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The latest announcement is out from Viridis Mining and Minerals Limited ( (AU:VMM) ).
Viridis Mining and Minerals Limited has secured commitments to raise $3.5 million through a share placement to advance the Colossus Project, following a significant increase in its Mineral Resource Estimate. The funds will support critical development activities, including environmental approvals and pre-feasibility studies, positioning Viridis to enhance its industry role and engage with potential partners and financiers.
More about Viridis Mining and Minerals Limited
Viridis Mining and Minerals Limited operates within the mining industry, focusing on the exploration and development of rare earth elements. The company is known for its work on the Colossus Project, which involves extracting critical rare earth oxides.
YTD Price Performance: 19.70%
Average Trading Volume: 154,237
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$787.7K
Find detailed analytics on VMM stock on TipRanks’ Stock Analysis page.
