DENARIUS METALS ANNOUNCES CONSENT SOLICITATION PROCESS TO RETIRE ITS CONVERTIBLE DEBENTURES TO STRENGTHEN ITS LIQUIDITY AS IT DEVELOPS ITS GOLD, SILVER AND CRITICAL MINERALS PROJECTS IN COLOMBIA AND SPAIN

The proposed transaction will fix the Company's capital structure, using its common shares to fully retire the Convertible Debentures. Dramatically strengthens the Company's liquidity as it develops its portfolio of projects by retaining a total of approximately CA$157 million of cash that would otherwise be paid to service the gold premiums and interest on the Convertible Debentures over the next four years.