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News & Resources
Vertex Resource Group Ltd. Reports Fourth Quarter and Fiscal 2021 Results
Mar 22, 2022
Sherwood Park, Alberta, March 22, 2022 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the fourth quarter and year ended December 31, 2021. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the audited consolidated financials statements of Vertex for the year ended December 31, 2021, which are available on SEDAR at www.sedar.com.
Vertex Closes $15,000,000 Convertible Debenture Financing
Mar 7, 2022
Sherwood Park, Alberta March 7, 2022 (TSXV: VTX) – Vertex Resource Group Ltd. (“Vertex” or the “Corporation”), with reference to its previous news release dated February 25, 2022, is pleased to announce that it closed the previously announced non-brokered private placement (the “Private Placement”) of $15,000,000 principal amount of a secured subordinated convertible debenture (“Convertible Debenture”). The completion of the Private Placement is a condition precedent to the proposed amalgamation with Cordy Oilfield Services Inc. (the “Amalgamation”) that was also announced in the Corporation’s prior news release dated February 24, 2022.
Vertex Signs Amalgamation Agreement With Cordy Oilfield Services And Announces Concurrent Financing
Feb 25, 2022
Sherwood Park, Alberta and Calgary, Alberta, February 25, 2022 (TSXV: VTX) – Vertex Resource Group Ltd. (“Vertex”) and Cordy Oilfield Services Inc. (TSXV: CKK) (“Cordy Oilfield”) are pleased to announce that they have entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) pursuant to which Vertex has agreed to acquire all of the issued and outstanding shares of Cordy Oilfield. The acquisition of Cordy Oilfield will increase the strength and service offerings of Vertex across its operations.
Vertex Resource Group Ltd. Reports Third Quarter 2021 Results
Nov 12, 2021
Achieved record adjusted EBITDA of $7.6 million in Q3 2021.
Sherwood Park, Alberta, November 12, 2021 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the three and nine months ending September 30, 2021. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the condensed consolidated interim financial statements of Vertex for three and nine months ended September 30, 2021, which are available on SEDAR at www.sedar.com.
Vertex Resource Group Ltd. Reports Second Quarter 2021 Results
Aug 10, 2021
Historically high second quarter Adjusted EBITDA ($7.5 million) and net earnings ($0.2 million).
Sherwood Park, Alberta, August 10, 2021 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the three and six months ending June 30, 2021. The following should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the condensed consolidated interim financials statements of Vertex for three and six months ended June 30, 2021, which are available on SEDAR at www.sedar.com.
Vertex Resource Group Ltd. Announces Release of Its 2020 ESG Report
Jun 8, 2021
Sherwood Park, Alberta, June 8, 2021 (TSXV: VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) is pleased to announce the release of its inaugural ESG report, as part of its ongoing corporate commitment to sustainability.
