PPX Mining Grants Stock Options and Share Units

PPX Mining Corp., listed on TSXV and BVL under the ticker PPX, has announced the allocation of stock options, restricted share units (RSUs), and deferred share units (DSUs). The company has distributed a total of 95,990 stock options, 42,614 deferred share units, and 42,614 restricted share units to one of its directors.

These stock options and RSUs have a three-year vesting schedule, becoming exercisable in equal parts over three years. The DSUs will vest following the cessation of the holder's eligibility, with a minimum vesting period of one year. Each stock option can be exchanged for one common share at a price of $0.29, valid until April 30, 2036. RSUs and DSUs, once vested, offer the holder a common share, accounting for tax liabilities.