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PPX Mining settles debt of US$860,094 with 6,533,921 shares at C$0.185 each

PPX Mining settles debt of US$860,094 with 6,533,921 shares at C$0.185 each

ReutersReuters2026/07/29 19:00
By:Reuters
  • PPX Mining struck a debt settlement to clear US$ 860,094 of royalty-payment debt through an equity issuance.
  • Creditor to receive 6,533,921 common shares at a deemed price of CAD$ 0.19 per share, implying consideration of CAD$ 1.21 million.
  • Transaction requires TSX Venture Exchange sign-off; issued shares carry a four-month hold.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPX Mining Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607291500ACCESSWRNAPR_____1197978) on July 29, 2026, and is solely responsible for the information contained therein.

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