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Denarius Metals Announces Details for the October 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Toronto, Ontario--(Newsfile Corp. - October 29, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced toda
About this update from Denarius Metals Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - October 29, 2025) - 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 October 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 to holders of the 2023 Debentures and 2024 Debentures on October 31, 2025 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 Sharesper CA$1.00 of Principal 2023 Debentures 19,886,560 198,866 361,572 0.018182 2024 Debentures 14,272,314 142,723 259,496 0.018182 Total 34,158,874 341,589 621,068 (1) Issued and outstanding as of October 28, 2025.(2) Based on the closing price of the common shares on Cboe CA of CA$0.55 per share on October 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 October 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 159,051 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 un...