Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) announced today the launch of a non-brokered private placement of up to 12,000,000 Units of the Company at a price of CA$0.50 per Unit for gross proceeds of up to CA$6,000,000. Each Unit will consist of one common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CA$0.70 per common share at any time on or before that date which is 36 months after the closing date. Each Warrant is exercisable beginning 60 days following the closing date of the Offering. It is anticipated that the closing of the Offering will occur on or prior to November 26, 2025.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions, the Units will be offered for sale to purchasers resident in Canada, except Québec, pursuant to one or more of the following exemptions from the prospectus requirement under NI 45-106: (i) the listed issuer financing exemption under Part 5A of NI 45-106, as modified by and in reliance on the exemptions set out in Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption; and (ii) other available exemptions under NI 45-106.

The Company intends to use the net proceeds of the Offering to fund exploration and development at the Company’s Zancudo Project in Colombia and for working capital and general corporate purposes. Completion of the Offering is subject to regulatory approvals, as applicable, including Cboe Canada.

There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and at the Company’s website at www.denariusmetals.com. Prospective investors should read this offering document before making an investment decision.

No U.S. Offering or Registration

The Company may also offer the Units for sale pursuant to exemptions from the prospectus requirement under Ontario Securities Commission Rule 72-503 – Distributions Outside of Canada in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in certain other jurisdictions outside of Canada and the U.S. provided it is understood that no prospectus filing or comparable obligation, ongoing reporting requirement or requisite regulatory or governmental approval arises in such other jurisdictions.

The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

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 recently commenced mining operations 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 recently 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.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

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