Denarius Metals Corp.

Mining activities have commenced at the Zancudo Project in Colombia. Early production is being stockpiled by the mine contractor and first deliveries to Trafigura will take place at the end of April. Construction activities at the Zancudo Project are fully funded by a $9 million prepayment financing arranged with Trafigura; the Company's 1,000 tonnes per day processing plant will be operational by the fourth quarter of [...]

Denarius Metals announced today that it has closed its previously announced non-brokered private placement, issuing a total of 13,138,000 Units at CA$0.50 per Unit for gross proceeds of CA$6,569,000. Each Unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of CA$0.60 per common share at any time on or before March [...]

Denarius Metals Corp. announced today that, in light of current volatile market conditions, it has terminated the previously announced best efforts brokered private placement. The Company will proceed with a non-brokered private placement of up to 13,000,000 Units of the Company at a price of CA$0.50 per Unit for gross proceeds of up to CA$6,500,000 . Each Unit will consist of one common share and one common share [...]

Denarius Metals Corp. announced today that it has filed an amended and restated offering document related to the Company's brokered private placement offering announced on February 20, 2025 of up to CA$15,008,000 . Up to 11,763,000 Units to be sold pursuant to the Offering, representing gross proceeds of up to CA$6,587,280, will be offered by way of the "listed issuer financing" exemption under Part 5A under National [...]

Denarius Metals Corp. announced today that, in response to significant investor demand, it has entered into an agreement with SCP Resource Finance LP to act as lead agent and bookrunner on behalf of a syndicate of agents in connection with a best efforts private placement for gross proceeds of up to CA$15,008,000 from the sale of up to 26,800,000 Units of the Company at a price of CA$0.56 per Unit . Each Unit will consist [...]

Denarius Metals Corp. announced today the launch of a non-brokered private placement of up to 8,000,000 Units of the Company at a price of CA$0.56 per Unit for gross proceeds of up to CA$4,480,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder to purchase one common share of the Company at a price of CA$0.74 per common share at any time on or [...]

Denarius Metals Corp. announced today that it has finalized a prepayment agreement with Trafigura Pte. Ltd. , a leading global commodities group, pursuant to which the Company will receive up to US$9,000,000 from Trafigura that will fully fund the completion of the construction activities at its Zancudo Project in 2025. In April 2024, the Company signed a commercial agreement with Trafigura for the sale at market prices [...]

Denarius Metals announced today that it has sold a 29% interest in Rio Narcea Recursos, S.L. to the other shareholders of RNR, reducing its equity interest in RNR to 21% and improving its financial liquidity by settling the remaining EUR 14.5 million amount payable to the RNR Shareholder Group associated with the initial acquisition of a 50% interest in RNR in late 2023. RNR owns a 5,000 tonnes per day processing plant [...]

Denarius Metals announced today that it has received approval of its Environmental Impact Study for the Zancudo Project from Corantioquia, the local environmental authority in Colombia. With the approval of the EIS, the Company is now able to commence mining operations at its Zancudo Project. Serafino Iacono, Executive Chairman of Denarius Metals, commented, "We are excited to reach this very important milestone for our [...]

Denarius Metals Corp. announced today that it has received the required consents from holders to approve certain amendments to the trust indentures for its convertible unsecured debentures. The Company has an aggregate principal amount of CA$19,252,000 of convertible unsecured debentures issued and outstanding under a trust indenture dated October 19, 2023, as amended and supplemented on October 31, 2023 and an aggregate [...]