PPX Mining Corp V.PPX

PPX Mining Private Placement For C$1.35 M (Mar 20, 2024)

[InkaGold]

The Offering involves the sale of up to 30,000,000 units (the "Units") at a price of $0.045 per Unit for gross proceeds of up to C$1,350,000. Each Unit will consist of one common share of the Company and one common share purchase warrant, with each warrant entitling the holder to acquire one common share of the Company at a price of $0.07 for a period of 24 months from the date of closing. The Company intends to use the proceeds from the Offering to finance further exploration in surrounding areas of hole CA-24-07 of Callanquitas East at the Igor project and working capital. As mentioned in the March 7, 2024 press release, results from this hole delivered up to 33.08 g/t Au, 8174.2 g/t Ag and 13.1% Cu.



PPX Mining Announces Private Placement For Up To C$1.35 Million (tmx.com)