• Secured up to US$120M in strategic equity funding
• OneIM to invest up to US$75M
• ORE/Régia accelerates next US$5M tranche
• Additional US$40M from strategic investors
• Funding to support Colossus project execution

Viridis Mining and Minerals Limited has secured commitments for up to US$120 million (~AU$170 million) of strategic equity funding to support the execution of its Colossus project. This funding includes investments from One Investment Management (OneIM), which will provide up to US$75 million across two tranches, establishing OneIM as a cornerstone institutional investor. Additionally, ORE Investments Ltda. and Régia Capital Ltda. have agreed to accelerate the next US$5 million tranche of their existing strategic investment, with a further US$20 million remaining available under their investment arrangement. A select group of strategic investors has also committed US$40 million, with the majority from leading Brazilian investors. This funding, combined with existing cash reserves and available commitments, exceeds the indicative equity requirement for the Colossus project, which is targeted to be financed with up to 70% senior debt and 30% equity.

Viridis targets up to US$120M in strategic equity funding for Colossus project.

With the equity requirement addressed and strong strategic partners in place, Viridis is well-positioned to advance Colossus through FID and into construction.