Vertex Minerals Ltd. (AU:VTX) has released an update.
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Vertex Minerals Ltd. has successfully secured $5.1 million through a convertible loan facility, paving the way for the commencement of gold production at their Reward Gold Mine. This funding, strongly backed by existing shareholders, will support crucial infrastructure and mine development. The loan, convertible to shares at $0.17 each, reflects a strategic step towards enhancing Vertex’s gold processing capabilities.
For further insights into AU:VTX stock, check out TipRanks’ Stock Analysis page.
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