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Vertex Minerals Ltd. ( (AU:VTX) ) has issued an update.
Vertex Minerals Ltd., listed on the ASX under code VTX, has lodged an Appendix 3B detailing a proposed issue of options as part of a placement or other securities issue. The company plans to issue up to 1,873,950 options expiring 17 July 2026 (VTXOA) and a further 1,873,950 options expiring 17 July 2027 (VTXO), with a proposed issue date of 7 July 2026, signalling an intention to use options-based issuance to support its capital structure and provide additional leverage for investors. While financial terms are not disclosed, the move indicates ongoing capital management activities that may influence shareholder dilution, trading liquidity and the company’s capacity to fund future corporate or project initiatives.
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.
Average Trading Volume: 1,213,588
Technical Sentiment Signal: Buy
Current Market Cap: A$75.93M
For a thorough assessment of VTX stock, go to TipRanks’ Stock Analysis page.