Announcement • Jul 08
Viridian Metals Inc. announced that it has received CAD 0.750009 million in funding from Accilent Capital Management Inc. On July 6, 2026, Viridian Metals Inc. has amended and closed the transaction. The company issued 1,442,325 flow-through units at a price of CAD 0.52 per Unit, for aggregate gross proceeds to the Company of CAD 750,009. The Company has therefore issued 1,442,325 FT Shares and 721,162 Warrants. In connection with the closing of the Private Placement Viridian paid finder’s fees of $52,500 in cash and issued 100,963 share purchase warrants with equivalent terms to the Warrants. The Units were subscribed for by Pavilion Flow-Through L.P. (2026) 1 (the “Investor”), a fund managed by Accilent. On closing of the Private Placement, Accilent has direct or indirect control and direction over 11,861,152 common shares of the Company, representing approximately 21.33% of the Company’s issued and outstanding common shares on a non-diluted basis, and approximately 31.89% on a partially diluted basis assuming the exercise of 8,471,645 common share purchase warrants of the Company held by or under the control and direction of Accilent. As a result, Accilent has become a Control Person of the Company. Announcement • Jun 11
Viridian Metals Commences 2026 Diamond Drill Program At the Kraken Viridian Metals Inc. announced that diamond drilling has commenced at its Kraken Copper-Nickel-Cobalt Project in Labrador, with the first drill now turning on the initial hole of the Company's fully funded 2026 exploration program. The 2026 program is expected to consist of 50 diamond drill holes designed to systematically infill between widely spaced drill holes completed along the five-kilometre-long Main Zone conductive corridor, where mineralization has been intersected in holes spaced up to one kilometre apart. The program is designed to connect these broad-spaced intercepts into a continuous drill-defined mineralized footprint while testing extensions to previously identified zones of copper-nickel-cobalt sulphide mineralization. The program will include follow-up drilling on previously reported mineralized intercepts, including areas where drill holes ended in mineralization or terminated before reaching their interpreted target depths. Several copper-rich zones identified during previous drilling campaigns will also be tested as the Company advances its understanding of the broader mineralized system. The Kraken Project is located approximately 75-kilometres north of Churchill Falls, Labrador, and hosts a magmatic sulfide system extending over more than 35-kilometres within the same intrusive suite that hosts the Voisey's Bay deposit. Drilling to date has confirmed copper-nickel-cobalt sulfide mineralization at or near surface along approximately five-kilometres of the Main Zone conductor. Exploration of the broader system remains in its early stages, with only five of more than 60 conductors larger than the original Voisey's Bay discovery having been drill tested yielding massive sulfides in all cases. The near-surface nature of mineralization at Kraken allows the Company to utilize a lightweight, man-portable drill that can be relocated between drill sites without helicopter support. The ability to rapidly move the drill by ground crews significantly reduces mobilization costs and enables efficient testing of targets across the project while maintaining a small environmental footprint. Announcement • Jun 06
Viridian Metals Inc. Highlights Copper-Rich Zones Up to 4.15% Cu At Kraken Ahead of 2026 Drill Program Viridian Metals Inc.is advancing plans to target high-grade copper-rich zones identified within the Kraken magmatic sulphide system in Labrador, where drilling in 2024 intersected copper grades up to 4.15% Cu. The Company’s recently announced 50-hole drill program will provide the scale and flexibility required to systematically follow up on multiple copper-rich zones identified within the broader Kraken system. In addition to expanding the Main Zone, the program will evaluate several targets with potential to host additional copper-rich mineralization. In addition to follow-up drilling along the Main Zone, the Company plans to advance several peripheral targets, including Venus, where both previous drill holes intersected massive sulfides from surface and ending in mineralization before reaching the modeled conductor. Results included 12.75m @ 0.16% Ni, 0.1% Cu and 0.02% Co including 1.85 metres @ 0.7% Ni, 0.3% Cu and 0.07% Co starting a 0m (see news release dated November 26, 2024) and 7.55 metres @ 0.4% Ni, 0.2% Cu and 0.05% Co from surface, with associated precious metal values of up to 0.76g/t platinum, 0.33g/t palladium and 0.45g/t gold (see technical report dated September 23, 2024 available on SEDAR+). The target remains largely untested and represents a potential additional higher value center within the broader Kraken system. Viridian currently controls the largest copper-focused land position in Newfoundland and Labrador, encompassing both the drill-tested Kraken magmatic sulphide system and the basin-scale Sedna project. At Sedna, the Company’s exploration work has confirmed the geological architecture underpinning a copper system spanning more than 2,000 km², including deeply rooted structural plumbing, laterally extensive reduced stratigraphic horizons, and widespread disseminated chalcopyrite. Viridian believes these characteristics are analogous to those observed in major global copper districts, including the Central African Copperbelt and Europe’s Kupferschiefer Basin. 
