Viridian Metals Announces $1.0 Million Private Placement

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This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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About Viridian Metals

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Viridian Metals is a pioneer and leader in generative metal exploration with a focus on environmental responsibility and ethical practices. Founded with the intention of discovering new critical metals deposits with the potential to transform the metal supply chain. We leverage innovative technologies and methods to enhance efficiency and sustainability in jurisdictions eager to be leaders in supplying the energy transition. Viridian maintains expertise in a range of critical metals with a primary focus on copper, nickel and cobalt in the near term. Our commitment to integrity and transparency fosters strong partnerships with both local and global stakeholders.

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For further information, please contact:

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Viridian Metals Inc.
Tyrell Sutherland, Chief Executive Officer
Telephone: (613) 884-8332
Email: [email protected]

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Not for distribution to U.S. news wire services or for dissemination in the United States

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Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Cautionary Statement Regarding Forward-Looking Information

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This news release contains statements which constitute “forward-looking information” within the meaning of applicable Canadian securities laws, including, without limitation, statements regarding: the completion of the Private Placement, including the anticipated size, pricing, timing of closing and use of proceeds thereof; the number of Units to be issued; the receipt of the acceptance of the CSE in respect of the Private Placement; the participation of directors, officers and other insiders in the Private Placement and the availability of the exemptions under MI 61-101 relied on by the Company; the payment of finder’s fees; the application of hold periods and other resale restrictions to the securities issued under the Private Placement; the continuation of the Company’s 2026 drill program, including drilling at Kraken until November; and the Company’s business plans and exploration activities.

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Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “believes”, or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information is based on the opinions, estimates and assumptions of management as of the date such statements are made. While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect.

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Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, but are not limited to: the failure to satisfy the closing conditions of the Private Placement, or to complete the Private Placement on the anticipated terms, size or timing, or at all; the failure to obtain the acceptance of the CSE; the expiry of the Company’s price protection in respect of the Private Placement prior to closing; the unavailability of the exemptions from the formal valuation and minority approval requirements of MI 61-101 relied on by the Company; the inability to raise sufficient capital to fund the Company’s planned exploration and corporate programs; risks inherent in mineral exploration, including that exploration results may not meet expectations; changes in capital markets and general economic conditions; and the other risk factors disclosed in the Company’s public filings under its profile on SEDAR+ at www.sedarplus.ca. Forward-looking information contained in this news release is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on forward-looking information.

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