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Denarius Metals Announces Details for the September 30, 2025 Interest Payments on Its Convertible Unsecured Debentures
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced to
About this update from Denarius Metals Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - September 26, 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 September 30, 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 1, 2025 in settlement of the monthly interest due September 30, 2025: Principal Amount ofDebentures (1)(CA$) Interest(CA$) Number ofShares tobe Issued (2) Number of Sharesper CA$1.00 ofPrincipal 2023 Debentures Total before the following 19,521,000 195,210 305,016 0.015625 Consent Fee Debentures (3) 365,560 3,656 5,711 0.015625 Total issued & outstanding 19,886,560 198,866 310,727 2024 Debentures Total before the following 13,999,860 139,999 218,749 0.015625 Consent Fee Debentures (3) 272,454 2,724 4,257 0.015625 Total issued & outstanding 14,287,314 142,723 223,006 Total 34,158,874 341,589 533,733 (1) Issued and outstanding as of September 25, 2025.(2) Based on the closing price of the common shares on Cboe CA of CA$0.64 per share on September 15, 2025, the Monthly Measurement Date pursuant to the Third Supplemental Indentures for the 2023 Debentures and the 2024 Debentures.(3) The Consent Fee Debentures were issued on June 18, 2025 pursuant to the consent solicitation process and are currently subject to a statutory four month hold period. As such, the common shares to be issued in settlement of the interest thereon will be subject to the same hold period. The issuance of the common shares in settlement of the interest payable on the debentures due September 30, 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 136,683 common shares in settlement of the interest payable on their respective holdings of 2023 Deb...