NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Vancouver, British Columbia – August 19, 2016 – PPX Mining Corp. (the "Company"), is pleased to announce that the Company has entered into debt settlement agreements with certain creditors, two of which are a director and/or an officer of the Company (the "Creditors"). In consideration for settlement of a total combined debt of $366,943.79 owing to the Creditors by the Company, the Company will issue to the Creditors a total of 3,494,703 common shares of the Company at a deemed price of $0.105 per share.

The transaction is subject to the approval of the TSX Venture Exchange.

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:

Neither the 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.