PPX Mining — Regulatory Filings 2022

Feb 17, 2022

FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1 Name and Address of Issuer

PPX Mining Corp. (the “ Issuer ”) 880 – 580 Hornby Street Vancouver, B.C. V6C 3B6

Item 2 Date of Material Change

February 8, 2022 and February 11, 2022

Item 3 News Release The news releases were issued by the Issuer and disseminated via Accesswire and SEDAR filed on February 9, 2021 and February 10, 2022.

Item 4 Summary of Material Change

The dual cease trade order issued by the British Columbia Securities Commission (the “ BCSC ”) and the Ontario Securities Commission (the “ CTO ”) on February 3, 2021 (the “ CTO ”) as a result of the Company’s failure to file its audited annual consolidated financial statements, management’s discussion and analysis and associated officer certificates for the Company’s financial year ended September 30, 2020 (collectively, the “ Annual Filings ”) was revoked on February 8, 2022, and the common shares of the Company (the “ Shares ”) reinstated trading on the TSX Venture Exchange (the “ Exchange ”) on February 11, 2022.

Item 5 Full Description of Material Change

The CTO issued by the BCSC and the OSC on February 3, 2021 as a result of the Company’s failure to file the Annual Filings was revoked on February 8, 2022, and the Shares reinstated trading on the Exchange on February 11, 2022.

Item 6 Disclosure for Restructuring Transactions Not applicable. Item 7 Reliance on subsection 7.1(2) of National Instrument 51-102 Not applicable. Item 7 Omitted Information Not applicable.

Item 8 Executive Officer

The executive officer who is knowledgeable about this material change report is Brian J. Maher, President, Chief Executive Officer and a Director of the Issuer, available at 1-530913-4728.

Item 9 Date of Report

DATED this 17[th] day of February, 2022.