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Vertex Minerals Ltd. ( (AU:VTX) ) has issued an announcement.
Vertex Minerals Limited has issued 15,191,877 new fully paid ordinary shares as part of a loan conversion process, with shares priced at A$0.17 and A$0.21. This move is part of the company’s compliance with the Corporations Act, indicating its adherence to regulatory requirements and potentially strengthening its financial position by converting debt into equity.
More about Vertex Minerals Ltd.
Average Trading Volume: 822,265
Technical Sentiment Signal: Buy
Current Market Cap: A$53.28M
Learn more about VTX stock on TipRanks’ Stock Analysis page.