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How Viridis’ US$30M Brazilian Deal Could Unlock Rare Earths Growth
8:49am on Monday 28th of July, 2025 AEST
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Mining
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How Viridis’ US$30M Brazilian Deal Could Unlock Rare Earths Growth
8:49am on Monday 28th of July, 2025 AEST
Key Points
Binding MOU with Brazil’s ORE Investments and Régia Capital for up to US$30M funding
Staged equity investment over 36 months aligned with key project milestones
Initial US$5M tranche upon definitive agreement execution at AU$0.91 per share
Investors gain potential board representation based on ownership levels
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Viridis Mining and Minerals (ASX:VMM)
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