PPX Mining Corp V.PPX

Alternate Symbol(s): SNNGF

Metals & Mining Gold

PPX Mining Corp. is a Canadian exploration and development company with assets in northern Peru. The Igor Project, the Company's 100% owned property, comprises four of concessions of about 1,300 hectares and is located in the prolific Northern Peru gold belt in eastern La Libertad Department. The project is part of the Oligocene - Pliocene Gold-Silver Epithermal Belt. The Company is engaged in concentrating on the expansion and development of the Callanquitas structurally controlled high-grade gold and silver mineralization while simultaneously evaluating the potential for bulk-mineable, low-grade gold and silver mineralization at Tesoros and Portachuelos, targets that can expand the precious metal resource base at Igor. The Igor Project is a district scale project with the potential for multiple gold and silver deposits. Its subsidiaries consist of Sienna Minerals S.A.C. and Agraria Huaranchal S.A.C.

TSXV:PPX - Post by User

PPX Mining Corp

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Post by peruchocanuckon Mar 04, 2013 12:37pm

398 Views

Post# 21074340

More dilution....

"...Sienna Gold has granted a total of 2,600,000 incentive stock options to Mr. Maher, Mr. Wood and Ms. Kimberly Ann Arntson, pursuant to the Company's stock option plan. The options are exercisable for a period of five (5) years at a price of $0.26 per share and shall vest as to 50% on the date of grant and 50% one year from the date of the option grant."i

And "Chairman Emeritus"??!! What the heck does it mean? Does he still get a salary for doing nothing?

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