DENARIUS METALS DEBENTUREHOLDERS APPROVE INDENTURE AMENDMENTS AT MEETINGS HELD TODAY

Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF ) ("Denarius Metals" or the "Company") is pleased to announce that the resolutions put forth at each of the meetings held today for the holders (the "Series 1 Debentureholders") of the convertible unsecured debentures due October 19, 2029 (the "Series 1 Debentures") and the holders (the "Series 2 Debentureholders") of the convertible unsecured debentures due May 30, 2030 (the "Series 2 Debentures") were approved. Series 1 Debentureholders holding $18,150,365 Series 1 Debentures, being 91.27% of the outstanding Series 1 Debentures as at the record date, were represented by proxy at the meeting. Series 2 Debentureholders holding $11,878,328 Series 2 Debentures, being 83.35% of the outstanding Series 2 Debentures as at the record date, were represented by proxy at the meeting. In order to be effective, the resolutions required the affirmative vote of each of the Series 1 Debentureholders and Series 2 Debentureholders holding at least 66 2/3% of the principal amount of each of the Series 1 Debentures and Series 2 Debentures, respectively, represented at the applicable meeting. The detailed results of the votes for the matter presented at the meeting of the Series 1 Debentureholders are set out below: Item Description of Matter Outcome Voted Voted (%) 1. Approval of an extraordinary resolution to supplement the trust indenture dated October 19, 2023 between Denarius and TSX Trust Company, as amended and supplemented on October 31, 2023, December 31, 2024 and June 18, 2025 governing the Series 1 Debentures to give Denarius the right to redeem into its common shares all, but not less than all of the then outstanding Series 1 Debentures on July 31, 2026 and to make certain other payments and amendments, the full text of which resolution is set out in Schedule "A" of the management information circular dated June 15, 2026. Approved For $16,076,688 Against $2,073,667 88.575% 11.425% The detailed results of the votes for the matter presented at the meeting of Series 2 Debentureholders are set out below: Item Description of Matter Outcome Voted Voted (%) 1. Approval of an extraordinary resolution to supplement the trust indenture dated May 30, 2024 between Denarius and TSX Trust Company, as amended and supplemented on June 25, 2024, December 31, 2024 and June 18, 2025 governing the Series 2 Debentures to give Denarius the right to redeem into its common shares all, but not less than all of the then outstanding Series 2 Debentures on July 31, 2026 and to make certain other payments and amendments, the full text of which resolution is set out in Schedule "A" of the management information circular dated June 15, 2026. Approved For $11,878,328 Against $0 100.00 % 0 % Full details of the amendments to the Series 1 Debentures and Series 2 Debentures are set out in each of the management information circulars of the Company dated June 15, 2026, in respect of each of the meetings, which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and are posted on the Company's website at www.denariusmetals.com . The amendments remain subject to the approval of the shareholders of the Company and the approval of Cboe Canada. A special meeting of shareholders will be held by the Company on July 17, 2026, at 10:00 a.m. (Toronto Time). If the Company receives the necessary approvals, it expects to immediately exercise its early redemption option and settle certain interest and gold premium payments in common shares on July 31, 2026 for each of the Series 1 Debentures and Series 2 Debentures. About Denarius Metals Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Ma...