Vertex Minerals Ltd Launches Share Purchase Plan
Key points
- Share Purchase Plan to raise up to A$2.5 million
- Issue price of $0.10 per share, 86.7% of 5-day VWAP
- Offer available to Australian and NZ shareholders as of 30 June 2026
Full summary
Vertex Minerals Ltd has announced a Share Purchase Plan to raise a target of A$2.5 million. The offer is available to eligible shareholders registered as of 30 June 2026, who can purchase shares at an issue price of $0.10 each, which is 86.7% of the 5-day volume-weighted average price (VWAP) before 1 July 2026. The plan aims to provide eligible shareholders with the opportunity to invest in the company as it moves towards commercial gold production in October 2026. The funds raised will be used for ongoing working capital and debt repayment.
Guidance
Vertex Minerals Ltd aims to raise up to A$2.5 million through the Share Purchase Plan.
Outlook
Vertex Minerals Ltd is moving towards commercial gold production in October 2026 and is evaluating opportunities for growth.
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