Denarius Metals Provides Updates on Upcoming Interest Payments for Convertible Debentures
Denarius Metals Announces Upcoming Interest Payment Details
On December 23, 2025, Denarius Metals Corp., a key player in the mining industry, shared crucial information regarding the anticipated interest payments scheduled for December 31, 2025. These payments pertain to the company's convertible unsecured debentures, specifically the 2023 Debentures, maturing on October 19, 2029, and the 2024 Debentures, due on May 30, 2030. This announcement is significant for investors and stakeholders keen on understanding their financial commitments and potential returns.
Details of the Interest Payments
Denarius Metals presented a clear breakdown of the upcoming interest payment obligations. For the 2023 Debentures, which have a principal amount of CA$19,886,560, the total interest due is CA$198,866. Meanwhile, the 2024 Debentures, amounting to CA$14,272,314, will incur an interest payment of CA$142,723.
In total, Denarius Metals will pay out CA$341,589 in interest across both debenture series. This payment translates into about 550,949 common shares issued in satisfaction of the interest obligations—each share valued at a closing price of CA$0.62 as of December 16, 2025, the designated Monthly Measurement Date.
Breakdown of Principal Amounts and Shares Issued
| Debenture Type | Principal Amount (CA$) | Interest (CA$) | Shares to be Issued | Shares per CA$1.00 of Principal |
|---|---|---|---|---|
| ---- | ---- | --- | ---- | -------- |
| 2023 Debentures | 19,886,560 | 198,866 | 320,752 | 0.016129 |
| 2024 Debentures | 14,272,314 | 142,723 | 223,197 | 0.016129 |
| Total | 34,158,874 | 341,589 | 550,949 |
This issuance must receive acceptance from Cboe Canada, a necessary step for compliance and regulatory purposes. In line with these data, key executives including Mr. Serafino Iacono (Executive Chairman), Mr. Federico Restrepo-Solano (Director and CEO), among others, are slated to receive a total of 141,092 common shares as part of their interest settlement for the debentures they hold.
About Denarius Metals
Denarius Metals operates as a junior mining company that focuses on acquiring, exploring, and developing precious metals and polymetallic projects. The firm is actively involved in high-grade districts in Colombia and Spain, reflecting its commitment to expanding into lucrative mining opportunities.
In Colombia, Denarius commenced operations at its flagship Zancudo Project in the second quarter of 2025. This project features a high-grade gold-silver deposit that includes the historically significant Independencia mine, situated approximately 30 km southwest of Medellin. Furthermore, in Spain, Denarius has interests in several projects targeting critical minerals, underscoring its diverse mining portfolio.
Future Outlook and Risks
While Denarius Metals is optimistic about its trajectory, it acknowledges the inherent risks and uncertainties associated with mining operations and market conditions. The company has identified various risk factors detailed in its Annual Information Form, accessible on SEDAR+.
The future remains dynamic for Denarius Metals, as they navigate the landscape of mining amid fluctuating market demands and regulatory requirements. Investors are advised to keep abreast of forthcoming developments to gauge the company's performance and strategic direction effectively.
For more details about Denarius Metals and its extensive portfolio, visit their official website www.denariusmetals.com or check their profile on SEDAR+ at www.sedarplus.ca.
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Topics Financial Services & Investing）
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