Denarius Metals Completes CA$6.75 Million Private Placement Offering

Denarius Metals has closed a life offering of units for gross proceeds of approximately CA$6.75 million. The company plans to use the net proceeds for its projects in Spain, including the advancement of scoping and site administration costs, and for general corporate purposes. The offering consisted of 12,280,309 units at CA$0.55 per unit, with each unit consisting of one common share and one common share purchase warrant.

Denarius Metals Corp. (Cboe CA: DMET; OTCQX: DNRSF) has successfully closed a life offering of units, raising approximately CA$6.75 million in gross proceeds. The offering was led by Stifel Nicolaus Canada Inc. and consisted of 12,280,309 units priced at CA$0.55 per unit. Each unit included one common share and one common share purchase warrant [2].

The net proceeds from the offering will be allocated to various projects in Spain, including the advancement of scoping and site administration costs, as well as general corporate purposes. The company's issued and outstanding common shares now total 121,791,730 shares [2].

The offering was completed under the "listed issuer financing" exemption under Part 5A of National Instrument 45-106, making the units freely tradeable under applicable Canadian securities legislation upon closing [2].

Denarius Metals is a junior mining company focused on precious metals and polymetallic mining projects in Colombia and Spain. The company's recent activities include the commencement of mining operations at its Zancudo Project in Colombia and the recognition of its Aguablanca Project in Spain as a Strategic Project by the European Commission [3].

References:
[1] https://www.stocktitan.net/news/DNRSF/denarius-metals-announces-details-for-the-june-30-2025-interest-zsfuhlqnshao.html
[2] https://www.tradingview.com/news/reuters.com,2025-06-20:newsml_NFC66VBgQ:0-denarius-metals-closes-life-offering-of-units-for-gross-proceeds-of-approximately-ca-6-75-million/
[3] https://www.newsfilecorp.com/company/9396/Denarius-Metals-Corp.