#Canada #Toronto #Convertible Debentures #Denarius Metals #Interest Payments

Denarius Metals Sets the Stage for Interest Payments

Denarius Metals Corp., a Canadian mining company listed on Cboe Canada as DMET and OTCQX as DNRSF, has announced crucial information regarding its upcoming interest payments due on May 31, 2026. These payments pertain to their convertible unsecured debentures, which have maturity dates on October 19, 2029, and May 30, 2030. This announcement is pivotal for investors who hold these debentures, as it gives detailed insight into the shares they are set to receive in lieu of monthly interest payments.

Payment Breakdown

On June 1, 2026, Denarius Metals will issue shares to debenture holders to account for the interest due on the May settlement date. The breakdown of the principal amounts, interest payable, and shares to be issued is as follows:

• - 2023 Debentures:

- Principal Amount: CA$19,886,560
- Interest Payable: CA$198,866
- Shares to be Issued: 251,729 shares (0.012658 shares per CA$1.00 of principal)

• - 2024 Debentures:

- Principal Amount: CA$14,251,506
- Interest Payable: CA$142,515
- Shares to be Issued: 180,400 shares (0.0012658 shares per CA$1.00 of principal)

In summary, a total of 34,138,066 in principal will result in 341,381 CA$ interest, leading to 432,129 shares to be issued.

Insiders' Share Allocations

Notably, members of the company’s management team, referred to as insiders, will collectively receive 110,731 common shares as compensation for their holdings in the convertible debentures. This distribution underscores the confidence these leaders have in the company's financial strategy.

Company Overview

Founded to engage in the exploration and operation of precious metals and polymetallic projects, Denarius Metals is strategically positioned in two high-grade regions: Colombia and Spain. Their Zancudo Project in Colombia is already in the production stages, focusing on high-grade gold and silver extraction with plans to further enhance its operations. A processing plant expected to commence operations by the third quarter of 2026 will significantly boost output.

In Spain, Denarius shows promise with three projects, driven by the growing demand for critical minerals. This includes their Aguablanca Project, which has been recognized by the European Union for its strategic importance. The operable 5,000 tonnes per day processing plant is a key asset for the company, ensuring a steady supply chain for their operations.

The growth trajectory of Denarius Metals is evident as they position themselves in markets that continue to show potential for high returns on investment. With the announcements regarding the interest payments, investors can witness the company's ongoing commitment to transparency and shareholder value.

Conclusion

Denarius Metals remains vigilant and adaptable in its approach towards the exploration and extraction of critical minerals. The structured payout on convertible debentures emphasizes their commitment to managing investor relations effectively and maintaining stable operations in a competitive market. Those interested in more details can access updates on Denarius Metals via their official website or SEDAR+ profiles.

This proactive stance illustrates Denarius's dedication to its stakeholders, even amid a fluctuating market environment.