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How Will Vertex Minerals’ A$9M Convertible Loan Fuel Reward Gold Mine Growth?

9:52am on Wednesday 25th of March, 2026 AEDT Mining
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How Will Vertex Minerals’ A$9M Convertible Loan Fuel Reward Gold Mine Growth?

9:52am on Wednesday 25th of March, 2026 AEDT
Key Points
  • A$9 million raised via convertible loans in two tranches
  • Conversion into shares at lower of A$0.14 or 5-day VWAP price
  • Attaching options issued on conversion with exercise price of A$0.15
  • Funds targeted to advance underground gold production at Reward Gold Mine
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