Denarius Metals Announces Details for the July 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile·2025-07-28 11:00

Core Viewpoint - Denarius Metals Corp. announced details regarding the monthly interest payments on its convertible unsecured debentures due in 2029 and 2030, scheduled for July 31, 2025, which will be settled in shares [1][4]. Group 1: Interest Payment Details - The total principal amount of the 2023 Debentures is CA$19,886,560, with an interest payment of CA$198,866, resulting in the issuance of 382,433 shares [2]. - The total principal amount of the 2024 Debentures is CA$14,287,914, with an interest payment of CA$142,879, leading to the issuance of 274,768 shares [2]. - The overall total for both debentures amounts to CA$34,174,474 in principal, with a total interest payment of CA$341,745, resulting in 657,201 shares to be issued [2]. Group 2: Share Issuance and Hold Period - The shares issued in settlement of the interest payments will be subject to a statutory four-month hold period due to the Consent Fee Debentures issued on June 18, 2025 [4]. - The issuance of common shares is contingent upon acceptance by Cboe Canada [4]. Group 3: Company Overview - Denarius Metals is a Canadian junior mining company focused on precious metals and polymetallic projects in Colombia and Spain [8]. - The company commenced mining operations at its Zancudo Project in Colombia in Q2 2025, which is a high-grade gold-silver deposit [9]. - In Spain, Denarius Metals has interests in three projects, including the Aguablanca Project, recognized as a Strategic Project by the EU, and holds a 100% interest in the Lomero and Toral Projects [10].

Denarius Metals Announces Details for the July 31, 2025 Interest Payments on Its Convertible Unsecured Debentures - Reportify