DENARIUS METALS ANNOUNCES FORMATION OF FIRST TWO COMPANIES, PROGROWTH NOMINEE TO BOARD AND PROPOSED INITIAL EQUITY INVESTMENT PURSUANT TO SAUDI STRATEGIC COLLABORATION

TORONTO, May 7, 2026 /PRNewswire/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced an update today on its progress to advance its strategic collaboration as JV partners (the "Partnership") with ProGrowth Ltd. Company ("ProGrowth"), a Saudi-based diversified group of companies in the Kingdom of Saudi Arabia ("KSA").