Viridian Metals Announces Results of Annual General and Special Meeting and Closing of Non-Brokered Private Placement
Viridian Metals closed a non-brokered private placement of 1.44 million flow-through units at $0.52 per unit, raising $750,009 in gross proceeds. The capital is designated for eligible Canadian exploration expenses on its copper-focused projects in Labrador, with tax credits to be renounced to the investor by year-end. Accilent Capital Management became a Control Person of the company, holding approximately 21.3% of outstanding shares on a non-diluted basis following the close.
Key figures
- Deal Value Usd
- 750009
- Offering Price
- 0.52
- Shares Offered
- 1442325
- Warrants issued
- 721162
- Finders fee cash
- 52500
- Total shares voted
- 11417272
- Warrant term months
- 24
- Finders fee warrants
- 100963
- Accilent ownership pct
- 21.33
- Warrant exercise price
- 0.65
- Accilent diluted ownership pct
- 31.89
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