Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company") reports today that Kimberly Ann Arntson will no longer be serving as an officer of the Company however Ms. Arntson will continue to provide consulting services to the Company. Brian J. Maher, President and CEO of the Company commented: “On behalf of the Company and our Board of Directors, we want to thank Kimberly for her years of service and her [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company’s mining partner Proyectos La Patagonia S.A.C. (“PLP”) has provided the company with a report of operations at Mina Callanquitas for the month of December 2016. PLP is developing Mina Callanquitas for the Company as part of a systematic test mining and bulk sampling program to evaluate the potential [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company") is pleased to announce that the Board of Directors has appointed John Menzies as a Director of the Company. John Menzies is the Managing Partner of RIVI Capital and has over 19 years of experience with investment management companies at various stages of growth, from $50 million to $50 billion in assets under management, where he created, developed [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company’s mining partner Proyectos La Patagonia S.A.C. (“PLP”) has provided the company with a report of operations at Mina Callanquitas since the inception of mining activity on October 26 through the end of November 2016. PLP is developing Mina Callanquitas for the Company as part of a systematic test [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company"), is pleased to announce that it has closed a non-brokered private placement consisting of 125,000,233 units (each a "Unit"), at a price of $0.06 per Unit, for gross proceeds of $7,500,014. Each Unit consists of a common share and ½ of a whole common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase a common [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company") announces that a total of 15,036,000 incentive stock options have been granted to directors, officers and employees of the Company pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five (5) years at a price of $0.10 per share. On behalf of the Board of Directors Brian J. Maher President and Chief Executive [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company and its mining partner Proyectos La Patagonia S.A.C. (“PLP”) have shipped the first bulk samples from Mina Callanquitas to a nearby toll mill for processing. Approximately 200 tonnes of bulk sample have been delivered to the milling facility through Friday, October 28. This material will be processed [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that underground test mining and bulk sampling have commenced at Mina Callanquitas on its Igor Project in northern Peru. The Company’s mining partner Proyectos La Patagonia S.A.C. (“PLP”) has received the Autorizacion Inicio de Actividades (AIA, Authorization to Begin Activities) from the regional authorities in the [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”), and its mining partner Proyectos La Patagonia S.A.C. (“PLP”) are pleased to announce that they have received the Permiso de Uso de Explosivos (Explosives Use Permit) from the Peruvian Superintendencia Nacional de Seguridad, Armas, Municiones y Explosivos de Uso Civil (SUCAMEC, National Superintendent of Security, Firearms, Munitions and [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company"), is pleased to announce that the non-brokered private placement previously announced on June 24, 2016 consisting of 7,635,914 common shares at a purchase price of $0.05 per share (“Share”) for gross proceeds of approximately $381,795.70 has closed. The Shares issued under the private placement will be subject to a four-month hold expiring on February [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company has closed an agreement (“the Agreement”) with RIVI Capital LLC (“RIVI”) to provide the Company with an investment of US$5,000,000 in return for a Metal Purchase Agreement (“MPA or Gold Streaming Agreement”) on future precious metal production from the Company’s Igor 4 concession, at its Igor Project [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company"), is pleased to announce that the Company completed its previously announced debt settlements with certain creditors, two of whom are directors and/or officers of the Company (the "Creditors"). In consideration for settlement of a total combined debt of $366,943.79 owing to the Creditors by the Company, the Company issued to the Creditors 3,494,703 [...]