Vancouver, British Columbia – June 14, 2021 – PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce it has applied to partially revoke the cease trade order (the “CTO”) issued against the Company by the British Columbia Securities Commission (the “BCSC”) and the Ontario Securities Commission (the “OSC”) on February 3, 2021. The CTO was issued due to the Company’s failure to file certain financial disclosure documents in compliance with National Instrument 51-102 Continuous Disclosure Obligations. Please see the news releases of the Company dated February 4, 2021 and April 21, 2021 for further details regarding the CTO.

If the BCSC and the OSC partially revoke the CTO, the Company intends to complete a $438,452.52 tranche of its previously announced non-brokered private placement for aggregate gross proceeds of up to $510,112.56 (the “Private Placement”), through the issuance of 7,307,542 common shares in the share capital of the Company (each, a “Common Share” and collectively, the “Common Shares”), at a price of $0.06 per Common Share. In connection with this closing, the Company will pay a cash finder’s fee of $26,307.16 and 146,151 Common Shares to arm’s length finders. All Common Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Private Placement has been conditionally approved by the TSX Venture Exchange. Please see the news releases of the Company dated November 20, 2020, January 4, 2021 and January 29, 2021 for further details regarding the Private Placement.

On behalf of the Board of Directors
Brian J. Maher
President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:
PPX Mining Corp.
Brian J. Maher, President and Chief Executive Officer
Phone: 1-530-913-4728
Email: brian.maher@ppxmining.com
Website: www.ppxmining.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking statements”) as such terms are defined by applicable securities laws, including, but not limited to statements regarding the resumption of trading on the Exchange. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control, and the Company’s actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with the resumption of trading on the Exchange.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today’s date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.