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The latest update is out from Vertex Minerals Ltd. ( (AU:VTX) ).
Vertex Minerals Limited has finalized its convertible loan financing arrangements, raising a total of $6.8M, with an additional $1.7M commitment and a potential $1.0M working capital from its major shareholder, pending approval. The funds will be used to complete gold plant infrastructure and mine development, positioning the company towards gold production and enhancing its operational capabilities in the gold mining industry.
More about Vertex Minerals Ltd.
Vertex Minerals Limited (ASX: VTX) is an Australian-based gold mining and exploration company focusing on the Hill End gold projects in Central West NSW. The company also manages the Pride of Elvire gold project and Taylor Rock gold/nickel/lithium project in WA, emphasizing environmentally sustainable and low-cost gold production methods.
YTD Price Performance: 52.38%
Average Trading Volume: 685,617
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$61.27M
Find detailed analytics on VTX stock on TipRanks’ Stock Analysis page.
