Toronto – April 30, 2026 – PPX Mining Corp. (TSXV: PPX; BVL: PPX; “PPX” or the “Company”) announces that it has granted an aggregate of 95,990 stock options (each, a “Stock Option”), 42,614 deferred share units (each, a “DSU”) and 42,614 restricted share units (each, an “RSU”) to a director of the Company. The Stock Options and the RSUs have a three-year vesting period, vesting in equal amounts on the first, second and third anniversaries of the date of grant. The DSUs will vest on the 20th business day after the holder ceases to be an eligible person under the Company’ equity incentive plan, subject to a minimum vesting period of 12 months after the date of grant. Once vested, each Stock Option is exercisable for one common share of the Company at an exercise price of $0.29 per share until April 30, 2036. Once vested, each DSU and RSU entitles the holder to acquire one common share of the Company, less any tax liabilities of the holder, as applicable. The Stock Options, DSUs and RSUs were issued pursuant to the terms of the Company’s 10% rolling equity incentive plan, which was reapproved by the shareholders of the Company on March 20, 2026.

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 silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.

On behalf of the board of directors of the Company:

Ernest Mast

President and Chief Executive Officer

82 Richmond Street East

Toronto, Ontario M5C 1P1

Canada

416-361-0737

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement:

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 test results, future plans or management estimates. 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 this transaction. 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.