Refile: BUZZ-Australia's Viridis Mining eyes best day in over a month on rare earth project funding
REFILE-BUZZ-Australia's Viridis Mining eyes best day in over a month on rare earth project funding Corrects to add dropped milestone in bullet 3
** Shares of Viridis Mining and Minerals VMM.AX jump as much as 6% to A$3.870, their highest level since August 31
** The diversified miner receives approval from Brazilian Development Bank for a R$77.5 million ($15.23 million) financing facility
** Stock on track for biggest intraday pct gain since August 6
** Co says the financing strengthens funding for Colossus rare earth project in Brazil and cuts the project's remaining senior debt requirement to about $280 million
** Adds, the 16-year, low-cost facility will support rare earth processing, demonstration plant operations and R&D activities tied to Colossus
** YTD, stock up 206.1%
($1 = 5.0895 reais)
(Reporting by Paridhi Minda in Bengaluru)
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