TORONTO, ON / ACCESS Newswire / March 7, 2025 / PPX Mining Corp. (TSX.V:PPX.V) (BVL:PPX) is pleased to announce that RIVI Opportunity Fund LP has agreed to defer the maturity date of the convertible debenture that the Company issued on February 19, 2023, as part of the previously announced stream restructuring with RIVI, to December 31, 2026. The convert was originally due on February 19, 2026.
Brian Imrie commented “we appreciate RIVI’s ongoing support to PPX. This deferral will provide sufficient time to complete plant construction, including commissioning, and to satisfy the obligations under the convertible note at the new maturity. The deferral also allows PPX to keep this liability as non-current, not affecting our current working capital position.”
About PPX Mining Corp:
PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company’s 100%-owned flagship gold and…
