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Vertex Minerals Ltd. ( (AU:VTX) ) just unveiled an update.
Vertex Minerals Ltd has lodged an Appendix 3B with the ASX outlining a proposed placement or similar issue of up to 10 million options, comprising a maximum of 5 million VTXO options expiring 17 July 2027 and 5 million VTXOA options expiring 17 July 2026, with a proposed issue date of 7 July 2026. The planned issuance is intended to expand the company’s quoted securities on market and, if completed, would potentially provide additional funding flexibility and leverage to future share price performance for both the company and participating investors.
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 Ltd is an Australia-listed resources company focused on mineral exploration and development, with its shares trading on the ASX under the code VTX. The company typically funds its exploration and project activities through equity market placements and the issuance of listed options to investors.
Average Trading Volume: 1,213,588
Technical Sentiment Signal: Buy
Current Market Cap: A$75.93M
For detailed information about VTX stock, go to TipRanks’ Stock Analysis page.