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Denarius Metals Announces Details For The January 31, 2026 Interest Payments On Its Convertible Unsecured Debentures And The First Gold Premium Payments On Its 2023 Debentures
TORONTO, Jan. 29, 2026 /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, Jan. 29, 2026 /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 January 31, 2026 on its convertible unsecured debentures due October 19, 2029 (the \"2023 Debentures\") and May 30, 2030 (the \"2024 Debentures\") and the first quarterly gold premiums due on January 31, 2026 on its 2023 Debentures. Monthly Interest Payments The table below summarizes the details for the shares to be issued on February 2, 2026 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 19,886,560 198,866 284,094 0.014286 2024 Debentures 14,272,314 142,723 203,891 0.014286 Total 34,158,874 341,589 487,985 (1) Issued and outstanding as of January 28, 2026. (2) Based on the closing price of the common shares on Cboe Canada of CA$0.70 per share on January 16, 2026, the Monthly Measurement Date pursuant to the Third Supplemental Indentures for the 2023 Debentures and the 2024 Debentures. 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) (collectively, the \"Insiders\") will receive an aggregate of 124,967 common shares in settlement of the interest payable on their respective holdings of 2023 Debentures and 2024 Debentures. Gold Premiums on 2023 Debentures Commencing January 31, 2026, the Company will pay a quarterly gold premium on its 2023 Debentures when the London P.M. Fix exceeds the floor price of US$1,800 per ounce on the Quarterly Measurement Date. As the London P.M. Fix exceeded the maximum of US$4,000 per ounce on January 16, 2026, the gold premium rate for the quarterly gold premium payment due on January 31, 2026 is 30.556%, resulting in a gross amount of gold premiums payable of CA$6,076,537. After the deduction of certain non-resident withholding taxes payable by the Company in cash, the Company is issuing a total of 8,645,816 common shares on February 2, 2026 to holde...