VERTEX MINERALS LIMITED (VTX)

The suspension of trading in the securities of Vertex Minerals Limited will be lifted immediately following the release by VTX of an announcement regarding a capital raising.

The company releases a notice of proposed issue of securities.

Vertex is undertaking an underwritten non-renounceable entitlements issue to raise approximately $3.68 million. $0.4 million of acceptances under the Entitlement Offer have already been committed by substantial shareholders in the form of convertible short-term loan funding. A further $1.8 million has been underwritten by CPS Capital. Funds raised from the Entitlement Offer will primarily be used to fund the mobilisation, refurbishment, and installation of the recently purchased Gekko Gravity gold plant and advance steps to production of gold from the Reward high-grade underground gold mine. Three (3) shares will be offered for every five (5) shares owned on the record date at a cost of $0.08 per share. One (1) free attaching option will be issued for every 3 shares subscribed for. The Attaching Options will have an exercise price of 15c per share and an expiry of 17/07/2027. The Entitlement Offer will comprise the issue of up to 46 million new shares at an offer price of $0.8 per New Shares per new share, which represents a 12.1% discount to the last traded price of shares of $0.091 on 11 March 2024. The Reward Gold Mine is well-placed for a simple start-up.

Further to the Company's trading halt request dated 11 March 2024 in relation to a proposed capital-raising, the Company is not in a position to make an announcement at this time. The Company requests that the voluntary suspension remains in place until the earlier of Tuesday, 19 March 2024 or when the announcement regarding the proposed capitalraising can be made.

The company lodges its Half Yearly Report and Accounts.

The securities of Vertex Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VTX, pending the release of an announcement regarding a proposed capital-raising.

The following Options of Vertex Minerals Limited will be reinstated to quotation from the commencement of trading on 20 July 2023: VTXOA.

The following Options of Vertex Minerals Limited will be suspended immediately under Listing Rule 17.3 pending confirmation of the conditions of quotation for VTXOA

The suspension of trading in the securities of Vertex Minerals Limited will be lifted immediately following the release by VTX of an announcement regarding a proposed capital-raising.

The company releases a notice of proposed issue of securities.

The company releases an entitlement issue prospectus for a pro-rata non-renounceable entitlement issue of one (1) Share for every three (3) Shares held by those Shareholders registered at the Record Date at an issue price of $0.10 per Share together with one (1) free New Options for every two (2) Shares applied for and issued to raise up to $1,668,333.30 based on the number of Shares on issue as at the date of this Prospectus). This Offer is fully underwritten by CPS Capital Group Pty Ltd. CPS Capital is also acting as Lead Manager to the Offer. This Prospectus contains an offer of 3,000,000 Options to the Underwriter and an offer of 2,000,000 Options to the Lead Manager.

1 for 3 Non-Renounceable Offer to raise $1,668,333 (before costs). Attractively priced at $0.10 per Share with a 1 for 2 free attaching option. Offer fully underwritten by CPS Capital.

The securities of Vertex Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VTX, pending the release of an announcement regarding a proposed capital-raising.

The company releases its Investor Presentation Materials and Chairman's Welcome.

listed entity carried for record purposes only