Completion of Convertible Loan Funding
Released
Released
Announcement PDF
ASX:VTX
1
ASX ANNOUNCEMENT 11 NOVEMBER 2026
Completion of Convertible Loan Funding
Vertex Minerals Limited (ASX:VTX or “Vertex” or the “Company”) announces that, with Vert
Capital Pty Ltd ACN 635 566 424 (“Vert Capital” or “Vert”) acting as lead manager, it has
completed its convertible loan funding announced on 7 September 2026.1
The Company raised the minimum A$2,800,000 consisting of:
• As approved on 30 October 2026 by the Company’s shareholders:
o A$2,101,000 invested by third party investors; and
o A$600,000 invested an entity related to Mr Bruce McInnes, the Company’s
Executive Chairman; and
• A$99,000 invested as an unsecured advance by an entity associated with Mr Roger
Jackson, the Company’s Executive Director.
The Company entered into a series of convertible loan agreements with sophisticated and
professional investors to raise an aggregate of A$2,701,000 loan funding. The convertible loan
agreements comprise loan funding from:
(a) unrelated sophisticated and professional investors, with an aggregate outstanding sum
of A$2,101,000 plus accrued interest; and
(b) an entity related to Mr Bruce McInnes, the Company’s Executive Chairman, for an
aggregate outstanding sum of A$600,000 plus accrued interest.
As Mr Jackson is a related party to the Company, the A$99,000 invested by his related entity is
presently an unsecured advance, with no interest accruing. The Company has not entered into a
convertible loan agreement with Mr Jackson’s related entity.
Any amendment to the terms and conditions of the A$99,000 unsecured advance with Mr
Jackson’s related entity, including conversion into the Company’s equity securities, is subject to
approval by the Company’s independent directors and the Company’s shareholders, in
accordance with the ASX Listing Rules. No securities can be issued to Mr Jackson’s related entity
in respect of its A$99,000 advance without prior shareholder approval under ASX Listing Rule
10.11.
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ASX: VTX announcement dated 7 September 2026 and titled “New Convertible Loan Funding - A$4.2M”
ASX:VTX
2
This announcement has been approved for release to the ASX by Directors of Vertex Minerals
Limited.
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
Tully Richards, Director
Follow Vertex Minerals on LinkedIn
Vertex Minerals Limited
ASX Code: VTX
ABN: 68 650 116 153
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