Board Change • May 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Executive Chairman of the Board Agha Pervez is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Geoff Bedford was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, 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. 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 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. Breakeven Date Change • Aug 18
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$30.8m in 2028. Average annual earnings growth of 52% is required to achieve expected profit on schedule. 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. Board Change • Dec 24
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 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 following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 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). 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 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. Board Change • Aug 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. Board Change • Feb 09
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. 
