Denarius Metals Closes Life Offering of Units for Gross Proceeds of CA$6.75 Million

Counsel to Stifel Nicolaus Canada Inc. in connection with Denarius Metals' C$6.75 million unit offering

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Denarius Metals Corp. (Denarius Metals) completed a “best efforts” agency basis private placement led by Stifel Nicolaus Canada Inc. (Stifel) as agent. Denarius issued a total of 12,280,309 units at C$0.55 per unit for gross proceeds of C$6,754,169.95. Each unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of C$0.66 per common share at any time on or before June 20, 2030.

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.

Stifel is an investment banking firm headquartered in Toronto. The firm provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors.

Miller Thomson acted for Stifel with a team comprised of Andrew Powers, Mack Hosseinian, Florind Polo, and Connor Broude (Corporate/M&A).

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