TORONTO, CANADA (By Denarius Metals, 31.Jul.2026, Words: 207) — Denarius Metals Corp. closed the previously announced transaction to retire its convertible unsecured debentures due 19 Oct. 2029 (the “Series 1 Debentures”) and its convertible unsecured debentures due 30 May 2030 (the “Series 2 Debentures”, and together with the Series 1 Debentures, the “Debentures”) through an early redemption completed today.
Pursuant to the transaction, the company issued a total of 223,648,136 common shares to debentureholders, including:
— a total of 67,944,862 common shares to effect the conversions of the Debentures;
— a total of 146,456,832 common shares for the make whole payments and a total of 1,249,046 common shares for the consent fees, both associated with the early redemption of the Debentures;
— a total of 416,356 common shares to settle the monthly interest payments on the Debentures due on 31 Jul. 2026; and
— a total of 7,581,040 common shares to settle the quarterly gold premium payments on the Series 1 Debentures due on 31 Jul. 2026.
As of today, the company has a total of 437,082,353 common shares issued and outstanding. In addition, a total of 54,915,698 warrants and 13,727,500 stock options are issued and outstanding, resulting in a total of 505,725,551 common shares issued and outstanding on a fully diluted basis.
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