Intelligent Investor

Viridis Mining and Minerals Limited (ASX: VMM) - Float & IPO Details

- Current share price for VMM : $1.355

Viridis Mining and Minerals Limited (VMM) is a mineral explorer focused on review of mining projects for acquisition. VMM entered into the Acquisition Agreements to acquire the South Kitikmeot Project and the AHD Projects.

Viridis Mining and Minerals Limited (VMM) floated on the Australian Securities Exchange (ASX) on Monday, 24 January 2022. The company opened its first day of trading with a share price of $0.26 which was up 30% from its offer price of $0.20 per share. The first day of trading for Viridis Mining and Minerals Limited on the ASX saw its share price move between a low of $0.26 and a high of $0.43, before closing at $0.40 per share which was 100% above its original offer price of $0.20 per share.
VMM's current share price of $1.36 is a $1.16 or 577.50% premium to its original offer price of $0.20.

VMM Float / IPO Details

Offer Open Date24 Nov 2021
Offer Close Date21 Dec 2021
Listing Date24 Jan 2022
Issue Price$0.20
Amount Raised$5,500,000
Shares Issued (new)27,500,000
Underwriter
Consultants
AuditorHall Chadwick WA Audit Pty Ltd

VMM Float / IPO Performance (relative to an issue price of $0.20)

Current Price$1.36577.50%
First Day Open$0.2630%
First Day High$0.43115%
First Day Low$0.2627.50%
First Day Close$0.40100%
All-time High$2.411,105%
All-time Low-100%
12-month High$2.411,105%
12-month Low-100%

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