Denarius Metals Announces Closing of Rights Offering
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TORONTO, March 02, 2023 (GLOBE NEWSWIRE) — Denarius Metals Corp. (“Denarius Metals” or the “Company”) (TSXV: DSLV; OTCQB:DNRSF) is pleased to announce the completion of its rights offering (the “Rights Offering”), which expired at 4:30pm (Eastern Standard Time) on February 24, 2023. The Rights Offering resulted in the issuance of 20,762,188 units of the Company (“Units”) for total gross proceeds of approximately CA$8,304,875. Each Unit consists of one common share (a “Common Share”) and one transferrable common share purchase warrant (“Warrant”). Each Warrant entitles the holder to purchase one common share at a price of CA$0.60 per share until March 2, 2026.
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