Denarius Metals Announces Distribution Of Meeting Materials For Its Consent Solicitation Process To Retire Its Convertible Debentures

About this update from Denarius Metals Corp.

TORONTO, June 25, 2026 /CNW/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today that, further to its press release dated June 3, 2026, it has commenced mailing of the meeting materials to the holders of each series of its convertible unsecured debentures (collectively, the "Debentures") and to the Company's shareholders in respect of the consent solicitation process to approve certain amendments (the "Amendments") to the trust indentures for its Debentures. The Amendments will give the Company the right to carry out an early redemption of the Debentures and to settle the interest and gold premium payments due on July 31, 2026 by way of common shares (the "Transaction"). The special meetings will be held on: July 16, 2026 virtually at 10:00am (Toronto time) for holders of convertible unsecured debentures due October 19, 2029 ("Series 1 Debentures") via live audio webcast at: https://virtual-meetings.tsxtrust.com/1952; July 16, 2026 virtually at 11:00am (Toronto time) for holders of convertible unsecured debentures due May 30, 2030 ("Series 2 Debentures") via live audio webcast at: https://virtual-meetings.tsxtrust.com/1953; and, July 17, 2026 at 10:00am (Toronto time) for shareholders via live audio webcast at: https://virtual-meetings.tsxtrust.com/1951. To approve the Amendments, a quorum representing at least 25% of the principal amount of the Debentures must be present at each meeting of holders of Debentures, of which at least 66 2/3% of the principal amount each of the Series 1 Debentures and Series 2 Debentures must approve an extraordinary resolution at their respective meetings. If either or both of the Series 1 Debentures or Series 2 Debentures approve the extraordinary resolution, the Company's shareholders will then be asked to approve a special resolution, which must be approved by a simple majority of shareholders attending the meeting, excluding any votes cast by certain insiders of the Company pursuant to MI 61-101 (as discussed below). The meeting materials, including the form of proxies and management information circulars, are available under the Corporation's profile on SEDAR+ at www.sedarplus.ca and are posted on the Company's website at www.denariusmetals.com. All holders of the Debentures and the shareholders as of the close of business on June 15, 2026, being the...

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