Vertex Resource Group extends and amends credit facilities

Canada NewsWire SHERWOOD PARK, AB , June 3, 2026 /CNW/ - (TSXV: VTX) - Vertex Resource Group Ltd. (" Vertex " or the "Company") is pleased to announce that is has amended and extended its credit facilities (the "Credit Facilities") with a syndicate of Canadian financial institutions. The principal amendments to the $66.7 million Credit Facilities included the following items: an extension of the maturity date from May 31, 2027 to May 31, 2028; and the syndicate term loan was increased by $5.0 million and the proceeds were used to reduce the revolving loan by $5.0 million. The Company's banking syndicate is led by RBC Bank Canada who serves as the sole Administrative Agent.  The syndicate also includes ATB Financial and National Bank of Canada.

ABOUT VERTEX Since 1962, Vertex has been a leading North American provider of environmental services. Headquartered in Sherwood Park, Alberta, Vertex employs a staff of approximately 1,000 employees and lease operators that provide services to help clients achieve their developmental and operational goals. From initial site selection, consultation and regulatory approval, through construction, operation and maintenance, to conclusion and environmental cleanup, Vertex provides a wide array of services to customers operating in industries such as energy, mining, utilities, private development, public infrastructure, construction, telecommunications, forestry, agriculture and government.

Vertex principally operates in Canada with select locations in the United States. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This Press Release contains forward-looking statements and information ("forward-looking statements") within the meaning of applicable Canadian securities laws.

The forward-looking statements contained in this Press Release are based on the expectations, estimates and projections of management of Vertex as of the date of this Press Release unless otherwise stated. The use of any of the words "believe", "expect", "anticipate", "contemplate", "target", "plan", "outlook", "potential", "estimated", "intends", "continue", "may", "will", "should" and similar expressions are intended to identify forward-looking statements. More particularly and without limitation, this Press Release contains forward-looking statements concerning anticipated financial performance; the outlook for 2026; the Company's ability to grow profitably; sufficiency of working capital; and with respect to Vertex's ability to meet evolving customer demands.

Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to the risks associated with the industries in which Vertex operates in general, such as: Ability to access sufficient capital from internal and external sources Ability to market to new customers Ability to obtain equipment in a timely and cost-efficient manner Ability to secure work Adjustments and cancellations of backlog Changes in legislation, including but not limited to tax laws and environmental regulations Collection of recognized revenue Commodity price, interest rate and exchange rate fluctuations Competition, ethics, and reputational risks Compliance with environmental laws risks Cyber-security risks Economy and cyclicality Geopolitical risks Global pandemics Health, safety and environmental risks Industry and inherent project delivery risks Insurance risk Joint venture risk Labour matters Litigation risk Loss of key management; ability to hire and retain qualified and capable personnel Maintaining safe worksites Operational risks Potential for non-payment and credit risk and ongoing financing availability Third party credit risk Unforeseen weather conditions Unanticipated shutdowns, work stoppages, and lockouts Volatility of market trading  Readers are cautioned that the foregoing list of factors is not exhaustive.

Additional information on other factors that could affect the operations or financial results of the parties, and the combined company are included in reports on file with applicable securities regulatory authorities, including but not limited to: Annual Information Form for the year ended December 31, 2025, which may be accessed on Vertex's SEDAR+ profile at www.sedarplus.ca . The forward-looking statements contained in this Press Release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as, and to the extent required by applicable securities laws. SOURCE Vertex Resource Group Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2026/03/c4402.html Canada Newswire June 3, 2026 - 3:30 PM PDT News by QuoteMedia www.quotemedia.com