Welcome to our dedicated page for Denarius Silver news (Ticker: DNRSF), a resource for investors and traders seeking the latest updates and insights on Denarius Silver stock.
Denarius Metals Corp. reports developments tied to its precious metals and polymetallic mining portfolio in Colombia and Spain. The company is a Canadian junior mining issuer with the producing Zancudo gold-silver mine in Colombia and the Aguablanca nickel-copper project in Spain, and its securities trade on Cboe Canada under DMET and on the OTCQX Market under DNRSF.
Recurring news includes operating and financial results, annual disclosure filings, material agreements, shareholder voting and governance matters, and capital-structure updates. Company announcements also cover convertible unsecured debenture interest payments, gold premium payments, warrant exercises, and portfolio-scale initiatives across gold, silver and critical-minerals projects.
Denarius Metals (OTCQX: DNRSF) reported second-quarter 2026 revenue of $4.9 million, bringing first-half 2026 revenue to $8.4 million, mainly from early production at the Zancudo Project in Colombia. Q2 2026 payable gold sales were 923 oz at an average realized gold price NG of $4,536/oz and total cash costs NG of $2,513/oz, generating gross profit of $1.9 million.
The company recorded Q2 2026 net income of $8.3 million ($0.04/share), versus a $5.0 million loss a year earlier, aided by a $15.5 million non-cash gain on financial instruments. First-half 2026 still showed a net loss of $10.1 million ($0.05/share).
As of June 30, 2026, cash was $18.9 million and total assets were $135.9 million, supported by $18.0 million from warrant exercises and $3.5 million drawn under the Zancudo Prepayment Facility with Trafigura. The facility was increased from $9 million to $16 million for exploration and mine development.
The company fully redeemed CA$34.2 million principal of Convertible Debentures on July 31, 2026 using common shares, improving adjusted working capital at June 30, 2026 to $12.8 million and eliminating an estimated CA$157 million of future gold premium and interest payments over four years. Denarius Metals also advanced a 15,100 m drilling campaign at Zancudo, progressed restart preparations at Spain’s Aguablanca Project via RNR financing initiatives, and agreed to acquire a 15.6% stake in Copper Giant Resources through a CA$28.8 million subscription funded by a share and warrant placement with Trafigura.
Denarius Metals (OTCQX: DNRSF) agreed a binding term sheet to lead a non-brokered private placement in Copper Giant Resources (OTCQB: LBCMF), subscribing for 40,000,000 shares at CA$0.72 for CA$28.8 million. On closing, Denarius Metals is expected to hold a 15.6% equity stake in Copper Giant and appoint its CEO, Federico Restrepo-Solano, to Copper Giant's advisory board. Denarius Metals, Frank Giustra and Ian Harris will enter two-year lock-ups.
To fund this, Denarius Metals plans a concurrent non-brokered private placement with Trafigura, raising about CA$28.8 million via 67,000,000 shares at CA$0.43 and 12,500,000 warrants at CA$0.60. On closing, Trafigura would own roughly 14.9% of Denarius Metals. Copper Giant separately granted Trafigura 10-year offtake rights to purchase 20% of copper and 20% of molybdenum concentrates from the Mocoa Project, an inferred resource of 1.1 billion tonnes at 0.51% CuEq containing 7.6 billion pounds of copper and 1.0 billion pounds of molybdenum. Both financings target closing on or about August 21, 2026, subject to definitive agreements and exchange and corporate approvals.
Denarius Metals (OTCQX: DNRSF) closed its previously announced transaction to retire all outstanding Series 1 debentures due October 19, 2029 and Series 2 debentures due May 30, 2030 via early redemption settled in equity. The company issued a total of 223,648,136 common shares to debentureholders, including 67,944,862 shares for debenture conversions, 146,456,832 shares for make-whole payments, 1,249,046 shares for consent fees, 416,356 shares for July 31, 2026 interest, and 7,581,040 shares for July 31, 2026 gold premium payments.
Denarius Metals now has 437,082,353 common shares outstanding and, including 54,915,698 warrants and 13,727,500 stock options, 505,725,551 shares on a fully diluted basis. Executive chairman Serafino Iacono now beneficially owns 80,742,573 shares (18.47% basic), and Aris Mining holds 59,607,235 shares (13.64% basic). Both will file early warning reports under Canadian securities rules.
Denarius Metals (OTCQX: DNRSF) reported second quarter and first half 2026 early production results from its Zancudo Project in Colombia. Q2 2026 shipments reached 3,907 tonnes, a 67% increase over Q1. Head grades averaged 11.3 g/t gold and 217.1 g/t silver, generating US$5.1 million in Q2 revenue.
According to Denarius Metals, first half 2026 revenue totaled US$8.6 million, compared with US$1.7 million for full-year 2025. Early production, based on artisanal mining and sales of run-of-mine material to Trafigura under a long-term offtake, is expected to continue through Q3 2026 while mine development and a new 1,000 tpd processing plant advance toward producing gold-silver concentrates by Q4 2026.
Denarius Metals (Cboe CA: DMET, OTCQX: DNRSF) reports that shareholders approved a Transaction Resolution at a July 17, 2026 special meeting. The approval covers issuing more than 25% new common shares and potential share issuances tied to amendments of its Series 1 (2029) and Series 2 (2030) convertible unsecured debentures.
According to Denarius Metals, 54.78% of outstanding shares were represented by proxy and about 97.47% of eligible votes supported the resolution under minority approval rules. The board then resolved to exercise an early redemption option and settle certain interest and gold premium payments in shares, expecting to issue approximately 225,488,319 common shares on July 31, 2026, subject to Cboe Canada approval.
Denarius Metals (OTCQX: DNRSF) reported that debentureholders approved amendments to the indentures governing its Series 1 convertible debentures due October 19, 2029 and Series 2 convertible debentures due May 30, 2030. According to Denarius Metals, 91.27% of outstanding Series 1 principal ($18.15 million) and 83.35% of Series 2 principal ($11.88 million) were represented by proxy.
Series 1 holders voted 88.575% in favor ($16.08 million) and 11.425% against ($2.07 million). Series 2 holders voted 100% in favor ($11.88 million). The amendments grant Denarius the right to redeem all outstanding Series 1 and Series 2 debentures into common shares on July 31, 2026 and provide for certain other payments and changes. The amendments remain subject to shareholder approval and Cboe Canada approval. A special shareholder meeting is scheduled for July 17, 2026, and, if approvals are obtained, Denarius expects to exercise the early redemption option and settle certain interest and gold premium payments in common shares on July 31, 2026.
Denarius Metals (OTCQX: DNRSF) reported initial results from its 2026 in-fill drilling at the Las Brisas target within the Zancudo project in Colombia.
Four surface holes (~660 m) confirmed high-grade gold-silver mineralization in the Manto Antiguo and Santa Catalina structures, supporting ongoing resource modelling and mine-planning ahead of a 1,000 tpd plant start-up expected in Q3 2026.
Denarius Metals (OTCQX:DNRSF) is mailing meeting materials for a consent solicitation to amend its convertible debenture indentures. The Amendments would allow early redemption of Series 1 and Series 2 Debentures and settlement of July 31, 2026 interest and gold premium partly in common shares.
If approved, Denarius Metals may redeem the Debentures on July 31, 2026 by issuing about 225.5 million shares, retiring CA$19.9M Series 1 and CA$14.3M Series 2 principal plus related payments. The Transaction is a related party transaction under MI 61-101 and requires debentureholder, minority shareholder, and Cboe Canada approvals.
Denarius Metals (OTCQX: DNRSF) increased its prepayment facility with Trafigura from US$9M to US$16M. Up to US$7M in new funding will support exploration drilling and a new portal and 600 m ramp at the Zancudo Project, targeting new mining fronts by mid-2027.
The company received US$3.5M as a Third Advance, bringing total financing drawn, including capitalized interest, to US$9M. Denarius Metals will issue 3,000,000 warrants at CA$1.00, expiring December 8, 2028, subject to Cboe Canada approval.
Denarius Metals (OTCQX: DNRSF) reported the voting results of its Annual General and Special Meeting held June 3, 2026. Shareholders representing 126,393,906 shares, or 61.69% of outstanding shares, were represented by proxy.
Shareholders approved fixing the board at seven directors, elected all nominated directors, and approved the appointment of KPMG LLP as auditor.