Denarius Metals Announces Details for the October 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile·2025-10-29 21:00

Core Points - Denarius Metals Corp. announced details regarding the interest payments due on October 31, 2025, for its convertible unsecured debentures, specifically the 2023 Debentures and 2024 Debentures [1][2]. 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 361,572 shares at a rate of 0.018182 shares per CA$1.00 of principal [2]. - The total principal amount of the 2024 Debentures is CA$14,272,314, with an interest payment of CA$142,723, resulting in the issuance of 259,496 shares at the same rate of 0.018182 shares per CA$1.00 of principal [2]. - The combined total for both debentures amounts to CA$34,158,874 in principal and CA$341,589 in interest, leading to the issuance of a total of 621,068 shares [2]. Group 2: Company Overview - Denarius Metals is a Canadian junior mining company focused on the acquisition, exploration, development, and operation of precious metals and polymetallic mining projects in Colombia and Spain [5]. - The company commenced mining operations at its 100%-owned Zancudo Project in Colombia in Q2 2025, which is a high-grade gold-silver deposit [6]. - In Spain, Denarius Metals has interests in three projects, including the Aguablanca Project, recognized by the EU as a Strategic Project, and holds a 100% interest in both the Lomero Project and the Toral Project [8].