Mr. Tyrell Sutherland reports

VIRIDIAN METALS COMMENCES TRADING ON THE OTCQB VENTURE MARKET UNDER THE SYMBOL "VIRMF"

Viridian Metals Inc.'s common shares will commence trading today, Wednesday, July 15, 2026, on the OTCQB Venture Market under the ticker symbol VIRMF. The company's common shares will continue to be listed and traded on the Canadian Securities Exchange under the symbol VRDN.

Trading on the OTCQB is an important step in Viridian's capital market strategy, extending the company's reach into the United States and improving access for U.S. investors to Viridian's copper-focused critical metal exploration portfolio in Labrador, Canada.

"The commencement of trading on the OTCQB represents another milestone in Viridian's capital markets strategy," said Tyrell Sutherland, president and chief executive officer of Viridian. "By expanding access to U.S. investors through a well-established public market, we believe this listing will improve awareness of the company, broaden our shareholder base and complement our existing listing on the Canadian Securities Exchange as we continue to execute our exploration strategy."

Benefits for shareholders

The company anticipates that trading on the OTCQB will offer existing shareholders and prospective U.S. investors a number of practical advantages, including:

• Trading in U.S. dollars during U.S. market hours through most U.S. on-line and full-service brokerage accounts;
• Enhanced market data for shareholders, including access to real-time Level 2 quotes at the OTC Markets website;
• A reduction in the trading restrictions and surcharges that some U.S. brokerages apply to lower-tier markets.

About the OTCQB Venture Market

The OTCQB Venture Market, operated by OTC Markets Group Inc., is a U.S. trading platform designed for developing and entrepreneurial companies. To qualify for and maintain a quotation on the OTCQB, issuers must be current in their financial reporting and complete an annual company verification and management certification process, which together foster a more transparent trading environment for investors.

Depository Trust Company eligibility

In connection with the OTCQB listing, Viridian has also submitted an application for full-service Depository Trust Company eligibility. Once granted, DTC eligibility will allow VIRMF shares to be held and transferred electronically between U.S. brokerage accounts, complementing the role played by the Canadian Depository for Securities in Canada and reducing the cost and friction of cross-border trading and settlement. The company will issue a further news release upon confirmation that DTC eligibility has been obtained.

About Viridian Metals Inc.

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 metal deposits with the potential to transform the metal supply chain. It leverages 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. Its commitment to integrity and transparency fosters strong partnerships with both local and global stakeholders.

We seek Safe Harbor.