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Chablis Capital Corp. Announces Proposed Qualifying Transaction with Viridian Metals Ireland Limited
Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Chablis Capital Corp. (TSXV: CCZ.P) ("Chablis" or the "Company") is pleased to announce that it has entered into a letter of intent dated August 27, 2025 (the "LOI") with Viridian Metals Ireland Limited ("Viridian") (together, the "Parties"), which outlines the general terms and conditions pursuant to which the Parties would be willing to complete a transaction that will result in a reverse take-over (the "RTO") of Chablis by the...
About this update from Viridian Metals Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Chablis Capital Corp. (TSXV: CCZ.P) ("Chablis" or the "Company") is pleased to announce that it has entered into a letter of intent dated August 27, 2025 (the "LOI") with Viridian Metals Ireland Limited ("Viridian") (together, the "Parties"), which outlines the general terms and conditions pursuant to which the Parties would be willing to complete a transaction that will result in a reverse take-over (the "RTO") of Chablis by the shareholders of Viridian (the "Transaction"). Pursuant to the LOI, Chablis will acquire all of the outstanding securities of Viridian, which owns a 100% interest in the Tynagh Project (the "Tynagh Project" or "Property"), a past producing high-grade base metal and silver project in Ireland. The proposed Transaction is not a "Non-Arm's Length Qualifying Transaction" pursuant to Policy 2.4 of the TSX Venture Exchange (the "Exchange"). The Transaction is intended to be Chablis's "Qualifying Transaction" for purposes of the Exchange's capital pool company program.","length":1190,"tagName":"p"},{"type":"text","content":"Description of the Tynagh Project","length":33,"tagName":"p"},{"type":"text","content":"The Tynagh Project is a brownfield exploration-stage project located in County Galway, Ireland. The site is located ~1.5 km north of the town of Tynagh, County Galway, and historically reported production of ~7.9 Mt of ore between 1965 and 1982 The Project includes a tailings reprocessing project, comprising two tailings ponds totaling ~58.7 ha, that have been the focus of resource drilling and metallurgical test work, and a hard rock exploration project that comprises drill indicated high grade copper and polymetallic lead, zinc and silver mineralisation. The Company is preparing an updated National Instrument 43-101 ("NI 43-101") technical report for the Tynagh Project (the "Technical Report") and intends to file it on SEDAR+ on or before October 31, 2025.","length":788,"tagName":"p"},{"type":"text","content":"Proposed Management and Board of the Resulting Issuer","length":53,"tagName":"p"},{"type":"text","content":"Upon completion of the Transaction, the Resulting Issuer's management and board...