Wildeboer Dellelce Advises Denarius Metals on CA$12.625 Million Private Placement
Wildeboer Dellelce LLP acted as legal counsel to Denarius Metals Corp. (Cboe CA: DMET; OTCQX: DNRSF) on its CA$12.625 million private placement of 25,250,000 units at CA$0.50 per unit. Each unit included one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at CA$0.70 until November 19, 2028.
The private placement closed on November 19, 2025, and consisted of an offering of 20,000,000 units issued under the listed issuer financing exemption (LIFE exemption) for gross proceeds of CA$10,000,000 and a concurrent offering of 5,250,000 units issued under certain available exemptions provided by NI 45-106 – Prospectus Exemptions for gross proceeds of CA$2,625,000.
Denarius intends to use the net proceeds of the offering to exploration and development at its Zacundo Project in Colombia and for working capital and general corporate purposes.
Wildeboer Dellelce LLP acted for Denarius with a team comprising Peter Volk, Natalie Tershakowec, Brett Varrin, Jordan Stewart-Kuppek and Cassandra Richards (corporate/securities).
Latest News