Viridian Metals Wins Maximum JEA Grant and Switches to Semi-Annual Reporting

Viridian Metals Inc ( (TSE:VRDN) ) has provided an announcement.

Viridian Metals Inc., a critical metals explorer listed on the CSE, has secured the maximum $225,000 available under Newfoundland and Labrador’s Junior Exploration Assistance program for its 2025 cycle, marking its third consecutive top-tier award. The non-dilutive funding backed its 2025 field program at the Sedna Project in Labrador and will support an application for work at the Kraken Project, reinforcing Viridian’s district-scale strategy targeting large mineral systems across its Labrador portfolio.

The company also announced it is shifting from quarterly to semi-annual financial reporting under Coordinated Blanket Order 51-933, meaning it will no longer file first- and third-quarter interim reports and MD&A but will maintain audited annual statements and six-month interim reports. By combining steady government-backed exploration funding with a streamlined reporting regime designed for smaller venture issuers, Viridian aims to conserve capital, advance multiple early-stage projects in parallel and sharpen its focus on defining large-scale mineral resources for the critical metals supply chain.

More about Viridian Metals Inc

Viridian Metals Inc. is a Canadian generative metals exploration company focused on discovering new critical metals deposits, primarily copper, nickel and cobalt, with an emphasis on environmental responsibility and ethical practices. The company deploys innovative technologies to advance large-scale mineral systems in underexplored jurisdictions that aim to support the global energy transition, while cultivating partnerships with local and international stakeholders.

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