Australia's Vertex Minerals rises on negotiating new loan facilities

Vertex Minerals

10/03/2026 23:42

** Shares of Vertex Minerals VTX.AX rise as much as 7.1% to A$0.15, set for their best intraday trading session since February 27

** Stock snaps three straight sessions of losses

** Gold miner renegotiated loan facility agreement of A$3 mln ($2.13 mln)

** Co also negotiated a new loan facility agreement of A$1.5 mln

** Loan facilities to provide additional working capital headroom while co progresses underground development and continues to build steady gold production and sales from its Reward Gold Mine - co

** YTD, stock down 36.2%, including the day's moves

($1 = 1.4053 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))