[D] PPX Mining Corp. SEC Filing

Rhea-AI Filing Summary

PPX Mining Corp. filed a Form D reporting a Regulation D private unit offering under Rule 506(b). The units consist of one common share plus one warrant exercisable at C$0.14 until September 11, 2027. The filing shows a total offering size of $133,642 USD, of which $60,269 has been sold and $73,373 remains (amounts converted from CAD at CDN$1.3844=USD$1). The company reports one investor to date and indicates the offering may continue for more than one year. No sales commissions or finders’ fees are reported and no proceeds are allocated to executive officers, directors or promoters. The notice was signed by CFO Pompeyo Gallardo.

Positive

• Clear offering structure: units composed of one common share plus one warrant exercisable at C$0.14 until September 11, 2027.
• Regulation used: Offering filed under Rule 506(b), indicating reliance on an established private-placement exemption.
• No sales commissions or finders' fees: Filing reports $0 in sales commissions and $0 in finders' fees.
• No proceeds to insiders: Filing reports $0 of gross proceeds used for payments to executive officers, directors, or promoters.

Negative

• Limited capital raised so far: Only $60,269 sold of a $133,642 offering target, leaving $73,373 unsold.
• Very small investor base: Filing shows only 1 investor to date, suggesting limited market interest so far.
• Offering duration: Issuer intends the offering to last more than one year, indicating prolonged capital-raising exposure.

Insights

Securities Offering Analyst

TL;DR: Small Reg D unit offering under Rule 506(b) with limited subscriptions and no reported intermediary fees.

The filing documents a modest private placement structured as units (share plus warrant) with an aggregate offering target of $133,642 and $60,269 sold to date. Use of Rule 506(b) implies reliance on traditional private-placement safe harbors without general solicitation. Absence of sales commissions and reported payments to insiders reduces near-term dilution of proceeds to intermediaries. The presence of a single investor and remaining unsold amount indicate limited uptake so far, and the company intends the offering to continue beyond one year, which may reflect capital needs or staged fundraising. All details presented are factual disclosures from the Form D.

Corporate Governance Specialist

TL;DR: Disclosure is standard and compliant; notable for clarity on insider payments and minimal intermediary involvement.

The Form D shows clear identification of issuer, officers and directors with Toronto addresses and confirms no proceeds are earmarked for listed executives or promoters. The signature by the CFO provides an affirmative certification. For governance review, the filing supplies core investor-count and compensation data but does not disclose investor identities, consistent with Form D norms. This is a routine regulatory filing that documents the offering terms and basic governance acknowledgements.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL

OMB Number:			3235-0076
Estimated average burden
hours per response:			4.00

1. Issuer's Identity

CIK (Filer ID Number)

Previous Names

None

Entity Type

0001384831

Peruvian Precious Metals Corp.

SIENNA GOLD INC

Sienna Gold Inc.

X	Corporation
	Limited Partnership
	Limited Liability Company
	General Partnership
	Business Trust
	Other (Specify)

Name of Issuer

PPX Mining Corp.

Jurisdiction of Incorporation/Organization

BRITISH COLUMBIA, CANADA

Year of Incorporation/Organization

X	Over Five Years Ago
	Within Last Five Years (Specify Year)
	Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
PPX Mining Corp.
Street Address 1		Street Address 2
82 RICHMOND STREET EAST
City	State/Province/Country	ZIP/PostalCode	Phone Number of Issuer
TORONTO	ONTARIO, CANADA	M5C 1P1	416-361-0737

3. Related Persons

Last Name	First Name	Middle Name
THOMAS	JOHN
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
Toronto	ONTARIO, CANADA	M5C 1P1

Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
MENZIES	JOHN
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
Toronto	ONTARIO, CANADA	M5V 1P1

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
KAISER	BRUNO
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
Toronto	ONTARIO, CANADA	M5V 1P1

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
PICKMAN	FERNANDO
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
Toronto	ONTARIO, CANADA	M5V 1P1

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
GALLARDO	POMPEYO
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
TORONTO	ONTARIO, CANADA	M5V 1P1

Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Imrie	Brian
Street Address 1	Street Address 2
82 Richmond Street East
City	State/Province/Country	ZIP/PostalCode
Toronto	ONTARIO, CANADA	M5V 1P1

Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):

4. Industry Group

Agriculture

Banking & Financial Services

Commercial Banking

Insurance

Investing

Investment Banking

Pooled Investment Fund

Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?

Yes No

Other Banking & Financial Services

Business Services

Energy

Coal Mining

Electric Utilities

Energy Conservation

Environmental Services

Oil & Gas

Other Energy

	Health Care
	Biotechnology
	Health Insurance
	Hospitals & Physicians
	Pharmaceuticals
	Other Health Care
	Manufacturing
	Real Estate
	Commercial
	Construction
	REITS & Finance
	Residential
	Other Real Estate

Retailing

Restaurants

Technology

Computers

Telecommunications

Other Technology

Travel

Airlines & Airports

Lodging & Conventions

Tourism & Travel Services

Other Travel

X

Other

5. Issuer Size

Revenue Range		OR	Aggregate Net Asset Value Range
	No Revenues			No Aggregate Net Asset Value
	$1 - $1,000,000			$1 - $5,000,000
	$1,000,001 - $5,000,000			$5,000,001 - $25,000,000
	$5,000,001 - $25,000,000			$25,000,001 - $50,000,000
	$25,000,001 - $100,000,000			$50,000,001 - $100,000,000
	Over $100,000,000			Over $100,000,000
X	Decline to Disclose			Decline to Disclose
	Not Applicable			Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

		Rule 504(b)(1) (not (i), (ii) or (iii))
		Rule 504 (b)(1)(i)
		Rule 504 (b)(1)(ii)
		Rule 504 (b)(1)(iii)
	X	Rule 506(b)
		Rule 506(c)
		Securities Act Section 4(a)(5)

Investment Company Act Section 3(c)

Section 3(c)(1) Section 3(c)(9)

Section 3(c)(2) Section 3(c)(10)

Section 3(c)(3) Section 3(c)(11)

Section 3(c)(4) Section 3(c)(12)

Section 3(c)(5) Section 3(c)(13)

Section 3(c)(6) Section 3(c)(14)

Section 3(c)(7)

7. Type of Filing

X	New Notice			Date of First Sale	2025-09-11				First Sale Yet to Occur
	Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year? X Yes No

9. Type(s) of Securities Offered (select all that apply)

X	Equity		Pooled Investment Fund Interests
	Debt		Tenant-in-Common Securities
X	Option, Warrant or Other Right to Acquire Another Security		Mineral Property Securities
X	Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security	X	Other (describe)
		Unit offering, each unit consisting of one common share and one common share purchase warrant; each warrant exercisable for one common share at C$0.14 until September 11, 2027.

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $0 USD

12. Sales Compensation

Recipient	Recipient CRD Number X None
(Associated) Broker or Dealer X None	(Associated) Broker or Dealer CRD Number X None
Street Address 1	Street Address 2
City	State/Province/Country	ZIP/Postal Code
State(s) of Solicitation (select all that apply) Check "All States" or check individual States All States	Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount	$133,642	USD	or Indefinite
Total Amount Sold	$60,269	USD
Total Remaining to be Sold	$73,373	USD	or Indefinite

Clarification of Response (if Necessary):

Amount to be sold represents potential exercise price of warrants. Amounts converted from CDN$ at $1.00=CDN$1.3844

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.

Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:

1

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions	$0	USD	Estimate
Finders' Fees	$0	USD	Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0

USD

Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:

• Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*

• Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.

• Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer	Signature	Name of Signer	Title	Date
PPX Mining Corp.	/s/ Pompeyo Gallardo	Pompeyo Gallardo	Chief Financial Officer	2025-09-18

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.

FAQ

What securities is PPX Mining Corp. (SNNGF) offering in this Form D?

The company is offering units, each consisting of one common share and one common share purchase warrant; each warrant is exercisable for one common share at C$0.14 until September 11, 2027.

How much has PPX Mining Corp. raised so far in this offering?

The Form D reports $60,269 USD sold to date out of a total offering amount of $133,642 USD.

Which exemption is PPX Mining relying on for the offering?

PPX Mining filed the offering under Rule 506(b) of Regulation D.

Are there sales commissions or finders' fees reported for this offering?

No; the filing discloses $0 in sales commissions and $0 in finders' fees.

Did PPX Mining disclose any proceeds paid to company insiders?

The Form D indicates $0 of gross proceeds have been or will be used to pay executive officers, directors, or promoters.