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Viridis Mining Issues New Shares to Bolster Capital

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  • Viridis Mining operates in the mining industry with mineral exploration focus.
  • The company issued over nine million shares to raise capital, aligning with corporate compliance.
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Viridis Mining Issues New Shares to Bolster Capital

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An announcement from Viridis Mining and Minerals Limited ( (AU:VMM) ) is now available.

Viridis Mining and Minerals Limited announced the issuance of 9,108,445 fully paid ordinary shares as part of its latest capital raising effort. This move, conducted without disclosure to investors by relying on specific provisions of the Corporations Act 2001, reflects the company’s compliance with corporate regulations, potentially enhancing its financial position and market operations.

More about Viridis Mining and Minerals Limited

Viridis Mining and Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary products are minerals and they are listed on the Australian Securities Exchange (ASX) under the ticker VMM.

Average Trading Volume: 170,326

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$787.7K

See more insights into VMM stock on TipRanks’ Stock Analysis page.

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