50.56 millionTrailing Twelve-Month NPI: PEN 91.41 million (highest in Company history)The operating performance was primarily driven by continued mining of high-grade mineralization from the underground Callanquitas East vein, where average gold grades remained near 8.72 grams per tonne. Strong metal prices, stable third-party plant performance, and disciplined cost management also contributed to the record financial results.Ernest Mast, President and Chief Executive Officer commented: "Delivering record Net Profit Interest in April was an outstanding achievement. Surpassing that record again in May demonstrates the consistency and strength of our operation and the exceptional quality of the Callanquitas deposit. As we will shortly be commencing the company's largest exploration campaign ever, we anticipate continuing to identify high grade areas.
Although construction of the new plant has experienced certain delays as we continue working constructively with local stakeholders and government authorities, our current mining and processing operations continue at full speed and are performing better than at any time in the Company's history.
The record cash generation we are reporting today provides further validation of our operating strategy and strengthens our confidence in the future of the Igor Project. Once the new processing plant is commissioned, we believe PPX will be well positioned to increase production, improve operating flexibility, and create additional value for our shareholders".Building on Operational MomentumThe Company believes the current results demonstrate the significant earning power of the Igor Project under its existing operating configuration. The combination of consistently high-grade ore, disciplined mining practices and third-party processing has resulted in consecutive monthly records in profitability and the strongest trailing twelve-month financial performance in PPX's history.Management remains focused on maintaining safe, efficient operations while advancing completion of the new processing plant, which is expected to provide increased processing capacity, greater operational flexibility, and an enhanced platform for future production growth.Net Profit Interest TrendPeriodNPI (PEN million)Change vs Previous MonthMarch 20267.44+ 8.3%April 202612.59+ 69.2%May 202614.67+ 16.5%All technical information in this press release has been reviewed and approved by John Thomas, P. Eng., who is the Chief Operating Officer of the Company and a qualified person under the definitions established by National Instrument 43-101.About PPX Mining Corp.PPX Mining Corp. is a Canadian mineral exploration and mining company focused on the exploration, development, and production of precious metal assets in northern Peru. The Company's flagship Igor Project includes the producing Callanquitas underground mine and a new processing plant currently under construction.On behalf of the Board of Directors
Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Reports Second Consecutive Monthly Historical Record of Net Profit Interest Earned at Callanquitas Mine

PPX Mining Announces Resumption of Diamond Drilling Program at the Callanquitas MineJune 30, 2026 12:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / June 30, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) ("PPX" or the "Company") is pleased to announce that its Peruvian mining partner, Proyectos La Patagonia S.A.C. ("PLP"), has signed a drilling services contract with RAMPERU S.A.C. Servicios Generales ("RAMPERU") to resume diamond drilling exploration activities at the Company's flagship Callanquitas Mine in northern Peru.The drilling campaign marks the continuation of PPX's systematic exploration strategy aimed at expanding the known mineralization surrounding the Callanquitas deposit and advancing the Company's understanding of the broader Igor Project.The drilling campaign will focus on testing extensions of known mineralized structures within the Callanquitas veins through HQ3 diamond drilling. Information collected during the program, including geological logging, structural data, core recovery and analytical results, will be used to refine the Company's geological model and support future resource evaluation and mine planning activities.The Company expects mobilization activities to begin following the contractual advance payment and completion of site preparations, with drilling expected to continue over approximately nine months.Program HighlightsInitial diamond drilling program of approximately 4,860 metres using a modern Tecdrill H400E drill rig.Option to expand the campaign to approximately 9,810 metres through the addition of a second drill rig.Expected execution period of approximately 265 calendar days following mobilization.Comprehensive health, safety, environmental and operational standards.Daily technical reporting, borehole documentation and final technical acceptance procedures.PLP to provide site infrastructure including access, water, power, fuel, accommodation and auxiliary equipment.Ernest Mast, President and CEO commented: "The execution of this drilling contract represents another important milestone as we continue to grow and better define the Callanquitas Mine. The exploration program is designed to further define and expand the high-grade mineralized system surrounding our existing resources while supporting our long-term mine development plans."All scientific and technical information contained in this press release has been reviewed and approved by Dr. Warren Pratt, PGeo., Technical Advisor of PPX Mining Corp., who is a qualified person as defined within the National Instrument NI-43-101.On behalf of the Board MembersErnest Mast
President and CEO
PPX Mining Corp.
82 Richmond Street East Toronto, Ontario M5C 1P1, Canada
Telephone: 416-361-0737
Website: www.ppxmining.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Warning StatementNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain disclosures in this release may constitute "forward-looking statements" within the meaning of the United States Securities Litigation Reform Act of 1995 and the Canadian securities legislation. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that it believes are reasonable. However, forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties are detailed from time to time in the Company's filings with relevant securities commissions, and may include, but are not limited to, market conditions, and delays in obtaining or failing to obtain regulatory approvals or financing. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking statements. The Company has no intention, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Announces Resumption of Diamond Drilling Program at the Callanquitas Mine

PPX Mining Announces Additional Convertible Debenture Conversion by Rivi Opportunity FundJune 15, 2026 9:00 AM
ACCESS NewswireNOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESTORONTO, ON / ACCESS Newswire / June 15, 2026 / PPX Mining Corp. ("PPX" or the "Company") is pleased to announce that RIVI Opportunity Fund LP ("RIVI") has elected to convert an additional US$1,216,648.68 principal amount of its outstanding secured convertible debenture of the Company. The conversion will result in the issuance of approximately 30.42 million common shares of PPX to RIVI.As announced on February 21, 2023, PPX and RIVI entered into an amended and restated gold and silver purchase agreement that restructured the Company's streaming and payment obligations. The transaction received approval from the TSX Venture Exchange on May 16, 2023. Under the terms of the debenture, RIVI may convert all or a portion of the outstanding principal at a conversion price of US$0.04 per share, subject to a limitation that prevents any conversion that would result in RIVI beneficially owning or controlling 20% or more of PPX's outstanding common shares without prior approval of the TSX Venture Exchange. As part of that restructuring, PPX issued a 5.00% secured convertible debenture to RIVI in the principal amount of US$5.40 million, consolidating certain legacy obligations into a single instrument. During the same year, the Company also voluntarily prepaid US$1.0 million of principal under the debenture.On March 6, 2025, PPX and RIVI agreed to extend the maturity date of the debenture from February 21, 2026 to December 31, 2026, providing additional financial flexibility and aligning the remaining obligation with the Company's development plans.The current transaction represents RIVI's third exercise of its conversion rights under the debenture. RIVI previously converted US$500,000 of principal on April 23, 2024 and a further US$250,000 on June 17, 2025, resulting in the issuance of an aggregate 18.75 million common shares of PPX. Following completion of this transaction, RIVI will have converted a total of approximately US$1.97 million of principal into approximately 49.17 million common shares of the Company. On a post-transaction basis, RIVI will hold approximately 5.46% of PPX's issued and outstanding common shares on a non-diluted basis.As a result of this conversion, the outstanding principal balance of the debenture has been reduced to approximately US$2.43 million, representing a reduction of nearly 55% from the original principal amount through a combination of conversions and principal repayments.Ernest Mast, President and CEO, commented: "We are very pleased to see RIVI once again demonstrate its confidence in PPX through this additional conversion. Since the restructuring of our obligations in 2023, the Company has made significant progress across all areas of the business, including strengthening our balance sheet, advancing construction of our processing plant, growing operational cash flow and continuing to unlock value at the Igor Project. This conversion further reduces our debt obligations and reflects the confidence that our long-term partners have in the future of PPX."John Menzies, Managing Partner of RIVI Capital, commented: "RIVI has been a long-term financial partner of PPX for many years, and we have had the opportunity to witness firsthand the tremendous progress the Company has made since the restructuring transaction in 2023. The PPX management team has consistently delivered on its objectives, strengthening the Company's financial position, advancing the development of its assets and creating meaningful value for shareholders. Our decision to further convert debt into equity reflects our confidence in the Company's strategy, our trust in the leadership team and our commitment to PPX as a long-term partner. We are excited about the opportunities ahead and look forward to continuing to support the Company's growth and success."About PPX Mining Corp:PPX Mining Corp. (TSX.V:PPX.V)(BVL:PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.On behalf of the board of directors of the Company:Ernest Mast
President & CEO
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.The securities mentioned in this press release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding future financing and plans and / or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business plans and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain any required regulatory approvals, if applicable. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Announces Additional Convertible Debenture Conversion by Rivi Opportunity Fund

PPX Mining Provides Update on Start-up of the Process PlantMay 11, 2026 6:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / May 11, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) (the "Company" or "PPX") announces the establishment of a working group with the Municipality of Huaranchal, representatives of the local communities, and the Regional Government of La Libertad, following recent meetings during which certain concerns and misunderstandings were raised by community members regarding aspects of the Project's planned operations. The working group is intended to provide a constructive forum to clarify technical and operational matters, address questions raised by stakeholders, and support a transparent and collaborative path forward for the Project. While this decision will result in a delay in the start-up of the process plant currently under construction, the Company believes that preserving a constructive partnership with local communities that have hosted the project operations for more than a decade is fundamental to the Project's long-term success.The Company's process plant and ancillary infrastructure have been duly approved by the Regional Ministry of Mines and were designed in accordance with all applicable technical and environmental standards. The Project incorporates a geotube-based tailings management system, which eliminates the need for a conventional tailings dam and enables the recycling of process water as part of the operation. These technical aspects are among the matters the Company intends to further explain and clarify through the working group process in order to provide additional comfort to the surrounding communities.The permitting process for the Project was supported by an extensive community engagement program, including public participation forums held in 2018 and 2023 that were attended by community members and local stakeholders, during which no objections to the Project were presented. Nevertheless, the Company believes it is important to revisit and refresh these technical discussions with the communities to ensure that all stakeholders continue to have a clear and updated understanding of the Project's design, environmental safeguards, and operating methodologies.In the interim, ore from the Callanquitas Mine will continue to be processed at third-party facilities, consistent with current operations. The Company expects operating performance to remain in line with recent quarters (see press releases dated February 11, 2026 and May 5, 2026).No changes to the Company's 2026 exploration plans are anticipated.On behalf of the Board of Directors
Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Provides Update on Start-up of the Process Plant

PPX Mining Provides Operational UpdateMay 5, 2026 2:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / May 5, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) (the "Company" or "PPX") is pleased to announce strong unaudited operational results for the calendar quarter ended March 31, 2026, from its Callanquitas Mine operation at the Igor Project in La Libertad, Peru. These results were achieved despite challenging operating conditions during the quarter, including heavy rainfall in the region and transportation restrictions caused by elevated water levels in the Chicama River, which impacted bridge access to the site.During the first calendar quarter of 2026, PPX continued to deliver strong financial performance at Callanquitas, building on the record results achieved during the fourth quarter of 2025. For the three months ended March 31, 2026, the Callanquitas operation generated total revenues of PEN 61.8 million (CAD$ 23.5(1) million), with gross profit of PEN 43.8 million (CAD$ 16.7(1) million), representing a gross margin of approximately 71%.Pre-tax earnings for the quarter totaled PEN 42.8 million (CAD$ 16.3(1) million), reflecting continued high-margin performance and disciplined cost control at the operation. Net income for the quarter amounted to PEN 31.1 million (CAD$ 11.8(1) million).PPX's 75% net profit interest ("NPI") for the quarter amounted to PEN 23.3 million (CAD$ 8.9(1) million). These results represent a strong start to the 2026 calendar year and further demonstrate the cash-generating capacity of the Igor Project.Ernest Mast, President and CEO of PPX Mining Corp., commented: "The first quarter results demonstrate that PPX has carried its strong 2025 operating momentum into 2026. Generating CAD$ 8.9 million in NPI in the first three months of the year is an important result for the Company and reinforces the strength of the Callanquitas operation. These results provide PPX with a solid financial foundation and positions the Company to advance its strategic priorities, while delivering continued value to shareholders."On the development front, PPX is preparing to initiate its 2026 exploration program (see press release dated April 28, 2026), with a dual focus on expanding its oxide resource base while also advancing the delineation of sulphide resources. The sulphide exploration component is fully funded through the Company's strategic partnership with Glencore, underscoring continued support for the advancement of PPX's longer-term resource growth strategy.(1) Average exchange rate 1 CAD = 2.63 PENOn behalf of the Board of Directors
Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Provides Operational Update

PPX Mining Announces Grant of Stock Options, Restricted Share Units and Deferred Share UnitsApril 30, 2026 7:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / April 30, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) ("PPX" or the "Company") announces that it has granted an aggregate of 95,990 stock options (each, a "Stock Option"), 42,614 deferred share units (each, a "DSU") and 42,614 restricted share units (each, an "RSU") to a director of the Company. The Stock Options and the RSUs have a three-year vesting period, vesting in equal amounts on the first, second and third anniversaries of the date of grant. The DSUs will vest on the 20th business day after the holder ceases to be an eligible person under the Company' equity incentive plan, subject to a minimum vesting period of 12 months after the date of grant. Once vested, each Stock Option is exercisable for one common share of the Company at an exercise price of $0.29 per share until April 30, 2036. Once vested, each DSU and RSU entitles the holder to acquire one common share of the Company, less any tax liabilities of the holder, as applicable. The Stock Options, DSUs and RSUs were issued pursuant to the terms of the Company's 10% rolling equity incentive plan, which was reapproved by the shareholders of the Company on March 20, 2026.About PPX Mining Corp:PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.On behalf of the board of directors of the Company:Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Announces Grant of Stock Options, Restricted Share Units and Deferred Share Units

PPX Mining Announces Grant Of Stock Options, Restricted Share Units And Deferred Share UnitsMarch 31, 2026 6:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / March 31, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX)("PPX" or the "Company") announces that it has granted an aggregate of 2,048,456 stock options (each, a "Stock Option"), 213,069 deferred share units (each, a "DSU") and 1,891,000 restricted share units (each, an "RSU") to certain executive officers, directors, consultants and employees of the Company and its subsidiaries. The Stock Options and the RSUs have a three-year vesting period, vesting in equal amounts on the first, second and third anniversaries of the date of grant. The DSUs will vest on the 20th business day after the holder ceases to be an eligible person under the Company' equity incentive plan, subject to a minimum vesting period of 12 months after the date of grant. Once vested, each Stock Option is exercisable for one common share of the Company at an exercise price of $0.29 per share until March 30, 2036. Once vested, each DSU and RSU entitles the holder to acquire one common share of the Company, less any tax liabilities of the holder. The Stock Options, DSUs and RSUs were issued pursuant to the terms of the Company's 10% rolling equity incentive plan, which was reapproved by the shareholders of the Company on March 20, 2026.About PPX Mining Corp:PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.On behalf of the board of directors of the Company:Ernest Mast
President and CEO
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Announces Grant Of Stock Options, Restricted Share Units And Deferred Share Units

PPX Hosts Medical Outreach Campaign for Local CommunitiesMarch 5, 2026 2:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / March 5, 2026 / PPX Mining Corp. (TSX.V:PPX)(BVL:PPX) (the "Company" or "PPX") is pleased to announce that it continues to actively support the health and well-being of the communities surrounding its Igor Project in northern Peru, consistent with the Company's long-standing good-neighbor policy and commitment to responsible community engagement.Following its December 2025 donation of medical equipment, furniture, and essential supplies to the Huaranchal Health Center, PPX, through its Peruvian subsidiaries, recently organized and successfully carried out a two-day medical outreach campaign on February 21 and 22, 2026 for residents of the district of Huaranchal and nearby communities, including Igor, Tres Piedras and surrounding villages, located in the province of Otuzco, La Libertad region.The initiative was very well received by the local population and represents another step in strengthening the relationship between the Company and the communities that host its operations.Highlights of the medical campaign included:A medical team of seven specialist physicians and one nurse traveled from Trujillo to provide professional healthcare services to local residents.The transport and installation of specialized medical equipment for the Huaranchal Health Center, including ultrasound units, dental and laboratory equipment used to test for diabetes and cholesterol levels.Donation of medications and medical supplies to the Huaranchal Health Center to support ongoing local healthcare services.Medical services related to pediatrics, gynecology, ophthalmology, general medicine, internal medicine, laboratory diagnostics, and pharmacy.Approximately 2,000 residents, including children and adults, received medical consultations and treatment during the two-day campaign.Working in coordination with the staff of the Huaranchal District Health Center, the visiting medical team ensured proper attention for elderly residents, pregnant women, and children, helping address healthcare needs in communities that often have limited access to specialized medical services.PPX intends to continue organizing similar medical campaigns in the future, in coordination with government health authorities and local community leaders, as part of the Company's ongoing commitment to supporting the well-being of neighboring communities and fostering sustainable, responsible development in the region.PPX is pleased to share several photographs from the medical campaign illustrating the services provided during the two-day event. Images reflect the collaborative effort between the visiting medical team, local health authorities and PPX personnel to deliver comprehensive healthcare services to the Huaranchal community: Ernest Mast, President and CEO of PPX Mining Corp., commented: "Supporting the health and well-being of the communities around the Igor is a fundamental part of how we operate. We are proud to work alongside local health authorities to bring specialized medical services to Huaranchal and nearby communities. Initiatives like this medical campaign reflect our long-term commitment to being a responsible partner in the region and to contributing positively to the quality of life of the families who live near our operations".On behalf of the Board of Directors
Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Hosts Medical Outreach Campaign for Local Communities

PPX Mining Provides Operational and Corporate UpdateFebruary 11, 2026 8:00 AM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / February 11, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) (the "Company" or "PPX") is pleased to provide an operational and corporate update highlighting successive record monthly net profit interest ("NPI") results in November and December 2025 at its Callanquitas Mine, as well as a leadership transition at the Board level.Operational UpdateFollowing the previously reported record performance in October 2025, PPX continued to deliver strong operational results at the Callanquitas Mine, operated by its mining partner, Proyectos La Patagonia SAC. In November 2025, PPX earned NPI of PEN 7.2 million (CAD$ 2.9(1) million), exceeding the October monthly record. Performance improved further in December 2025, with PPX earning NPI of PEN 8.7 million (CAD$ 3.5(1) million), representing the highest monthly NPI achieved by the Company to date.As a result of this sustained operational strength, total NPI earned by PPX during the 2025 calendar year amounted to PEN 38.1 million (CAD$ 15.3(1) million), marking a record annual result and underscoring the strong cash-generating capacity of the Company's flagship Igor Project.For the full 2025 calendar year, the Callanquitas operation generated total revenues of PEN 129.5 million (CAD$ 52.4(1) million), with a gross profit of PEN 66.8 million (CAD$ 26.9(1) million). Pre-tax earnings for the year totaled PEN 62.2 million (CAD$ 25.1(1) million), reflecting consistent operational execution and favorable mining conditions throughout the year.Ernest Mast, President and CEO of PPX Mining Corp., commented:"The record NPI results achieved in November and December, following an already strong October, demonstrate the strength and scalability of the Igor Project and the consistency of our operating partner at Callanquitas. Delivering CAD$ 15 million in NPI during 2025 is a significant milestone for PPX and validates our strategy of building a high-margin, cash-generating operation. With strong operating momentum, continued progress on our processing plant, and high-grade drill targets, we are entering 2026 in a very solid financial and operational position."On the development front, PPX continues advancing construction of its carbon-in-leach ("CIL") and flotation processing plant, with several key components now in final installation stages. Once commissioned, the plant is expected to materially reduce mining, transportation, and processing costs, while enabling higher throughput, improved metallurgical recoveries, and enhanced operational efficiency, supporting the next phase of growth at the Igor Project.Corporate UpdateThe Company also announces that Brian Imrie will step down from his executive role as Executive Chairman and will continue as Chairman of the Board of PPX Mining Corp., effective immediately. This transition reflects the Company's evolution into a cash-generating producer and aligns with best practices in corporate governance.Mr. Imrie has played a pivotal role in guiding PPX through a period of significant transformation, including strengthening the Company's balance sheet, advancing construction of key infrastructure, and positioning PPX for sustained operational and financial growth. The Board of Directors thanks Mr. Imrie for his leadership and ongoing commitment to PPX as Chairman.(1) Exchage rate 1 CAD = 2.48 PENOn behalf of the Board of Directors
Ernest Mast
President and Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement:This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Provides Operational and Corporate Update

PPX Mining Announces Filing of 2025 Audited Financial Statements and MD&AJanuary 29, 2026 5:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / January 29, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) is pleased to announce that its audited financial statements and Management's Discussion and Analysis ("MD&A") for the fiscal year ended September 30, 2025 are available on SEDAR+ at www.sedarplus.ca.About PPX Mining Corp:PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.Ernest Mast
Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: PPX Mining Corp.View the original press release on ACCESS NewswireOriginal: PPX Mining Announces Filing of 2025 Audited Financial Statements and MD&A

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