PPX Mining says RIVI converts US$1.22 million debenture into 30 million shares

  • PPX Mining’s RIVI Opportunity Fund converted an additional USD 1.22 million of a secured convertible debenture into 30,416,000 common shares.
  • Conversion price set at USD 0.04 per share; RIVI’s post-transaction stake totals about 5.46% on a non-diluted basis.
  • Outstanding debenture principal falls to about USD 2.43 million; total converted now about USD 1.97 million into 49,166,000 shares.


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