Share Purchase Plan Completion
Released
Released
Announcement PDF
1
ASX ANNOUNCEMENT 3 AUGUST 2026 ASX:VTX
By Electronic Lodgement
SHARE PURCHASE PLAN COMPLETION
Vertex Minerals Limited (ABN 68 650 116 153) (Company) is pleased to announce the results of its Share
Purchase Plan (Plan), which closed at 5:00pm AEST on 27 July 2026.
In accordance with the terms of the Plan, eligible shareholders who held shares in the Company at 5:00pm
AEST on 30 June 2026 (Record Date) were offered the opportunity to apply for up to $30,000 worth of fully
paid ordinary shares (New Shares) at an issue price of $0.10 per share.
The Plan received strong support from eligible shareholders with a total of $858,000 being raised from
individual shareholders who participated in the Plan. The average application amount was approximately
$10,500, and this is further encouragement of the strong level of interest in the Company by our retail
shareholder base.
Vertex’s Chairman, Bruce McInnes, commented: “This is a strong result, particularly in the current volatile
market environment, and I would like to thank shareholders for their support. The proceeds from the Plan
provide the Company with funding to meet its working capital and debt obligations and more importantly
give a platform for the Company to build its capital base, particularly as it moves towards production.
Participants will receive the full value of their application, with a total of 8,580,000 New Shares to be issued
under the Plan. The New Shares are issued today and will rank equally with Vertex’s existing fully paid
ordinary shares.
For Plan participants who already have online access, details of the New Shares are available online at
https://investor.automic.com.au/. Holding statements will be despatched on 4 August 2026 to the remaining
Plan participants.
Shareholders with questions concerning the Plan should contact the Company Secretary, Ian Morgan
(Ian.Morgan@vertexminerals.com.au).
About the Reward Gold Mine
Vertex’s flagship asset is the 100% owned Reward Gold Mine, located within the historic Hill End
goldfield in the Central West of New South Wales. The Company has commenced gold processing at
Reward using a gravity gold plant that is achieving a strong recovery rate of 95% and continues to
advance underground development works designed to support the Company’s ongoing production
ramp-up.
• Mineral Resource Estimate (Reward, Hill End):
419,000t at 16.72 g/t Au for 225,200 oz Au (cut-off 4 g/t).
Of which Indicated: 141,000t at 15.54 g/t Au for 70,500 oz.
Of which Inferred: 278,000t at 17.28 g/t Au for 154,700 oz
• Global Mineral Resource (all projects):
482 koz Au at 8.7 g/t (Indicated 187 koz; Inferred 296 koz).
The information in this announcement that relates to Mineral Resources is extracted from the
Company’s ASX Announcement dated 21 June 2023 titled “Resource Upgrade 225,200oz at
16.72g/t Au for the Reward”.
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JORC Compliance Statement
Wherestatementsinthisannouncementrefertoexplorationresultswhichpreviouslybeenreported,
the Company confirms that it is not aware of any new information or data that materially affects the
information included in the original announcements, and in the case of estimates of Mineral
Resources, that all material assumptions and technical parameters underpinning the estimates in
the relevant market announcements continue to apply and have not materially changed. The
Company confirms that the form and context in which the Competent Persons’ findings are
presented have not materially modified from the original market announcements.
This announcement has been approved by Directors.
Further Information:
Telephone +61 2 7229 4849 or by email at
info@vertexminerals.com.au.
Bruce McInnes, Executive Chairman
Roger Jackson, Executive Director
Jim Simpson, Executive Director Operations
Tully Richards, Director
Follow Vertex Minerals on LinkedIn
Vertex Minerals Limited
ASX Code: VTX
ABN: 68 650 116 153
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