Denarius Metals Announces Upsize of LIFE Offering and Launches Concurrent Private Placement

Toronto, Ontario--(Newsfile Corp. - November 13, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today that, as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement offering under the Listed Issuer Financing Exemption (the "LIFE Offering") to up to 20,000,000 Units for gross proceeds of up to CA$10,000,000. Concurrently, the Company announced the launch of a non-brokered private placement of up to 5,500,000 Units of the Company at a price of CA$0.50 per Unit for gross proceeds of up to CA$2,750,000 (the "Concurrent Offering" and together with the LIFE Offering, the "Offerings"). Pursuant to the Offerings, the Company may issue a total of 25,500,000 Units for gross proceeds of up to CA$12,750,000.

Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company at a price of CA$0.70 per common share at any time on or before that date which is 36 months after the closing date. Each Warrant is exercisable beginning 60 days following the closing date of the Offering. It is anticipated that the closing of the Offering will occur on or prior to November 19, 2025.

Pursuant to the LIFE Offering, subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the Units will be offered for sale to purchasers resident in Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as modified by and in reliance on the exemptions set out in Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Exemption"). Pursuant to the Concurrent Offering, Units will be offered for sale to purchasers resident in Canada, except Québec, under certain available exemptions under NI 45-106. A maximum of CA$10,000,000 may be issued to purchasers under the Listed Issuer Exemption under the LIFE Offering.