Denarius Metals Targets CA$20M with Convertible Units

Denarius Metals Corp (TSE:DMET) has released an update.

Denarius Metals Corp. has announced a private placement aiming to raise up to CA$20 million through the sale of convertible debenture units, each coupled with share purchase warrants. The funds raised are slated for the development of its Aguablanca Project and other corporate needs, including initial interest payments. Investors are enticed with a gold-linked return and the option to convert debentures into company shares.

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