Cboe Canada has confirmed the listed class of 12 per cent convertible debentures of Denarius Metals Corp., set to mature on Oct. 19, 2029, have been called for early redemption by Denarius in accordance with the terms of the trust indenture dated Oct. 19, 2023, as amended and supplemented on Oct. 31, 2023, Dec. 31, 2024, June 18, 2025, and July 17, 2026. Pursuant to the trust indenture, Denarius delivered a notice of early redemption on July 21, 2026, to holders of the Series 1 debentures, and Denarius is expected to redeem all outstanding Series 1 debentures at the close of trading on July 31, 2026.

In connection with the redemption, Denarius is expected to issue a total of up to 131,595,014 common shares (or approximately 6.617284 common shares per $1 of principal amount of Series 1 debentures outstanding) to holders of the Series 1 debentures. To facilitate the redemption, trading in DMET.DB will be halted at the start of trading on the redemption date and special settlement (cash and same-day settlement) will apply on all trades as set out in the attached table.

Additional information can be found in Denarius's news releases dated July 16, 2026, and July 17, 2026, and the trust indenture, each of which is available on SEDAR+.

Security and trading information

Security name:  Denarius Metals 12 per cent convertible debenture

Symbol:  DMET.DB

Security type:  debentures

Cusip No.:  248233 AA 6

ISIN:  CA 248233 AA 6 1

Halt date:  July 31, 2026 (at the open)

Delisting date:  July 31, 2026 (at the close)