PPX Mining Corp. is pleased to announce that development work by its mining partner Proyectos la Patagonia S.A.C. on the 3190 level of the underground Mina Callanquitas during 2021 cut a high-grade gold and silver mineralized shoot within the previously defined reserves for Mina Callanquitas . Systematic underground channel sampling, part of PLP's normal grade control protocol, outlined a high-grade mineralized shoot over [...]
PPX Mining is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which the Company issued 3,583,000 common shares in the capital of the Company at a price of CDN$0.06 per Common Share for gross proceeds to the Company of CDN$214,980. The net proceeds of the Private Placement will be used for general working capital purposes. In connection with the Private [...]
PPX Mining is pleased to announce a non-brokered private placement offering of up to 3,583,000 common shares of the Company at a purchase price of CDN$0.06 per share to raise gross proceeds of up to CDN$214,980. Subject to TSXV acceptance, the Company may pay finder's fees of cash or Shares, or a combination thereof, to certain arm's length finders. The Company intends to use the proceeds from the Private Placement for [...]
PPX Mining is pleased to announce that during the twelve months of Fiscal 2021 13,888 ounces of gold and 43,176 ounces of silver were produced from ore mined at Mina Callanquitas generating Cdn$2,641,326 in Net Profit Interest Income. Ore production sold from Mina Callanquitas totalled 53,824 tonnes grading 9.75 gpt gold during the twelve-month period. During Fiscal Q4 2021 mine production totalled 14,060.78 tonnes [...]
PPX Mining is pleased to announce that the TSX-V has approved the application for reinstatement of trading of the Company's common shares. The Exchange suspended trading in the Shares because of the dual cease trade order issued by the British Columbia Securities Commission and the Ontario Securities Commission on February 3, 2021 for the delay in the filing of the Company's audited annual consolidated financial [...]
PPX Mining is pleased to announce that the dual cease trade order issued by the British Columbia Securities Commission and the Ontario Securities Commission on Feb 3, 2021 as a result of the Company's failure to file its audited annual consolidated financial statements, management's discussion and analysis and associated officer certificates for the Company's financial year ended September 30, 2020 has been revoked [...]
PPX Mining is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which the Company issued 7,307,542 common shares in the capital of the Company at a price of $0.06 per Common Share for gross proceeds to the Company of $438,452.52. PPX is also pleased to announce the results of its annual and special meeting of shareholders held on June 29, 2021 . At the Meeting [...]
PPX Mining is pleased to announce it has applied to partially revoke the cease trade order issued against the Company by the BC Securities Commission and the Ontario Securities Commission on February 3, 2021. The CTO was issued due to the Company's failure to file certain financial disclosure documents in compliance with National Instrument 51-102 Continuous Disclosure Obligations. Please see the news releases of the [...]
PPX Mining is providing the following update regarding the Cease Trade Order issued by the BC Securities Commission and the Ontario Securities Commission due to the delay in filing the Company's annual financial statements for the fiscal year ended September 30, 2020, the related management's discussion and analysis, and the certification of the annual filings for the year ended September 30, 2020 , as reported in a press [...]
PPX Mining Corp. is pleased to announce that over 10,065 tonnes of ore grading 9.43 gpt gold were mined and processed during calendar Q4 2020 at Mina Callanquitas, a rate of approximately 109 tonnes/day. In addition, 771 metres of lateral mine development were also completed during the quarter. Highlights of mining results for calendar Q4 2020 are given below: The Company's mining partner Proyectos La Patagonia S.A.C [...]
PPX Mining Corp. discloses that the filing of the Company's annual financial statements for the fiscal year ended September 30, 2020, the related management's discussion and analysis, and the certification of the annual filings for the year ended September 30, 2020, were not completed by the deadline of January 29, 2021 as was required by the British Columbia Securities Commission. As a result, the British Columbia [...]
PPX Mining Corp. announces that, further to its news releases dated November 20, 2020 and January 4, 2021, the TSX Venture Exchange has granted a further extension to March 5, 2021 for closing and filing final documentation in respect of the Company's previously announced private placement. On behalf of the Board of Directors Brian J. Maher President and Chief Executive Officer PPX Mining Corp. Brian J. Maher, President [...]
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