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How Will Vertex Minerals’ $4.5M Loan Boost Reward Gold Mine’s Growth?

9:32am on Wednesday 11th of March, 2026 AEDT Mining
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How Will Vertex Minerals’ $4.5M Loan Boost Reward Gold Mine’s Growth?

9:32am on Wednesday 11th of March, 2026 AEDT
Key Points
  • Renegotiated existing $3 million loan facility with extended term and increased interest
  • Secured new $1.5 million loan facility with similar terms
  • Lenders may receive interest and fees in cash or company options, subject to shareholder approval
  • Loans secured by specific tenements and potential general security deed
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