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Viridis Mining Announces Proposed Securities Issue

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Viridis Mining Announces Proposed Securities Issue

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

Viridis Mining and Minerals Limited has announced a proposed issue of 8,325,008 ordinary fully paid securities, with the issue date set for July 27, 2026. This strategic move is expected to enhance the company’s capital structure, potentially impacting its operational capabilities and market positioning within the mining sector.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$1.45 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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction and production of various minerals, catering to market demands for raw materials.

Average Trading Volume: 536,915

Technical Sentiment Signal: Buy

Current Market Cap: A$86.22M

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

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