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Northern Vertex repays debenture without dilution

Company strengthens balance sheet, avoids dilution

Staff reporter
Northern Vertex Mining's Moss mine in Arizona, USA

Northern Vertex Mining's Moss mine in Arizona, USA

The debenture was convertible into stock at a price of C30c per share. However, Greenstone agreed to waive its conversion right for an additional $2 million cash payment, to minimise dilution to Northern...

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