• Renegotiated $3M existing loan with extended 10-month term
• Secured $1.5M new loan with 10-month term
• Loans provide additional working capital for Reward Gold Mine development

Vertex Minerals Limited (ASX:VTX) has renegotiated an existing $3 million loan facility and secured a new $1.5 million loan facility to provide additional working capital as the company progresses underground development and continues to build steady gold production and sales from its Reward Gold Mine. The renegotiated $3 million loan facility has a 10-month term, up from the previous 7-month term, and the interest rate has increased from approximately 13.71% per annum to 14.40% per annum. The new $1.5 million loan facility also has a 10-month term and an interest rate of 14.40% per annum. Both loan facilities provide the company with more flexibility and runway to execute its operational plans. Vertex expects to repay the loan facilities from positive operating cash flow in CY2026, subject to operational performance and gold sales. The company's flagship Reward Gold Mine has a global mineral resource estimate of 419,000 tonnes at 16.72 g/t gold for 225,200 ounces.

Vertex expects to repay the loan facilities from positive operating cash flow in CY2026, subject to operational performance and gold sales.