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PPX Receives Revocation Order, Will Resume Trading August 11, 2020
VANCOUVER, BC / ACCESSWIRE / August 10, 2020 / PPX Mining Corp. (TSXV:PPX) (the " Company ...
About this update from Ppx Mining Corp.
[{"type":"text","content":"PPX Receives Revocation Order, Will Resume Trading August 11, 2020VANCOUVER, BC / ACCESSWIRE / August 10, 2020 / PPX Mining Corp. (TSXV:PPX) (the \"Company\" or \"PPX\") is pleased to announce that as of July 23, 2020, the Company had filed all of its outstanding disclosure documents which include: (i) the audited annual financial statements for the year ended September 30, 2019; (ii) the interim financial report for the period ended December 31, 2019; (iii) the interim financial report for the period ended March 31, 2020; (iv) the management's discussion and analysis for the periods ended September 30, 2019, December 31, 2019 and March 31, 2020; and (v) the certification of annual and interim filings for periods ended September 30, 2019, December 31, 2019, and March 31, 2020.On July 27, 2020, the Company received a revocation order from the British Columbia Securities Commission, informing the Company that all required records had been filed and that the Cease Trade Order issued on May 20, 2020 had been revoked. Further to receiving the revocation order, the TSX Venture exchange has announced that the Company's securities will resume trading on the TSX Venture Exchange as of opening on August 11, 2020.Brian J. Maher, President and CEO of PPX Mining Corp. commented: \"The Company is excited to resume trading, especially in light of the strong market dynamics we are experiencing. With the resumption of mining at the Igor Project, PPX is well positioned to take advantage of current precious metal prices, and continue developing and expanding operations at Mina Callanquitas.\"About PPX Mining Corp: PPX Mining Corp. (TSX.V: PPX.V, SSE: PPX, BVL: PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department. PPX is developing the Callanquitas Mine and heap leach facility to exploit high grade, underground-minable oxidized gold and silver ore. Based on the Company's Pre-Feasibility Study (\"PFS\"), PPX expects the Callanquitas Mine to produce up to 26,000 AuEq* ounces per year over a seven-year mine life at cash cost of less than US$610/AuEq* ounce (the Igor PFS is available on the Company's website and SEDAR). Simultaneously, PPX is accelerating its exploration program at Igor i...