#Canada #Toronto #Convertible Debentures #Denarius Metals #Gold Premiums

Denarius Metals Details on Interest Payments and Gold Premiums

Denarius Metals Corp., a noteworthy player in the mining sector, announced significant updates regarding its financial obligations. As of April 30, 2026, the company is set to make interest payments on its convertible unsecured debentures as well as gold premium payments under their existing terms. This announcement aims to inform shareholders and interested parties about the forthcoming financial engagements involving their debentures.

Monthly Interest Payments Overview

On April 30, 2026, Denarius Metals will honor its monthly interest commitments for two of their debentures: the 2023 Debentures that mature on October 19, 2029, and the 2024 Debentures maturing on May 30, 2030. Here's a brief summary of the details:


The total issuance will provide an additional 375,373 common shares based on the calculated interest. The figure is derived from the shares' closing price of CA$0.91 as observed on April 15, 2026.

Insights on Gold Premium Payments

In conjunction with the interest payments, Denarius Metals will also fulfill its obligations regarding the quarterly gold premium payments due for the 2023 Debentures. Starting from January 31, 2026, the company is committed to paying a premium when the London P.M. Fix price exceeds US$1,800 per ounce during the quarterly measurement date. The situation played favorably as the price surpassed US$4,000 on April 15, 2026, prompting a gold premium rate of 30.556%. This translates to an impressive gross amount of CA$6,076,537 in gold premiums to be distributed on April 30, 2026.

As part of this payment strategy, Denarius Metals plans to issue 6,651,313 common shares to holders of the 2023 Debentures, which translates to an equitable distribution of shares based on the gold premium payable. Furthermore, insiders connected with Denarius Metals will collectively receive 684,019 common shares concerning their holdings.

Future Implications

Both the interest payments and the gold premium distributions reflect Denarius Metals’ strong financial strategies and their commitment to retaining shareholder confidence. The management, including key figures like Executive Chairman Mr. Serafino Iacono, CEO Mr. Federico Restrepo-Solano, and CFO Mr. Michael Davies, has been actively engaged in updating stakeholders about these developments.

This strategic move enhances the company’s standing in the market and affirms its commitment to excellence in managing its financial dealings. The issuance of shares related to the interest payments and gold premiums is pending acceptance from Cboe Canada, which underscores the need for compliance and approval in any corporate financial actions.

About Denarius Metals

Denarius Metals specializes in mining projects, focusing on precious metals and critical minerals in Colombia and Spain. With operations in the Zancudo Project and interests in several other strategic mining projects, Denarius seeks to deliver value through high-grade mining initiatives. For ongoing updates, shareholders are encouraged to visit Denarius's official website or review disclosures available on SEDAR+.

In conclusion, Denarius Metals has laid out a comprehensive plan for its upcoming financial obligations, demonstrating a proactive approach to stakeholder engagement and corporate responsibility. Investors should remain attuned to further updates as these distributions approach.

For more information, please visit Denarius Metals' Website.