Vertex Resource Group Ltd. announced that it has issued 5,454,545 common shares at a price of CAD 0.055 per common share for gross proceeds of CAD 2,999,999.75 and issued secured promissory notes for gross proceeds of CAD 4,000,000; for total gross proceeds of CAD 6,999,999.75 on September 30, 2022. The promissory notes will bear interest rate of 4% and will be repaid by the company, in equal thirty-six monthly installments, anticipated to be, subject to adjustments, CAD 118,095.94 per month, commencing October 15, 2022.