Denarius Metals Initiates Consent Solicitation to Retire Convertible Debentures

Denarius Metals initiated a consent solicitation process on Wednesday to retire its outstanding convertible debentures. The company aims to improve its liquidity position as it continues the development of its gold, silver, and critical minerals projects located in Colombia and Spain.

The solicitation process seeks approval from debenture holders to amend the terms of the existing debt instruments. By retiring these debentures, the company intends to restructure its balance sheet and provide more financial flexibility for its ongoing mining operations. Denarius Metals currently manages several exploration and development assets, including the Lomero-Poyatos project in Spain and the Zancudo project in Colombia. The company expects this move to support its long-term capital requirements as it advances these sites toward production.

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Date: June 3, 2026

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