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Viridian Metals Inc ( (TSE:VRDN) ) just unveiled an update.
Viridian Metals Inc. has successfully closed the first tranche of its non-brokered private placement, raising approximately $591,543.68 through the issuance of flow-through shares and hard dollar units. The funds will support exploration activities at the company’s Labrador projects and general corporate purposes. Additionally, Viridian completed a vertical short-form amalgamation with its wholly-owned subsidiary to streamline operations and reduce costs, maintaining its name and stock listing.
More about Viridian Metals Inc
Viridian Metals Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects in Labrador, Canada, and is listed on the Canadian Securities Exchange under the symbol ‘VRDN’.
Average Trading Volume: 11,642
Technical Sentiment Signal: Strong Buy
Find detailed analytics on VRDN stock on TipRanks’ Stock Analysis page.