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Viridis Mining and Minerals Limited (ASX:VMM)

ALERT: Price-sensitive ASX Announcement for VMM
Current share price for VMM : $3.120 2.14 (218.37%)+
Announcement
Release
1 Dec 2025 4:10PM
Price at Release
$0.980
Full Release
download
Summary
Viridis Mining and Minerals Limited (ASX: VMM) received an ASX query due to notable trading activity fluctuations on its securities. The company acknowledged a Recommendation from the Brazilian public prosecutors' office addressed to the Minas Gerais State Environmental Foundation (FEAM), concerning the Colossus Project's Preliminary License approval. VMM was initially confident that the Recommendation would not impact the project due to outdated assumptions. Upon observing significant trading activity, VMM coordinated with ASX, imposed a trading halt on 26 November, followed by a voluntary suspension on 28 November, to deliberate required disclosures. The company affirmed its compliance with ASX Listing Rules, particularly Listing Rule 3.1, and confirmed that its Board authorized the responses provided to the ASX query.
Key Points
  • Viridis Mining and Minerals Limited responded to an ASX query regarding unusual trading activity.
  • A Recommendation was received from the Brazilian public prosecutors' office about the Colossus Project.
  • VMM initially relied on Listing Rule 3.1A for not disclosing the Recommendation.
  • The company requested a trading halt and voluntary suspension to address disclosure requirements.
  • VMM confirmed compliance with ASX Listing Rules, especially Rule 3.1.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.