Denarius Metals Corp (TSE:DMET) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Denarius Metals Corp. has initiated a consent solicitation process to amend the terms of its convertible unsecured debentures. The proposed amendments aim to extend the maturity dates and delay the gold premium payments, aligning these with the Zancudo Project’s anticipated cash flow following environmental approval. This strategy is designed to ensure financial stability and offer debenture holders potential returns through interest payments and convertibility.
For further insights into TSE:DMET stock, check out TipRanks’ Stock Analysis page.
