The Prospector News

Denarius Metals Announces Details for the September 30, 2025 Interest Payments on Its Convertible Unsecured Debentures

You have opened a direct link to the current edition PDF

Open PDF Close
Slider

Share this news article

Denarius Metals Announces Details for the September 30, 2025 Interest Payments on Its Convertible Unsecured Debentures

 

 

 

 

 

Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) announced the details for the forthcoming monthly interest payments due on September 30, 2025 on its convertible unsecured debentures due October 19, 2029 and May 30, 2030.

 

The table below summarizes the details for the shares to be issued to holders of the 2023 Debentures and 2024 Debentures on October 1, 2025 in settlement of the monthly interest due September 30, 2025:

 

Principal Amount of
Debentures (1)
(CA$)
Interest

(CA$)
Number of
Shares to
be Issued (2)
Number of Shares
per CA$1.00 of
Principal
         
2023 Debentures
Total before the following 19,521,000 195,210 305,016 0.015625
Consent Fee Debentures (3) 365,560 3,656 5,711 0.015625
Total issued & outstanding 19,886,560 198,866 310,727
         
2024 Debentures
Total before the following 13,999,860 139,999 218,749 0.015625
Consent Fee Debentures (3) 272,454 2,724 4,257 0.015625
Total issued & outstanding 14,287,314 142,723 223,006
         
Total 34,158,874 341,589 533,733

 

(1) Issued and outstanding as of September 25, 2025.
(2) Based on the closing price of the common shares on Cboe CA of CA$0.64 per share on September 15, 2025, the Monthly Measurement Date pursuant to the Third Supplemental Indentures for the 2023 Debentures and the 2024 Debentures.
(3) The Consent Fee Debentures were issued on June 18, 2025 pursuant to the consent solicitation process and are currently subject to a statutory four month hold period. As such, the common shares to be issued in settlement of the interest thereon will be subject to the same hold period.

 

The issuance of the common shares in settlement of the interest payable on the debentures due September 30, 2025 is subject to the acceptance of Cboe Canada.

 

Mr. Serafino Iacono (Executive Chairman), Mr. Federico Restrepo-Solano (Director and CEO), Mr. Michael Davies (Chief Financial Officer) and Ms. Amanda Fullerton (General Counsel and Secretary) will receive an aggregate of 136,683 common shares in settlement of the interest payable on their respective holdings of 2023 Debentures and 2024 Debentures.

 

About Denarius Metals

 

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol “DMET”. The Company also trades on the OTCQX Market in the United States under the symbol “DNRSF”.

 

In Colombia, Denarius Metals commenced mining operations in the second quarter of 2025 at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin.

 

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

 

Posted September 26, 2025

Share this news article

MORE or "SLIDER"


Jeff Christian – “Gold and Silver At Record Levels: More To Come?” (Video)

In this presentation, Jeffrey Christian of CPM Group provides a m... READ MORE

September 27, 2025

Under the Spotlight – Malcolm Dorsey CEO Torr Metals

Introduction The mining industry is on the hunt for large copper ... READ MORE

September 26, 2025

Blue Lagoon Receives First Delivery of Blasting Material at Dome Mountain, Underground Mining Commences

Blue Lagoon Resources Inc. (CSE: BLLG) (OTCQB: BLAGF) (FSE:... READ MORE

September 26, 2025

Maple Gold Announces Upsize of Brokered LIFE Offering to $13 Million

Maple Gold Mines Ltd. (TSX-V: MGM) is pleased to announce that it... READ MORE

September 25, 2025

Copyright 2025 The Prospector News