Mr. Tyrell Sutherland reports

VIRIDIAN METALS SECURES $225,000 MAXIMUM JEA FUNDING; ADOPTS QUARTERLY REPORTING EXEMPTION

Viridian Metals Inc. has been awarded $225,000 under the junior exploration assistance program, representing the maximum funding available through the program for the 2025 cycle. This funding supported the company's 2025 field program at its Sedna project in Labrador.

This marks the third consecutive year Viridian has received the maximum JEA award, following funding received for its 2023 and 2024 exploration programs. The company intends to submit a further application under the program to support planned 2025 work at its Kraken project.

The JEA program provides non-dilutive funding to advance mineral exploration across Newfoundland and Labrador, with a focus on new discovery and progression of projects toward defined mineral resources.

Viridian continues to advance a district-scale exploration strategy across its Labrador portfolio, targeting large mineral systems in underexplored regions. Programs such as JEA allow the company to expand early-stage coverage and advance multiple projects in parallel while maintaining capital discipline.

"JEA funding has been a consistent contributor to advancing our work across Labrador," said Tyrell Sutherland, president and chief executive officer of Viridian Metals. "At Sedna, it supported basin-scale work, and we see a similar opportunity to apply it at Kraken as we continue to build out the broader system."

Viridian remains focused on advancing its projects through systematic exploration and strategic use of non-dilutive funding, with the objective of defining large-scale mineral systems.

Adoption of semi-annual financial reporting

Viridian additionally reports that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting.

Coordinated Blanket Order 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. Under the SAR pilot program, the company will, upon its election to participate, be exempt from filing interim financial reports and related management's discussion and analysis for its first and third quarters:

• Interim period: The company will going forward not file an interim report and a related MD&A for the first quarter ending March 31 and the third quarter ending Sept. 30.
• Continuing reporting: The company will continue to file audited financial statements (due within 120 days of Dec. 31) and six-month interim financial reports (due within 60 days of June 30).

The first period for which the company will not file an interim financial report and related MD&A will be for the three-month period ended March 31, 2026.

The company confirms it meets the pilot program's eligibility criteria as it:

• Is a venture issuer (as defined in applicable securities laws);
• Has its common shares listed on the Canadian Securities Exchange;
• Has annual revenues of less than $10-million;
• Has a disclosure record of over 12 months; and
• Has filed all required periodic and timely continuous disclosure documents.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

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.