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Vertex Minerals Ltd. ( (AU:VTX) ) has provided an announcement.
Vertex Minerals Ltd. has announced a Share Purchase Plan (SPP) following a successful placement of shares to sophisticated, institutional, and professional investors, raising $7.5 million. The SPP allows eligible shareholders in Australia and New Zealand to purchase up to $20,000 worth of shares at a discounted price of $0.21 per share, matching the price offered in the placement. This initiative aims to raise an additional $1 million, enhancing shareholder participation in the company’s capital raising efforts.
More about Vertex Minerals Ltd.
Vertex Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and processing of minerals, catering to both domestic and international markets.
Average Trading Volume: 547,230
Technical Sentiment Signal: Buy
Current Market Cap: A$47.14M
Find detailed analytics on VTX stock on TipRanks’ Stock Analysis page.