Recent Insider Transactions Derivative • May 09
Independent Non-Executive Director exercised options to buy AU$528k worth of stock. On the 7th of May, Jose Carlos Rosado exercised options to buy 200k shares at a strike price of around AU$2.00, costing a total of AU$400k. As of today, Jose Carlos currently holds no shares directly. Company insiders have collectively bought AU$480k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Apr 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (AU$500 revenue, or US$358). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Recent Insider Transactions Derivative • Apr 14
Independent Non-Executive Director exercised options to buy AU$402k worth of stock. On the 10th of April, Timothy Harrison exercised options to buy 200k shares at a strike price of around AU$0.40, costing a total of AU$80k. This transaction amounted to 400% of their direct individual holding at the time of the trade. Since June 2025, Timothy has owned 50.00k shares directly. This was the only transaction from an insider over the last 12 months. Breakeven Date Change • Apr 07
Forecast breakeven date pushed back to 2028 The 2 analysts covering Viridis Mining and Minerals previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of AU$23.2m in 2028. Average annual earnings growth of 35% is required to achieve expected profit on schedule. 공시 • Mar 26
Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 25.000001 million. Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 25.000001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,157,895
Price\Range: AUD 1.9
Discount Per Security: AUD 0.114
Transaction Features: Subsequent Direct Listing 공시 • Mar 18
Viridis Mining and Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 25.000001 million. Viridis Mining and Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 25.000001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,157,895
Price\Range: AUD 1.9
Discount Per Security: AUD 0.114
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
Less than half of directors are independent Following Director Marcus Silberman's arrival on 01 February 2026, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Jose Carlos Rosado was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Jan 31
Forecast breakeven date moved forward to 2027 The 2 analysts covering Viridis Mining and Minerals previously expected the company to break even in 2028. New consensus forecast suggests the company will make a profit of AU$11.2m in 2027. Average annual earnings growth of 97% is required to achieve expected profit on schedule. Price Target Changed • Nov 12
Price target increased by 21% to AU$3.13 Up from AU$2.58, the current price target is an average from 2 analysts. New target price is 116% above last closing price of AU$1.45. Stock is up 207% over the past year. The company is forecast to post a net loss per share of AU$0.067 next year compared to a net loss per share of AU$0.036 last year. New Risk • Oct 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$135.8m market cap, or US$89.1m). 공시 • Oct 24
Viridis Mining and Minerals Limited, Annual General Meeting, Nov 24, 2025 Viridis Mining and Minerals Limited, Annual General Meeting, Nov 24, 2025. Location: at boorloo room, ground floor, 108 st georges terrace, perth wa 6000, Australia 공시 • Sep 01
Viridis Mining and Minerals Limited Announces Chief Financial Officer Changes, Effective September 15, 2025 Viridis Mining and Minerals Ltd. announced the appointment of Mr. John Tasovac as Chief Financial Officer, replacing Mr. Michael Melamed with effect from 15 September 2025. Mr. Tasovac is a Chartered Accountant and brings more than 30 years of financial leadership across the global mining industry, with a strong track record in advancing resource projects from development through to successful production. His appointment bolsters Viridis' executive capability at a pivotal time as the Company accelerates towards Final Investment Decision and into project execution. Prior to joining Viridis, Mr. Tasovac served as CFO of several ASX-listed companies, including Argosy Minerals Ltd, Red 5 Ltd, and Asian Mineral Resources Ltd. At Red 5 Ltd, he was instrumental in transforming the company into a billion-dollar Australian gold producer, overseeing the financing, development, and ramp-up of the 5.5 Mtpa King of the Hills Gold Mine in Western Australia between 2017 and 2022. Mr. Tasovac also brings significant international experience from his tenure with Xstrata in South America, where he served as General Manager Commercial and oversaw the execution of US$7 billion in major copper developments, including the Antapaccay and Las Bambas projects in Peru. This depth of expertise in large-scale project delivery, corporate governance, and financial strategy, combined with more than a decade of on-the- ground operational experience in South America, positions him to play a pivotal role as Viridis advances the Colossus Project and transitions from a developer into a producer. Price Target Changed • Jul 11
Price target increased by 18% to AU$1.15 Up from AU$0.97, the current price target is an average from 2 analysts. New target price is 90% above last closing price of AU$0.60. Stock is down 34% over the past year. The company is forecast to post a net loss per share of AU$0.073 next year compared to a net loss per share of AU$0.17 last year. Breakeven Date Change • Jun 30
Forecast to breakeven in 2028 The 2 analysts covering Viridis Mining and Minerals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$22.2m in 2028. Average annual earnings growth of 37% is required to achieve expected profit on schedule. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$30.2m market cap, or US$19.6m). New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$24.3m market cap, or US$15.5m). 공시 • Apr 11
Viridis Mining and Minerals Ltd. Announces New Rare Earth Element Export Control List Viridis Mining and Minerals Limited announced that China's Ministry of Commerce and the General Administration of Customs under Article 12 of the Export Control Law, have tightened control over global rare earth supply by introduction of new export restrictions set to disrupt industries dependent on critical REEs. China's Ministry of Commerce will place seven medium and heavy rare earths on an export control list: Dysprosium (Dy), Terbium (Tb), Samarium (Sm), Gadolinium (Gd), Lutetium (Lu), Yttrium (Y), Scandium (Sc). The Colossus Resource comprises the highest grades of Dysprosium and Terbium within Measured and Indicated categories for an Ionic Adsorption Clay ('IAC') REE project globally, and as one of only a handful of advanced projects capable of delivering strong economics and ESG performance at today's subdued rare earth prices, Viridis is uniquely positioned to help address critical supply chain vulnerabilities. The Colossus Scoping Study has outlined the Project's potential to produce 146 tonnes per annum of Dysprosium andTerbium during Phase I (Years 1 - 5) and scale up to an exceptional 156 tonnes per annum of Dys Prosium and Terbium during Phase II (Years 6 - 10). According to Project Blue Consulting's forecast (pricing data within Scoping Study), the 2028 demand for these two heavy rare earths is anticipated to be 2,565 tonnes, allowing Colossus to capture 6% of the total market for Dysprosium and Terssium, which are under export controls. The new export control laws place further importance on the strategic nature of the Colossus IAC Project and demonstrate the potential for the Project to be the most significant disruptor of the near monopolised control over Dysprosium and TerBium global supply. Samarium (Sm), Gadolium (Gd), and Yttrium (Y) are essential to critical sectors such as aerospace, defence, medical imaging, nuclear energy, and electronics. Sm is used in high-performance magnets, Gd in MRI contrast agents and nuclear reactors, and Y in LEDs, lasers, and advanced ceramics. Col col col colgate is uniquely positioned at the convergence of scale, grade, and timing. In a market shaken by China's tightening of supply, heavy rare earth-enriched project stands out globally not just for its sheer size and quality but because it is rapidly advancing toward production with economics that remain robust even at today's rare earth prices. Since releasing Scoping Study and showcasing the outstanding project economics, the level of interest the company's received from across the rare earth value chain to secure offtake has been remarkable. This strong engagement has not only validated the strategic importance of the company but has also catalysed inbound approaches for project funding aligned with the growing push by countries and jurisdictions to secure long-term access to critical minerals. At a time when rare earth prices remain subdued, there are only a couple of projects globally attracting this kind of commercial and strategic attention. The momentum the company are experiencing reinforces Colossus as a globally significant and highly strategic asset in the rare earths space, and the company remain committed to building a sustainable, ethical, and high-impact business that can support the global energy transition and secure defence and technological sovereignty. Recent Insider Transactions Derivative • Jan 18
Executive Chairman of the Board exercised options to buy AU$200k worth of stock. On the 16th of January, Agha Pervez exercised options to buy 500k shares at a strike price of around AU$0.30, costing a total of AU$150k. This transaction amounted to 13% of their direct individual holding at the time of the trade. Since March 2024, Agha's direct individual holding has increased from 991.78k shares to 3.88m. Company insiders have collectively bought AU$183k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$41k revenue, or US$25k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$19m net loss in 3 years). Market cap is less than US$100m (AU$28.7m market cap, or US$17.9m). 공시 • Dec 05
Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,980,000
Price\Range: AUD 0.52
Discount Per Security: AUD 0.0312
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,712,308
Price\Range: AUD 0.52
Transaction Features: Subsequent Direct Listing 공시 • Oct 31
Viridis Mining and Minerals Limited, Annual General Meeting, Nov 29, 2024 Viridis Mining and Minerals Limited, Annual General Meeting, Nov 29, 2024. Location: level 4, 88 william street perth wa 6000, Australia New Risk • Sep 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$13m free cash flow). Revenue is less than US$1m (AU$87k revenue, or US$59k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$19m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (44% increase in shares outstanding). Market cap is less than US$100m (AU$43.5m market cap, or US$29.6m). 공시 • Apr 23
Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million. Viridis Mining and Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,400,000
Price\Range: AUD 1.25
Discount Per Security: AUD 0.075
Transaction Features: Subsequent Direct Listing 공시 • Mar 15
Viridis Mining and Minerals Limited, Annual General Meeting, Apr 16, 2024 Viridis Mining and Minerals Limited, Annual General Meeting, Apr 16, 2024, at 10:30 W. Australia Standard Time. Location: Parmelia Hilton Perth, 14 Mill Street, Perth WA 6000 Perth WA 6000 Australia Agenda: To discuss ratification of prior issue of placement shares-LISTING RULE 7.1; to discuss creation of new class of securities; to approval to issue minas performance right in consideration for January acquisition; and to discuss other matters. New Risk • Feb 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$60.2m market cap, or US$39.1m). 공시 • Feb 05
Viridis Mining and Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5 million. Viridis Mining and Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,993,478
Price\Range: AUD 1.15
Discount Per Security: AUD 0.069
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 919,565
Price\Range: AUD 1.15
Discount Per Security: AUD 0.069
Transaction Features: Subsequent Direct Listing 공시 • Nov 25
Viridis Mining and Minerals Ltd Appoints Rafael Moreno as Chief Executive Officer, Effective 15 January 2024 Viridis Mining and Minerals Ltd. advised it has strengthened its executive team through a key appointment of Mr. Rafael Moreno as Chief Executive Officer, effective 15 January 2024. Key Appointment Rafael Moreno Mr. Moreno is a seasoned operational executive with 20-years’ international experience within mining and petrochemical industries, across different types of projects and throughout their full lifecycle. Mr. Moreno has held senior leadership roles with Santos and INPEX, including working on the Barossa (~USD 6 billion) and Ichthys (~USD 45 billion) Projects, and has extensive knowledge in project delivery, supply and commercial agreements, financially responsible for budgets over USD 2 billion and leading execution teams all over the world. Mr. Moreno is currently employed as Chief Operating Officer responsible for leadership of project execution and operations for lithium projects in Argentina and Nevada, USA. In this capacity, he is involved in marketing and investor road show engagements and offtake and finance negotiations with strategic partners. Mr. Moreno’s academic qualifications include a Bachelor of Engineering (Chemical) degree upon which he received First Class Honours and a Bacher of Science (Applied Chemistry) degree, both of which he received at Curtin University. 공시 • Oct 10
Viridis Mining and Minerals Limited, Annual General Meeting, Nov 28, 2023 Viridis Mining and Minerals Limited, Annual General Meeting, Nov 28, 2023. New Risk • Sep 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m (AU$21k revenue, or US$13k). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$39.4m market cap, or US$25.4m). New Risk • Sep 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$44.8m market cap, or US$28.8m). 공시 • Sep 15
Viridis Mining and Minerals Limited (ASX:VMM) completed the acquisition of Colossus Project from Varginha Mineração Ltda, Fertimax Fertilizantes Orgânicos Ltda, Mineração Santa Carolina Ltda, Reynaldo Guazzelli Filho and Alumina Minérios Em Geral Ltda and Minas Rio Mineradora Ltda . Viridis Mining and Minerals Limited (ASX:VMM) entered into a binding agreement to acquire 100% stake in Colossus Project from Varginha Mineração Ltda, Fertimax Fertilizantes Orgânicos Ltda, Mineração Santa Carolina Ltda, Reynaldo Guazzelli Filho and Alumina Minérios Em Geral Ltda and Minas Rio Mineradora Ltda for $2.8 million on August 1, 2023. Based on the terms and conditions Viridis will pay a non-refundable cash payment of $1 million upon settlement of the acquisition, cash payment of $1 million within 5 business days of the six month anniversary of the settlement date payment and Viridis has agreed, subject to shareholder approval, to issue up to 5,000,000 performance rights upon settlement of the acquisition. This transaction is subject to approval of all necessary regulatory, shareholder and third-party approvals. As of Septmber 12, 2023, Viridis Mining and Minerals Limited shareholders approved the transaction.Viridis Mining and Minerals Limited (ASX:VMM) completed the acquisition of Colossus Project from Varginha Mineração Ltda, Fertimax Fertilizantes Orgânicos Ltda, Mineração Santa Carolina Ltda, Reynaldo Guazzelli Filho and Alumina Minérios Em Geral Ltda and Minas Rio Mineradora Ltda on September 13, 2023. 공시 • Aug 23
Viridis Mining and Minerals Ltd Appoints Jose Marques Braga Junior as in Country Executive Director for Colossus Project Viridis Mining and Minerals Ltd. to appoint an experienced Brazilian mining executive team to advance exploration at the Colossus Rare Earth Project. Dr. Jose Marques Braga Junior, a former CBMM Principal Geologist, has been appointed as in-country Executive Director of its' newly established Brazilian team. Dr. Braga oversaw and managed CBMM's full suite of geological activities including prospecting, metallurgy, modelling, mining, and administrative rights. Dr. Braga has significant experience in Rare Earth and Niobium through his 12-year tenure with CBMM. He has authored multiple scholarly publications on alkaline-hosted Nb, REE, P deposits, saprolite and weathered ores in Brazil. The appointment will be effective immediately, allowing the company to progress its drill planning and metallurgical studies at Colossus rapidly. Dr. Braga has numerous publications specialising in Brazil's weathered ores, saprolite profiles and alkaline complexes. Dr. Braga holds a Degree in Geological Engineering from Universidade Federal de Ouro Preto, a Master's Degree in Mining Engineering, PhD in Geology from the Federal University of Paraná, and he is a registered member of AusIMM with qualifications for mineral exploration and evaluation of supergene deposits of REE, Nb, P, Ba and Fe. 공시 • Aug 02
Viridis Mining and Minerals Limited (ASX:VMM) entered into a binding agreement to acquire 100% stake in Colossus Project from Varginha Mineração Ltda, Fertimax Fertilizantes Orgânicos Ltda, Mineração Santa Carolina Ltda, Reynaldo Guazzelli Filho and Alumina Minérios Em Geral Ltda and Minas Rio Mineradora Ltda for for $2.8 million. Viridis Mining and Minerals Limited (ASX:VMM) entered into a binding agreement to acquire 100% stake in Colossus Project from Varginha Mineração Ltda, Fertimax Fertilizantes Orgânicos Ltda, Mineração Santa Carolina Ltda, Reynaldo Guazzelli Filho and Alumina Minérios Em Geral Ltda and Minas Rio Mineradora Ltda for $2.8 million on August 1, 2023. Based on the terms and conditions Viridis will pay a non-refundable cash payment of $1 million upon settlement of the acquisition, cash payment of $1 million within 5 business days of the six month anniversary of the settlement date payment and Viridis has agreed, subject to shareholder approval, to issue up to 5,000,000 performance rights upon settlement of the acquisition. This transaction is subject to approval of all necessary regulatory, shareholder and third-party approvals. New Risk • Aug 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 36% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$17.0m market cap, or US$11.2m). Board Change • Mar 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman of the Board Agha Pervez is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 28
Viridis Mining and Minerals Limited Intercepts of High-Grade Kaolinite At Poochera Viridis Mining and Minerals Limited provided an update to the market on initial laboratory results from the maiden aircore drilling program at the Poochera Project located on the Eyre Peninsula in South Australia. The Poochera Project comprises one 100% owned exploration licence (EL6733), which covers an area of 329km2 in the Eyre Peninsula of South Australia. Viridis completed a 55-hole drill program at Poochera for a total of 1,686m in October 2022, with composite samples sent to Bureau Veritas (Adelaide) and other specialised laboratories An initial batch of 13 samples was sent to the James Hutton Institute in Scotland, a well- respected and globally recognised institution offering high-quality mineral analysis for kaolinite and halloysite identification and qualification. The current testing was on selected samples collected at five or ten metre spacing over three separated drillholes. The three drillholes sampled extend over a distance of four kilometres in total apart. These were sub- sampled by spearing while drilling was still progressing to enable faster availably of results. After standard wet sieving to minus 45 micron the kaolin clay was subjected to quantitative mineral analyses by X-ray powder diffraction (XRPD) patterns with normalised full pattern reference intensity ratio (RIR) method used. The James Hutton Institute also used a Minolta CM2600d Colour Spectrophotometer for the objective quantification of colour by measuring spectral reflectance under standard illuminant D65 (average daylight conditions). The percentage of material <45µm ranged from about 21 to just over 60%. XRPD analysis showed that the fine fraction of all thirteen samples is dominated by kaolinite with excellent 76.7 to 97.8 wt.%. The depth interval between samples was approximately five metres for drillhole VM22-008 and VM22-017 and 10 metres for drillhole VM22-022. Drillhole VM22- 008 showed the best average values with 95% kaolinite within the 55% minus 45 micron fraction. This was from three 1m (plus one duplicate) and one 2m sample over a total of 14 metres. Drillhole VM22-022 had the best colour brightness and very similar kaolinite content over an impressive 39 metres. The occurrence of halloysite is often restricted to certain depths or areas within a kaolin deposit. While the current samples did not contain any detectable halloysite this does not preclude the occurrence within other portions of the large Philips Kaolin Deposit. The three drill holes sampled are over a distance of four kilometres in total apart (see Figure 2) and only selected samples collected at five or ten metre spacing. All the kaolin bearing samples are now in Adelaide and systematic testing will be conducted. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman of the Board Agha Pervez is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 01
Viridis Mining and Minerals Limited Provides an Update on the Maiden Drilling Program at the Poochera Project Located on the Eyre Peninsula in South Australia Viridis Mining and Minerals Limited provided an update to the market on the maiden drilling program at the Poochera Project located on the Eyre Peninsula in South Australia. The Poochera Project comprises one 100% owned exploration licence (EL6733), which covers an area of 329km 2 in the Eyre Peninsula of South Australia. Viridis has completed a 55-hole drill program for a total of 1686m, with a final average hole depth of 30.6m. After the observation that kaolin was present in the first drillholes, the drilling program adjusted to a 400 metre spaced grid to confirm and determine the extent of the kaolin mineralisation. Drillhole locations were adjusted to minimise disturbance to cropping and any native vegetation. All the recovered entire one metre samples that appear to contain kaolin will be transported to a secure environment in Adelaide. Then systematic push tube sampling will produce composite samples to be sent to Bureau Veritas (Adelaide) and other specialised laboratories. Viridis plans to systematically assay the selected push tube samples for the presence of halloysite, which has a nanostructure that could allow its application as an efficient catalyst in the petrochemicals industry, amongst other high value applications. Halloysite cannot be identified by standard XRD from kaolin alone and requires additional advanced techniques. All one metre drill samples from the current drilling are being systemically analysed on-site by pXRF. Any samples which show anomalous REE concentrations will be sent to a laboratory for further comprehensive analyses. All 55 drillholes were progressively sealed and completely rehabilitated to their original condition during the program. Viridis reported there were no environmental or safety issues during the program wishes to thank the landholders for their support and assistance. Poochera Stage 2 Drilling: Following encouraging results, in-fill drillholes at 200 and 100 metre spacing will be completed around selected existing drillholes. There are also additional target areas that will be tested. This drilling is expected to total 2.000 metres and the timing will be dependent on access, drill rig availability and current results. Smoky Project Drilling: Aircore hammer drilling at the Smoky Halloysite Project is planned to commence in the first quarter of 2023, subject To Approve the Review of Environmental Factors (REF) by the Department of Regional NSW. This deposit contains known halloysite and meta-kaolin and samples will be collected and tested to determine their economic potential. 공시 • Oct 07
Viridis Mining and Minerals Limited, Annual General Meeting, Nov 30, 2022 Viridis Mining and Minerals Limited, Annual General Meeting, Nov 30, 2022. 공시 • Sep 28
Viridis Mining and Minerals Limited Announces Maiden Drilling Program Commences At Poochera Viridis Mining and Minerals Limited reported that drilling has commenced at the Company's 100% owned Poochera Project in South Australia. Viridis plans to drill up to 60 holes for 3,000m to an average depth of 50m. Drilling targets were selected based on references to clay in historical drillholes and areas with bedrock geophysical characteristics similar to known kaolin deposits elsewhere on the Eyre Peninsula. During the program, all one metre intervals will be recovered in plastic bags directly from the cyclone ensuring no loss of material. Each one metre interval will be analysed by pXRF to test for geochemical parameters related to kaolin. Mobile XRD will also be completed on selected samples believed to contain kaolin-halloysite, in order to confirm mineralogy. The program is being completed by McLeod Drilling, an aircore drilling company with considerable kaolin experience on the Eyre Peninsula. Drilling at Poochera is expected to take approximately two weeks to complete, with all selected samples being sent to Bureau Veritas (Adelaide) and other speciality laboratories. The Poochera Project: The Poochera Project comprises one exploration licence (EL6733) that covers an area of 329km 2 in the Eastern Eucla Basin in South Australia. The project is located adjacent to major halloysite-kaolin deposits, including the Great White Kaolin Project, but the area has never been systematically explored for kaolin-halloysite. Board Change • Sep 22
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman of the Board Agha Pervez is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Sep 14
Viridis Mining and Minerals Limited Provides Update on Surface Sampling At Boddington West Viridis Mining and Minerals Limited provided an update to the market on receipt of assays from its surface sampling program at the Boddington West Gold Project. Boddington West Reconnaissance surface sampling: The Boddington West Project consists of one ELA (E 70/5453) covering an area of 26km2, located one kilometre west of the Boddington Gold Mine. A re-interpretation of aeromagnetic data confirmed major north-west trending faults extending through the Boddington Gold Mine onto the Company's ground. Evidence of diorite intrusives, associated with gold mineralisation at the mine, was found on the Boddington West tenement.A systematic soil geochemistry survey was undertaken over the Boddington West Project to follow-up on the aeromagnetic interpretation. Soil samples were collected at 100m intervals along existing tracks throughout the tenement. Approximately 440 samples were collected and assayed by Intertek-Genalysis (WA) laboratory. Preliminary assays have now been received. Six gold anomalies have been identified in the soil geochemistry data. Four are directly associated with interpreted north-west trending faults that parallel the structure associated with gold mineralisation at the Boddington Gold Mine. The other two are closely associated with interpreted diorites that have similar aeromagnetic signatures to that seen in the Boddington Gold Mine. These have been named the Mundalup and Powerline Prospects. The Mundalup Prospect is anomalous across a wide range of elements. This suggest exotic mineralising fluids may have affected the area. The anomalous gold pathfinder elements (arsenic, tellurium and selenium), along with high sulphur, confirm the anomaly is unlikely to be spurious. Boddington-style gold is associated with sulphidic alteration, so the presence of a sulphur anomaly underpins the prospectivity of this area. 공시 • Aug 24
Viridis Mining and Minerals Limited Drilling to Commence at the Poochera Project following EPEPR Approval Viridis Mining and Minerals Limited announce that it has received approval for its Exploration Program for Environment Protection and Rehabilitation for its upcoming drilling programs at the Poochera Project South Australia's Mining Act of 1971 requires the holder of an exploration licence to have an approved EPEPR in place prior to the commencement of any advanced exploration activities. Approval is provided by South Australia's Department for Energy and Mining. The Poochera Project comprises one exploration licence (EL6733) that covers an area of 329km2 in the Eastern Eucla Basin in South Australia. The project is located adjacent to major halloysite-kaolin deposits, including the Great White Kaolin Project, but has never been systematically explored for kaolin-halloysite. As previously announced, experienced kaolin drilling contractor Jim McLeod Drilling has been appointed by Viridis to conduct a maiden drill campaign at the Poochera project. The drill program will consist of 150 holes for a total of 3,000m over three key areas within the tenement, selected based on the likely depth of basement and similarity of bedrock geophysical texture to known major kaolin deposits in the area. To minimise interference with landholder cropping, the drilling will be completed in stages. The aircore drill campaign is designed to test depth, strike and mineralogy of reported and potential kaolin occurrences within the project. The Company plans to undertake pXRF analytical testing and `whiteness' measurement onsite, which will provide Viridis with rapid confirmation of kaolin content and subjective quality in drilled material. Initial drilling is expected to commence imminently, subject to drill rig availability, and take approximately 2 weeks to complete. Laboratory assays will be released to the market as results become available. 공시 • Jun 30
Viridis Mining and Minerals Limited Updates on Exploration at the Company's 100% Owned Poochera and Smoky Halloysite Projects Viridis Mining and Minerals Limited provided an update on exploration at the Company's 100% owned Poochera and Smoky Halloysite Projects. Following the granting of the Company's exploration license EL6733, Viridis has appointed Jim McLeod Drilling, an aircore drilling company with considerable kaolin experience on the Eyre Peninsula, to conduct a 3,000m maiden drill campaign at the Poochera project. Before drilling can commence within EL6733 Viridis requires EPEPR approval as part of the environmental conditions required for South Australia, which has been lodged with the SA Department of Energy and Mining. Subject to receipt of the EPEPR, drilling is expected to commence in the September quarter. Aircore drilling is rapid, has a very small environmental footprint and provides excellent sample material for kaolin-halloysite exploration. All one metre intervals will be tested by pXRF to check the geochemical parameters of any kaolin identified. Field XRD will also be completed on selected samples believed to contain kaolin-halloysite to confirm mineralogy. The Poochera Project comprises one exploration licence (EL6733) that covers an area of 329km2 in the Eastern Eucla Basin in South Australia. The project is located adjacent to major halloysite-kaolin deposits, including the Great White Kaolin Project, but has never been systematically explored for kaolin-halloysite. The Eucla Basin contains sequences up to 300m thick of Tertiary marine, coastal and paleochannel sediments. Kaolin-halloysite deposits within the area of the Poochera Project are typically formed where acidic saline groundwater was developed during oxidation of lignitic, pyritic sands of the Eocene Pidinga Formation within buried fluvial channels. Widespread weathering involving the acidic saline groundwater has formed several significant kaolin deposits and occurrences on the Eyre Peninsula. Drilling targets are based on references to clay in historical drillholes and water wells and areas with bedrock geophysical characteristics similar to known kaolin deposits elsewhere on the Eyre Peninsula. Initially the drilling will be conducted along fence lines to minimise any disturbance to any cropping operations. Discussions are underway with all affected landholders in the area. Aircore drilling at the Smoky Halloysite Project is planned to commence immediately following the completion of Poochera drill campaign. The drilling will comprise of a mounted aircore rig where NQ diamond rods are used with 50mm inner tubes. This system is ideal for sandy and clay areas and importantly does not require new tracks or ground disturbing drill pads. Drilling is subject To Approve the Review of Environmental Factors (REF) by the Department of Regional NSW. The Smoky Project comprises one exploration license (EL8944), which covers two blocks (6km 2) in the upper Hunter Valley region of New South Wales, and contains an historic halloysite quarry. Upon completion of the drilling program at the Poochera Project, the Company plans to conduct a maiden aircore hammer drill campaign at the Smoky Halloysite Project in NSW. This program follows on from the successful site visit in April 2022, whereby historical halloysite and high-alumina calcined clay quarries were identified within the project area. Limited modern exploration has previously occurred at the Smoky Project. During 1983-1984, historic records have shown two drill holes completed at EL8944. One of these drill holes was logged to contain kaolinite clayrock from surface to 23m (end of hole), while the other was logged to contain halloysite from 11m to 14.5m, with metakaolin identified from 21m to 26.5m and kaolinite identified from 27m to 43m (end of hole). The planned drilling will commence adjacent to the historical halloysite deposit. 공시 • Jun 21
Viridis Mining and Minerals Limited Updates the Market on its Work Programs at the Boddington West and Bindoon Projects Viridis Mining and Minerals Limited updated the market on its work programs at the Boddington West and Bindoon projects. Boddington West: Southern Geoscience Consultants (SGC) were contracted to reprocess the publicly available aeromagnetic and radiometric survey over Viridis Mining's Boddington West (E70/5453) tenement. MAGIX-registered Boddington Survey 55564 was flown with 100m spaced east-west flight lines at an altitude of 60m agl. Whilst the Boddington Gold Mine (Wandoo North and South pits) area has not been the subject of a full interpretation, the diorite intrusives that host the majority of the mineralization were identified. This series of diorites show a north-west trend that cuts obliquely across the more northerly trending NNW regional faults in the area. At least one such diorite intrusive is interpreted to occur over the Boddington West tenement. A systematic surface geochemistry survey is planned to follow-up on the aeromagnetic data interpretation. This survey, to be conducted along existing roads and tracks that cover the tenement, will specifically target similar laterites that proved to be auriferous and that led to the discovery of the Boddington gold deposit. It is anticipated that the survey will be completed within a few weeks, weather permitting. Bindoon Projects The Bindoon project consists of tenements E70/5606 (Bindoon North), E70/5428 (Bindoon Central) and E60/5616 (Bindoon South). The target in the project area is Chalice-style nickel, copper and platinum group elements. Interpretation of the aeromagnetic data has identified three possible mafic/ultramafic belts within the project tenure. A surface sampling program has now been completed over all three project areas, focussed on target areas identified from the aeromagnetic interpretation, with all samples submitted for full geochemical assaying. Once assay results are received the results from this work will be integrated into the aeromagnetic interpretation. Assessment of possible targets for drilling can then be done. 공시 • Jun 14
Viridis Mining and Minerals Limited Updates Ground Magnetic Survey Completed At South Kitikmeot Prospect Viridis Mining and Minerals Limited provided an update regarding exploration at the Company's 100% owned South Kitikmeot Gold Project, located approximately 400km northeast of Yellowknife, NWT. Canada. The South Kitikmeot Gold Project consists of seven properties (Hiqiniq, Ujaraq, Gold Bug, Esker, Bling, Uist and Qannituq) covering 11,448 hectares within the Back River Contwoyto Gold Belt of Western Nunavut, Canada. Aurora Geosciences, a specialist exploration group based in Yellowknife, North West Territories, were contracted by Viridis to conduct the magnetic field survey at the South Kitikmeot Gold Project. The survey comprised 349 line-km, which was completed in a single field deployment from May 12th to May 20th, 2022. The 2022 ground magnetic survey supports a NW-SE orientation of the iron formation. The linear magnetic trend that transects the property is spatially coincident with the historic Brandon Hill and Sheit Lake gold occurrences. There are several structural disruptions and localized folds in the iron formation, however, it is interpreted to be more or less contiguous over a strike length of 4,300 meters. The magnetic data shows that the iron formation may continue to the NW of the property (Figure 2). There are a number of linear magnetic highs along the southern shore of Esker Lake, and beneath the lake. These magnetic features could represent an additional 2,700 meters of iron formation to prospect for gold mineralization. A prospecting program and core sampling of historical core are expected to follow at the Esker Lake prospect, in order to map and prospect the ground between Brandon Hill and Sheit Lake, as well as areas of interest interpreted from the magnetic survey. Preliminary shallow drilling at Esker Lake previously returned intercepts of 3m @11.7g/t Au from 33.4m, 4m @4.8g/t Au from 37m, and 3.94m @3.8g/t Au from 77m. The ground magnetic survey was successful in generating a promising target area for future drilling programs to the north west along strike from high grade intercepts intersected in the historic drilling. This target is interpreted as hosting a major structural intersection and disruption zone typical of hosting high grade blow outs and ore shoots within the region (figure 3). Drill planning is now underway to test this newly defined gold target. Board Change • Mar 29
High number of new directors Independent Non-Executive Director Tim Harrison was the last director to join the board, commencing their role in 2022. 공시 • Mar 10
Viridis Mining and Minerals Limited to Commence Work Programs Across Mineral Portfolio Viridis Mining and Minerals Limited updated the market on its portfolio of exploration projects, following the successful IPO on 24 January 2022. The company holds granted licences, or licences under application for a number of projects which are considered to have potential for a significant discovery of gold, kaolin- halloysite and nickel/copper/platinum group elements. A review of the existing geological data including old magnetic surveys is currently underway, and in April, the Company plans to conduct an expedition to resample previously untested drill cores and samples at the Esker Lake Prospect. The Company has appointed Aurora Geosciences, a specialist exploration group based in Yellowknife, North West Territories, to act as managers of the exploration programme. Aurora have previously worked on the project for Silver Range Resources (TSX-V:SRR), the owner of the licence with whom VMM has agreed a staged acquisition. Aurora have unrivalled capabilities for exploration in the region, including management of the complex logistics to support exploration programmes. The Company and the project vendor have agreed to transfer the tenements covering the South Kitikmeot Project to a 100% owned subsidiary of VMM, which will be held in trust until 100% of the equity has been earned in by VMM as per the agreed terms. Once this transfer is complete, The Company will commence the drill permitting process, which is anticipated to take up to 6 months from the date of submission. The Company has appointed Lockett Consultation Services Inc, an experienced Canadian consulting firm, to manage this permitting process. The Company has appointed Orogenic Exploration Pty Ltd, a consultant with significant Eyre Peninsula Kaolin- Halloysite experience, for the initial exploration programmes at the Poochera Project in South Australia, and for planning of a Heritage survey at the Smoky Project in New South Wales. A process of data review and field work has commenced across this Western Australian portfolio, which includes mapping, geochemical sampling, and identification of targets for geophysics and drilling. The Company has appointed Mr. Marcus Flis, a geologist with over 35 years' experience in multi-commodity exploration, to conduct the initial work programs. Mr. Flis has previously held senior positions at Rio Tinto, Newcrest Mining and Hamersley Iron. Interpretation of aeromagnetic data of Boddington West E70/5453 has identified a series of NW trending regional faults, with three possible diorite intrusives that have been interpreted adjacent to these faults. The Company will undertake re-processing of the aeromagnetic data to identify later stage cross cutting faults that may be the drivers for second stage brittle deformation gold mineralisation such as that found at the nearby Boddington Gold Mine. 공시 • Feb 17
Viridis Mining and Minerals Limited Announces the Appointment of Tim Harrison to the Board, as Non-Executive Director Viridis Mining and Minerals Limited announced the appointment of Mr. Tim Harrison to the Board, as Non-Executive Director with immediate effect. Mr. Harrison is currently the Managing Director of ASX-listed Ionic Rare Earths Limited and has previously held senior positions at BHP Billiton, Fluor, Ivanhoe Australia and Clean TeQ Ltd. Board Change • Jan 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 22
Viridis Mining and Minerals Limited has completed an IPO in the amount of AUD 5.5 million. Viridis Mining and Minerals Limited has completed an IPO in the amount of AUD 5.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,500,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 
