Denarius Metals Targets CA$20M with Convertible Units
Company Announcements

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.

For further insights into TSE:DMET stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Set to Acquire Spanish Toral Project
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Strikes High-Grade Gold and Silver
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Advances Low-Carbon Production and Funding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App