Viridis issues 5 million consideration shares under cleansing notice

Viridis Mining and Minerals Limited ( (AU:VMM) ) just unveiled an announcement.

Viridis Mining and Minerals Limited has issued 5,000,000 fully paid ordinary shares as consideration shares, following shareholder approval granted at its November 2025 annual general meeting. The new shares form part of the company’s existing quoted class on the ASX and were issued without a prospectus, relying on disclosure exemptions under the Corporations Act.

The company stated it is up to date with its financial reporting and continuous disclosure obligations and confirmed there is no excluded information relevant to the new issuance under the Corporations Act provisions. This cleansing notice reassures investors that the additional shares can freely trade on the market and that the company remains compliant with Australian corporate and securities regulation.

The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.

More about Viridis Mining and Minerals Limited

Viridis Mining and Minerals Limited is an Australian-listed resources company focused on mining and minerals exploration. Its fully paid ordinary shares are quoted on the Australian Securities Exchange under the ticker VMM, providing investors exposure to the mining and minerals sector through an ASX-listed vehicle.

Average Trading Volume: 1,072,671

Technical Sentiment Signal: Buy

Current Market Cap: A$239.6M

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