Business
Viridian Metals Closes Final Tranche of Oversubscribed Financing
Viridian Metals Inc. (CSE: VRDN) ("Viridian" or the "Company") is pleased to announce the closing of the second and final tranche (the "Final Tranche") of its previously announced non-brokered private placement of Charity Flow-Through Units, Flow-Through Units, and Hard Dollar Units (the "Offering").
About this update from Viridian Metals Inc
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, June 5, 2025 /CNW/ - Viridian Metals Inc. (CSE: VRDN) ("Viridian" or the "Company") is pleased to announce the closing of the second and final tranche (the "Final Tranche") of its previously announced non-brokered private placement of Charity Flow-Through Units, Flow-Through Units, and Hard Dollar Units (the "Offering").","length":387,"tagName":"p"},{"type":"image","alt":"Viridian Metals logo (CNW Group/Viridian Metals)","displaySize":"","headline":null,"caption":"Viridian Metals logo (CNW Group/Viridian Metals)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/86f6cae54d3de67a28ba13ec911b118f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cM.ghejkhAf7F.BUinCGyA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/86f6cae54d3de67a28ba13ec911b118f","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2703847/Viridian_Metals_Viridian_Metals_Closes_Final_Tranche_of_Oversubs.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company previously closed a first tranche of the Offering announced by press release dated May 14, 2025 for gross proceeds of $1,449,265.","length":141,"tagName":"p"},{"type":"text","content":"The Company has today closed the Final Tranche for additional gross proceeds of $638,367 for total gross proceeds received pursuant to the Offering of $2,087,632.","length":162,"tagName":"p"},{"type":"text","content":"Final Tranche Closing","length":21,"tagName":"p"},{"type":"text","content":"The Final Tranche closing includes the issuance of:","length":51,"tagName":"p"},{"type":"list","items":[],"tagName":"ul","bulletedList":true,"length":0,"olType":false},{"type":"list","items":[],"tagName":"ul","bulletedList":true,"length":0,"olType":false},{"type":"text","content":"The warrants issued in respect of the Hard Dollar Units contain an acceleration provision whereby the Company may accelerate the expiry date of such warrants, by giving 60 days notice, if the Company's shares trade a volume weighted average price of $1.50 or more for 2...