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Vertex Resource Group said it intends to enter a subordinated credit arrangement for a loan of up to C$7 million. The proposed financing carries 15% annual interest and remains subject to definitive documentation and TSXV acceptance.
Vertex Resource Group said it intends to enter a subordinated credit arrangement for a loan of up to C$7 million. The company said proceeds would be used for working capital and general liquidity, subject to documentation and TSXV acceptance.