Mr. Tyrell Sutherland reports

VIRIDIAN METALS LAUNCHES FINANCING TO BUILD ON POSITIVE MARKET MOMENTUM

Viridian Metals Inc. has arranged a non-brokered private placement consisting of the issuance of a combination of: (i) flow-through shares of the company at a price of 75 cents per share; and (ii) non-flow-through units of the company at a price of 56 cents per unit for aggregate gross proceeds to the company of up to $1.5-million.

Each unit will comprise one non-flow-through common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable by the holder thereof to acquire one non-flow-through common share of the company at an exercise price of 75 cents per share for a period of two years from the date of issuance of the warrant.

The gross proceeds raised through the issuance of flow-through shares must be used by the company to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures within the meaning of the Income Tax Act (Canada) at the company's Labrador projects. The applicable expenditures will be renounced to subscribers to the flow-through shares with an effective date on or before Dec. 31, 2025. Proceeds from the hard-dollar units will be used for general working capital and corporate purposes.

"This financing allows Viridian to continue building on the strong momentum we have seen in recent months," said Tyrell Sutherland, president and chief executive officer of Viridian Metals. "With drilling continuing and results expected before year-end, we are encouraged by the market's recognition of our progress. We're excited to keep advancing our programs and delivering meaningful results for shareholders."

All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The company may pay finders' fees in cash and securities to certain arm's-length finders engaged in connection with the private placement.

About Viridian Metals Inc.

Viridian Metals is a leader in generative metal exploration with a focus on environmental responsibility and ethical practices. Founded to discover new critical metals deposits capable of transforming supply chains, the company leverages innovative technologies and methods to enhance efficiency and sustainability in jurisdictions leading the energy transition. Viridian maintains expertise in a range of critical metals with a primary focus on copper, nickel and cobalt. Viridian's commitment to environmental responsibility and ethical practices ensures that its projects contribute meaningfully to the green transition, creating sustainable value for all stakeholders.

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