DENARIUS METALS CORP - DNRSF STOCK NEWS

Denarius Metals Corp. (DNRSF) announced its 2023 fiscal year results, showcasing significant progress and achievements across its various projects. The company reported audited financial statements, management discussions, and annual information forms. Denarius Metals continued its exploration and development work, with a focus on the Zancudo and Aguablanca projects. The Zancudo Project, with a 10-year mine life, is expected to generate net revenue of approximately $1.0 billion, while the Aguablanca Project envisions a six-year mine life generating $480 million in revenue. The company also acquired a 50% interest in Rio Narcea Recursos, S.L. to bolster its presence in Spain. Denarius Metals reported a net loss in 2023, but is optimistic about the future, with construction activities progressing at the Zancudo Project and plans to restart operations at the Aguablanca underground mine in early 2025.

Denarius Metals Corp. announces a long-term agreement with Trafigura Pte. for the sale of high-grade gold-silver concentrates from its Zancudo Project in Colombia. The company also secures a prepayment financing of up to US$10 million with Trafigura. Additionally, Denarius Metals sells a 3% NSR royalty on future production from the Zancudo Project, receiving US$5 million in cash. The company's Executive Chairman and CEO, Serafino Iacono, highlights the progress made in construction activities, financing, and drilling programs at Zancudo.

Denarius Metals Corp. (DNRSF) announces the results of a Pre-Feasibility Study supporting the restart of the Aguablanca Nickel-Copper Project in Spain. The study projects a robust NPV5 of $83.1 million, an after-tax IRR of 213%, and a payback period of 1.2 years, with a total LOM net revenue of $480.3 million.

Denarius Metals Corp. announces symbol changes for its securities on Cboe Canada, with common shares trading under 'DNRSF' on OTCQX.

Denarius Metals Corp. provides an update on its Zancudo and Aguablanca projects in Colombia and Spain. The company is on track to start production at the Zancudo Project in 2024, with plans for a new processing plant and mine operations. The Aguablanca Project in Spain, the only nickel mine in the country, is also being restarted. Denarius Metals aims to create local employment, support sustainable raw material technologies, and contribute to the European climate neutrality goal.

Denarius Metals Corp. (DNRSF) to present at Red Cloud's Pre-PDAC 2024 Mining Showcase in Toronto. Chief Financial Officer Michael Davies to present on March 1st, 2024.

Denarius Metals Corp. (DNRSF) will be showcasing at the PDAC Convention in Toronto from March 3 to March 6, 2024.

Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) announces the passing of Mr. Hernan Juan Jose Martinez Torres, a member of the Board of Directors, and the appointment of Mr. Paul Sparkes as the new Lead Independent Director and Mr. Mateo Restrepo Villegas to its Board.

Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) announced the filing of a National Instrument 43-101 compliant technical report for its 100%-owned Zancudo Project in Colombia. The report supports the Preliminary Economic Assessment and can be accessed on the company's website and SEDAR+.