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Denarius Metals Announces Details For The March 31, 2026 Interest Payments on its Convertible Unsecured Debentures
TORONTO, March 27, 2026 /CNW/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the details for the fo
About this update from Denarius Metals Corp.
[{"type":"text","content":" TORONTO, March 27, 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 March 31, 2026 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 March 31, 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 tobe Issued (2) Number of Shares per CA$1.00 of Principal 2023 Debentures 19,886,560 198,866 228,580 0.011494 2024 Debentures 14,272,314 142,723 164,049 0.011494 Total 34,158,874 341,589 392,630 (1) Issued and outstanding as of March 27, 2026. (2) Based on the closing price of the common shares on Cboe Canada of CA$0.87 per share on March 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 100,524 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 is producing gold and silver in an \"early production\" phase at its 100%-owned Zancudo Project while it completes construction a 1,000 tonnes per day processing plant that is expected to start producing high-grade gold-silver concentrates by the third quarter of 2026. The Zancudo Project is a high-grade gold-silver deposit, which includes th...