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Denarius Metals Announces Details for the December 31, 2025 Interest Payments on its Convertible Unsecured Debentures
TORONTO, Dec. 23, 2025 /CNW/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the details for the for
About this update from Denarius Metals Corp.
[{"type":"text","content":" TORONTO, Dec. 23, 2025 /CNW/ - 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 December 31, 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 31, 2025 to holders of the 2023 Debentures and the 2024 Debentures in settlement of the monthly interest due on that date: 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 19,886,560 198,866 320,752 0.016129 2024 Debentures 14,272,314 142,723 223,197 0.016129 Total 34,158,874 341,589 550,949 (1) Issued and outstanding as of December 23, 2025. (2) Based on the closing price of the common shares on Cboe CA of CA$0.62 per share on December 16, 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 December 31, 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 141,092 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...