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PPX Mining Converts Remaining USD 2.43 Million Debt Principal Into Shares

PUBT·11/09/2026 17:00:38
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PPX Mining Converts Remaining USD 2.43 Million Debt Principal Into Shares
  • PPX Mining announced Nov. 9, 2026, RIVI's conversion of the remaining USD 2.43 million principal under its secured convertible debenture.
  • The conversion resulted in issuance of 60,832,433 common shares at USD 0.04 per share.
  • A proposed debt settlement would extinguish USD 653,357.88 in accrued, unpaid interest through issuance of 5,993,342 common shares.
  • Settlement shares carry a deemed price of CAD 0.165 each; issuance requires TSX Venture Exchange approval.
  • Completion would fully extinguish the convertible debenture obligations, leaving RIVI with approximately 11.88% ownership on a non-diluted basis.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPX Mining Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202611091200ACCESSWRNAPR_____1248810) on November 09, 2026, and is solely responsible for the information contained therein.