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

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

ReutersReuters2026/08/21 00:30
  • PPX Mining completed a debt-for-equity settlement, clearing US$ 860,094 in royalty-payment debt with an arm’s-length creditor.
  • Issued 6,533,921 common shares at a deemed price of CAD$ 0.19 per share, valuing the settlement at CAD$ 1.21 million.
  • Shares carry a hold period until Dec. 20, 2026.


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: 202608202030ACCESSWRNAPR_____1210000) on August 21, 2026, and is solely responsible for the information contained therein.

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