Mr. Michael Davies reports

DENARIUS METALS ANNOUNCES NON-BROKERED LIFE OFFERING OF UNITS

Denarius Metals Corp. has launched a non-brokered private placement of up to 12 million units of the company at a price of 50 cents per unit for gross proceeds of up to $6-million. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of 70 cents per common share at any time on or before that date that is 36 months after the closing date. Each warrant is exercisable beginning 60 days following the closing date of the offering. It is anticipated that the closing of the offering will occur on or prior to Nov. 26, 2025.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, the units will be offered for sale to purchasers resident in Canada, except Quebec, pursuant to one or more of the following exemptions from the prospectus requirement under NI 45-106: (i) the listed issuer financing exemption under Part 5A of NI 45-106, as modified by and in reliance on the exemptions set out in Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption; and (ii) other available exemptions under NI 45-106.

The company intends to use the net proceeds of the offering to finance exploration and development at the company's Zancudo project in Colombia and for working capital and general corporate purposes. Completion of the offering is subject to regulatory approvals, as applicable, including Cboe Canada.

There is an offering document related to the offering that can be accessed under the company's profile on SEDAR+ and at the company's website. Prospective investors should read this offering document before making an investment decision.

No U.S. offering or registration

The company may also offer the units for sale pursuant to exemptions from the prospectus requirement under Ontario Securities Commission Rule 72-503, Distributions Outside of Canada in the United States, pursuant to available exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended, and in certain other jurisdictions outside of Canada and the U.S. provided it is understood that no prospectus filing or comparable obligation, continuing reporting requirement, or requisite regulatory or governmental approval arises in such other jurisdictions.

About Denarius Metals Corp.

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. Denarius Metals is listed on Cboe Canada, where it trades under the symbol DMET. The company also trades on the OTCQX market in the United States under the symbol DNRSF.

In Colombia, Denarius Metals recently commenced mining operations at its 100-per-cent-owned Zancudo project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca belt, about 30 kilometres southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The company owns a 21-per-cent interest in Rio Narcea Recursos SL and is the operator of its Aguablanca project, which has recently been recognized by the European Union as a strategic project. The Aguablanca project comprises a turnkey 5,000-tonne-per-day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100-per-cent interest in the Lomero project, a polymetallic deposit located on the Spanish side of the prolific copper-rich Iberian pyrite belt, approximately 88 kilometres southwest of the Aguablanca project, and a 100-per-cent interest in the Toral project, a high-grade zinc-lead-silver deposit located in the Leon province, northern Spain.

We seek Safe Harbor.