Australia's Viridis Mining and Minerals gains on $30 million funding

Viridis Mining and Minerals

24/11/2025 01:15

** Shares of Viridis Mining and Minerals VMM.AX rise as much as 7.9% to A$1.360, gaining most since November 10

** The miner says it has executed a $30 million funding commitment with Brazilian asset managers ORE Investments and Régia Capital

** Co says it is now positioned to advance all critical-path work streams toward first production

** Stock currently up 7.5%, bringing YTD gains to 28.8%

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))