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Vertex Minerals Ltd. ( (AU:VTX) ) just unveiled an announcement.
Vertex Minerals Limited has issued 49,631 new fully paid ordinary shares following the exercise of listed options at strike prices of A$0.15 and A$0.25 per share, respectively. The shares were issued without a prospectus under the Corporations Act’s cleansing provisions, with the company confirming it is up to date with its financial reporting and continuous disclosure obligations and stating there is no excluded information requiring disclosure, thereby maintaining regulatory compliance while modestly increasing its share capital base.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
More about Vertex Minerals Ltd.
Vertex Minerals Limited (ASX: VTX) is an Australian-listed resources company active in the minerals sector, with its capital structure including fully paid ordinary shares and listed options traded on the ASX.
Average Trading Volume: 1,250,216
Technical Sentiment Signal: Buy
Current Market Cap: A$73.06M
For an in-depth examination of VTX stock, go to TipRanks’ Overview page.