#Canada #Toronto #Denarius Metals #DMET #Gold Premium

Denarius Metals Plans Major Payments for January 31, 2026

Denarius Metals Corp., trading under the ticker symbols Cboe CA: DMET and OTCQX: DNRSF, has recently disclosed critical updates concerning its financial obligations due on January 31, 2026. This announcement provides details regarding the monthly interest payments associated with its convertible unsecured debentures, as well as the first-ever quarterly gold premium payments tied to its 2023 debentures.

Overview of Payments

The company is set to make monthly interest payments on its two main debentures: the 2023 Debentures, maturing on October 19, 2029, and the 2024 Debentures, scheduled to mature on May 30, 2030. The details are as follows:

• - 2023 Debentures:

- Principal Amount: CA$19,886,560
- Interest Due: CA$198,866
- Shares to be Issued: 284,094

• - 2024 Debentures:

- Principal Amount: CA$14,272,314
- Interest Due: CA$142,723
- Shares to be Issued: 203,891

In total, Denarius Metals anticipates issuing 487,985 shares in substitution for the combined interest payouts due on this date, based on the closing share price of CA$0.70 on January 16, 2026.

Gold Premium Payments

In addition to the interest payments, the company will also initiate its first quarterly gold premium payment tied to its 2023 Debentures. This payment is specifically triggered when the London P.M. Fix price exceeds a floor threshold of US$1,800 per ounce. Recent market activity has led the gold price to surpass US$4,000 on January 16, 2026, suggesting a gold premium rate of 30.556%. As a result, Denarius Metals anticipates gross premium payments amounting to CA$6,076,537.

Following necessary tax deductions, the company plans to issue a total of 8,645,816 shares on February 2, 2026, to settle the net gold premiums payable. Notably, insiders, including Executive Chairman Serafino Iacono and other executives, will collectively receive 124,967 common shares in respect of their 2023 and 2024 debenture holdings.

The Future of Denarius Metals

As a junior mining firm, Denarius Metals is engaged in the development and operation of high-grade mining projects, focusing primarily on precious metals and polymetallic resources in regions like Colombia and Spain. Currently, the company is advancing in its Zancudo Project, where early production of gold and silver is underway, alongside the construction of a 1,000-tonne-per-day processing plant expected to commence operations by the third quarter of 2026.

The company's projects are not limited to precious metals; it has significant interests in critical mineral projects in Spain, including the Aguablanca Project, recognized as a strategic initiative by the EU.

For more insights into Denarius Metals and to monitor future developments, stakeholders can view additional information on the official website at denariusmetals.com and on SEDAR+ at sedarplus.ca.

Conclusion

The upcoming payments illustrate Denarius Metals' commitment to fulfilling its financial commitments to investors while simultaneously making strides in its mining projects. As the landscape of precious metals evolves, Denarius remains a key player, positioning itself strategically for future success in both the Canadian and European markets.