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Viridian Metals Secures $2 Million in Oversubscribed Financing to Boost Labrador Exploration

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The latest update is out from Viridian Metals Inc ( (TSE:VRDN) ).

Viridian Metals Inc. has successfully closed the final tranche of its oversubscribed non-brokered private placement, raising a total of $2,087,632. The funds will be used to advance exploration at its Labrador mining projects, supporting surface geochemistry, geophysics, and drill targeting, while also providing for general corporate purposes. This financing positions the company for a significant field season, enhancing its strategic drilling capabilities and ensuring project continuity.

More about Viridian Metals Inc

Viridian Metals is a leader in generative metal exploration, focusing on environmental responsibility and ethical practices. The company aims to discover new critical metal deposits that can transform supply chains.

Average Trading Volume: 9,227

Find detailed analytics on VRDN stock on TipRanks’ Stock Analysis page.

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