Denarius Metals Corp - Mining Stock Analysis & Updates

Denarius Metals Announces Final Results from the Infill Drilling Program Completed in 2024 at Its Zancudo Project in Colombia, Confirming High-grade Mineralization on Multiple Veins and the Discovery of a New Manto Vein at the Las Brisas Target

Denarius Metals Announces Start of Mining Operations at Zancudo Project; European Commission Recognizes the Aguablanca Project as a Strategic Project; Files 2024 Annual Filings on SEDAR+

Denarius Metals Corp. has begun mining at the Zancudo Project in Colombia, with first deliveries to Trafigura expected by late April 2025. The project is funded by a $9 million prepayment, and a processing plant will be operational by late 2025.

Denarius Metals Closes Non-Brokered Private Placement of Units for Gross Proceeds of Approximately CA$6.6 Million

Denarius Metals Corp. has completed a non-brokered private placement, raising CA$6,569,000 by issuing 13,138,000 Units at CA$0.50 each. The funds will support projects in Spain and general corporate costs. Insider Serafino Iacono increased his stake to 20.64%.

Denarius Metals Announces Further Update on Its Previously Announced Private Placement

Denarius Metals Corp. has canceled its planned brokered private placement due to market volatility and will instead conduct a non-brokered private placement of up to 13 million units at CA$0.50 each for up to CA$6.5 million, with proceeds funding projects in Spain.

Denarius Metals Announces Update on Its Previously Announced Private Placement

Denarius Metals Corp. announced an amended offering document for a private placement offering of up to CA$15 million, with sales under specific exemptions in Canada (excluding Québec). The offering does not include U.S. sales or registrations.

Denarius Metals Announces Update on Its Previously Announced Private Placement; Increases Offering up to CA$15,008,000

Denarius Metals Corp. announced a best efforts private placement to raise up to CA$15 million by selling Units at CA$0.56 each, with warrants for additional shares. The offering will close by March 12, 2025, and is aimed at various investor exemptions in Canada.

Denarius Metals Announces the Launch of a Non-Brokered Private Placement of Units for up to CA$4,480,000

Denarius Metals Corp. announced a non-brokered private placement of up to 8 million Units at CA$0.56 each, aiming to raise up to CA$4.48 million for projects in Spain. The offering includes common shares and warrants, with insider participation expected. Regulatory approvals are required.

Denarius Metals Announces Finalization of US$9,000,000 Prepayment Financing with Trafigura for Its Zancudo Project

Denarius Metals Corp. has secured a prepayment agreement with Trafigura for up to $9 million to fund its Zancudo Project completion in 2025. The deal includes a commercial agreement for gold-silver concentrate sales and involves issuing 3 million warrants to Trafigura.

Denarius Metals Announces Sale of 29% Interest in Rio Narcea Recursos, S.L. to JV Partners; Remains Operator; Maintains Right to Use Aguablanca Plant for Future Lomero and Toral Operations

Denarius Metals Corp. has sold a 29% stake in Rio Narcea Recursos, reducing its ownership to 21% and enhancing liquidity by settling a EUR 14.5 million obligation. This move aims to focus on operations at RNR's processing plant and Aguablanca mine in Spain.

Denarius Metals Announces Approval of Environmental Impact Study for Its Zancudo Project in Colombia; Preparing to Commence Mining Operations; Announces Management Update

Denarius Metals Corp. announced the approval of its Environmental Impact Study for the Zancudo Project in Colombia, allowing it to start mining operations. The company expects first production by the end of the quarter and plans to process material at Soma Gold's El Limon Mill.

Denarius Metals Announces Consent from Holders to Amend Terms of Its Convertible Unsecured Debentures

Denarius Metals Corp. announced it received consent from debenture holders to amend terms for its 2023 and 2024 convertible unsecured debentures, including delaying Gold Premium Payments and extending maturity dates. Final approval is pending from Cboe Canada.

Denarius Metals Announces Consent Solicitation Process to Amend Terms of Its Convertible Unsecured Debentures

Denarius Metals Corp. is seeking consent to amend trust indentures for its convertible debentures, totaling CA$33.1 million. Proposed changes include delaying gold premium payments and extending maturity dates, responding to delays in EIS approval for the Zancudo Project.

Denarius Metals Announces Third Quarter and First Nine Months 2024 Results

Denarius Metals Corp. has released its unaudited interim condensed consolidated financial statements and related analysis for the three and nine months ending September 30, 2024. The company, which has two mines in Colombia and Spain, spent approximately $9.5 million on exploration, development, and capital expenditures in the first nine months of 2024, including $7.4 million on its Zancudo Project. It also paid $8.1 million towards its acquisition of a 50% interest in Rio Narcea Recursos, and an additional $0.8 million to prepare for operations restart next year. The company raised $17.2 million through the sale of a net smelter in the first nine months of 2024 to

Denarius Metals Announces Closing of Acquisition of 100% Interest in the Toral Zn-Pb-Ag Project in Northern Spain

On November 12, 2024, Denarius Metals Corp. completed its acquisition of 100% of the shares of Europa Metals Iberia S.L. (EMI) from Europa Metals Ltd. EMI, which holds the Toral Zn-Pb-Ag Project in Northern Spain, is now a fully owned subsidiary of Denarius Metals. As part of the acquisition, Denarius issued 7,000,000 common shares to Europa and also acquired Europa's receivable for all amounts advanced to EMI, amounting to around EUR 3.7 million. Denarius Metals is a Canadian company involved in the acquisition, exploration, development, and operation of polymetallic mining projects, with interests in Spain and Colombia.

Denarius Metals Closes Non-Brokered Private Placement of Units for Gross Proceeds of Approximately CA$4.6 Million

Denarius Metals Corp. has completed a non-brokered private placement of units, raising CA$4,564,065. Each unit includes one common share and a half common share purchase warrant, with each full warrant allowing for the purchase of another common share for CA$0.85, valid until October 31, 2026. The proceeds will be used to fund the company's Zancudo Project in Colombia, Aguablanca Project in Spain, and for general corporate purposes. Mr. Serafino Iacono, the company's Executive Chairman and CEO, acquired 2,727,272 units, increasing his ownership to approximately 21.55% of the company's common shares.

Denarius Metals Corp Presentation Update - 2025-05-01 - Minimal Updates to...

Minor updates to Denarius Metals Corp's documentation with no material impact on financial data, resources, or operations; core outlook remains unchanged.

Denarius Metals Corp Presentation Update - 2025-04-25 - Minor Update with...

Denarius Metals' update involves minor edits with no significant changes to financial outlook, resource estimates, or strategic data, maintaining overall stability and confidence.