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Viridis Mining Issues New Shares in Strategic Move

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Viridis Mining Issues New Shares in Strategic Move

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

Viridis Mining and Minerals Limited has issued 8,383,438 fully paid ordinary shares as part of a previously announced transaction. This issuance was conducted without disclosure to investors, relying on specific provisions of the Corporations Act 2001, and the company has confirmed compliance with relevant legal requirements. This move is part of the company’s strategic operations and may impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 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 listed on the Australian Securities Exchange (ASX) under the ticker VMM.

Average Trading Volume: 896,479

Technical Sentiment Signal: Buy

Current Market Cap: A$128.8M

For detailed information about VMM stock, go to TipRanks’ Stock Analysis page.

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