Denarius Metals Announces Details for the November 30, 2025 Interest Payments on Its Convertible Unsecured Debentures

Denarius Metals Announces Details for the November 30, 2025 Interest Payments on Its Convertible Unsecured Debentures

Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the details for the forthcoming monthly interest payments due on November 30, 2025 on its convertible unsecured debentures due October 19, 2029 (the "2023 Debentures") and May 30, 2030 (the "2024 Debentures").

The table below summarizes the details for the shares to be issued on December 1, 2025 to holders of the 2023 Debentures and the 2024 Debentures in settlement of the monthly interest due November 30, 2025:


Principal Amount of Debentures (1)
(CA$)
Interest
(CA$)
Number of
Shares to
be Issued (2)
Number of Shares
per CA$1.00 of 
Principal





2023 Debentures 19,886,560 198,866 382,432 0.019231
2024 Debentures 14,272,314 142,723 274,468 0.019231





Total 34,158,874 341,589 656,900

 

(1) Issued and outstanding as of November 27, 2025.
(2) Based on the closing price of the common shares on Cboe CA of CA$0.52 per share on November 14, 2025, the Monthly Measurement Date pursuant to the Third Supplemental Indentures for the 2023 Debentures and the 2024 Debentures.

The issuance of the common shares in settlement of the interest payable on the debentures due November 30, 2025 is subject to the acceptance of Cboe Canada.

Mr. Serafino Iacono (Executive Chairman), Mr. Federico Restrepo-Solano (Director and CEO), Mr. Michael Davies (Chief Financial Officer) and Ms. Amanda Fullerton (General Counsel and Secretary) will receive an aggregate of 168,226 common shares in settlement of the interest payable on their respective holdings of 2023 Debentures and 2024 Debentures.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Market in the United States under the symbol "DNRSF".

In Colombia, Denarius Metals commenced mining operations in the second quarter of 2025 at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including Cboe Canada final acceptance of the share issuance. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:

Michael Davies
Chief Financial Officer
(416) 360-4653
investors@denariusmetals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276190

News Provided by Newsfile via QuoteMedia

DSLV:CC
The Conversation (0)
Denarius

Denarius

Advancing Projects In High-Grade Mining Districts in Spain and Colombia

Advancing Projects In High-Grade Mining Districts in Spain and Colombia Keep Reading...
Pan Global Engages Adelaide Capital for Investor Relations Advisory

Pan Global Engages Adelaide Capital for Investor Relations Advisory

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ,OTC:PGZFF; OTCQB: PGZFF; FRA: 2EU) is pleased to announce that it has entered into an investor relations agreement (the "Agreement") with Adelaide Capital Markets Inc. ("Adelaide"), a leading investor relations and capital... Keep Reading...
Steadright Critical Minerals Inc. to Acquire up to 75% Interest in the Péribonka Ree-Niobium Carbonatite Project, Saguenay-Lac-St-Jean Region, Québec

Steadright Critical Minerals Inc. to Acquire up to 75% Interest in the Péribonka Ree-Niobium Carbonatite Project, Saguenay-Lac-St-Jean Region, Québec

(TheNewswire) Muskoka, Ontario TheNewswire - September 11th, 2026 - Steadright Critical Minerals Inc. (CSE:SCM,OTC:SCMNF ) ("Steadright" or "SCM") is pleased to announce that it has entered into a definitive Option Agreement to acquire up to a 75% interest in the Péribonka Rare Earth Element... Keep Reading...
Prismo Metals Announces Listing of Blade Resources on the CSE Prismo Metals Owns 6,755,000 Shares of Blade Resources

Prismo Metals Announces Listing of Blade Resources on the CSE Prismo Metals Owns 6,755,000 Shares of Blade Resources

(TheNewswire) Vancouver, British Columbia, September 11th, 2026 TheNewswire Prismo Metals Inc. ("Prismo" or the "Company") (CSE: PRIZ,OTC:PMOMF) (OTC: PMOMF) is pleased to announce that Blade Resources Inc. ("Blade Resources") has received final approval from the Canadian Securities Exchange... Keep Reading...
Cascadia Strengthens Management Team with the Appointment of Stuart Van Bibber as VP Sustainability and Regulatory Affairs

Cascadia Strengthens Management Team with the Appointment of Stuart Van Bibber as VP Sustainability and Regulatory Affairs

Cascadia Minerals Ltd. ("Cascadia") (TSX-V: CAM) (OTCQB: CAMNF) is pleased to announce the appointment of Stuart Van Bibber as Vice President Sustainability and Regulatory Affairs. In this role he will oversee all aspects of community engagement and consultation, government and regulatory... Keep Reading...
Fathom Nickel Announces Maiden Mineral Resource Estimate, Gochager Lake Ni-Cu-Co Deposit, Saskatchewan

Fathom Nickel Announces Maiden Mineral Resource Estimate, Gochager Lake Ni-Cu-Co Deposit, Saskatchewan

Highlights: Maiden Mineral Resource Estimate ("MRE") for the Gochager Lake Deposit, comprising pit-constrained (in-pit) and out-of-pit Indicated and Inferred Mineral Resources, with an effective date of 9 June 2026. Total Indicated Mineral Resources of 858,701 tonnes at 0.41% Ni, 0.12% Cu and... Keep Reading...
Copper Quest Announces Fully Subscribed Private Placement with Continued Support by Strategic International Investor

Copper Quest Announces Fully Subscribed Private Placement with Continued Support by Strategic International Investor

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF) (OTCQB: IMIMF) (FSE: 3MX0) ("Copper Quest" or the "Company") is pleased to announce that it plans to complete a non-brokered, fully subscribed, strategic private placement (the "Private Placement") by issuing up to an aggregate of 10,625,000... Keep Reading...

Interactive Chart

Latest Press Releases

Related News