Cboe Canada Extends Support of Mining Industry with Uplisting of Denarius Metals

Toronto | March 27, 2024 – Cboe Canada Inc. (“Cboe Canada”) is excited to welcome polymetallic mining company Denarius Metals Corp. (“Denarius Metals” or the “Company”) as they uplist to Cboe Canada, a Tier 1 stock exchange. Denarius Metals begins trading today under the ticker symbol DMET.  

Headquartered in Toronto, Canada, Denarius Metals is a mining company focused on the acquisition, exploration, development, and eventual operation of four mining properties in Spain and Colombia. The Company’s projects are located near existing infrastructure and provide exposure to a wide range of high-demand metals including copper, nickel, zinc, lead, gold, silver, cobalt, palladium, and platinum. 

Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, “Since our inception in 2021, we have successfully created an emerging metals producer from our portfolio of high-grade projects focused on in-demand critical minerals in Spain and Colombia. Our Zancudo Au-Ag Project in Colombia is starting production this year and our recently acquired Aguablanca Ni-Cu Project in Spain is expected to commence production in 2025.  Cboe’s global exchange platform and increased investor reach were major considerations in our decision to graduate our securities to Cboe Canada to support the continuing growth in our Company and the expansion of our global investor base.” 

Committed to working collaboratively with local communities, Denarius Metals offers tailored sustainability initiatives to benefit areas surrounding their mining sites. Investors can trade shares of DMET through their usual investment channels, including discount brokerage platforms and full-service dealers.  

“Congratulations to the team at Denarius Metals as they take the next step in the company’s evolution,” commented Erik Sloane, Global Head of Company Listings at Cboe Canada. “By uplisting to Cboe Canada, Denarius is positioning for growth as they commence mining operations, with access to Cboe’s global investor reach and connectivity. We look forward to supporting their success in the years ahead as they begin to mine for sought-after metals in Spain and Colombia.” 

Cboe Canada is home to over 250 unique listings, including some of the most innovative Canadian and international growth companies, ETFs from Canada’s largest ETF issuers, and Canadian Depositary Receipts (CDRs). For a complete view of all securities listed on Cboe Canada, click here. Cboe consistently facilitates over 15% of all volume traded in Canadian-listed companies, and more than 20% of all volume traded in Canadian ETFs.

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About Cboe Canada  

Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. 

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About Denarius Metals 

Denarius Metals is a Canadian company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts. The Company owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, one of the largest districts of pyrite-rich massive sulfide deposits in the world. The Company recently acquired a 50% interest in Rio Narcea Recursos, S.L. which has the rights to exploit the historic producing Aguablanca nickel-copper mine, including a 5,000 tpd processing plant, located in Monesterio, Extremadura, Spain, approximately 88 km from the Company’s Lomero Project. The Company is also carrying out an exploration campaign on the Toral Zn-Pb-Ag Project located in the Leon Province, Northern Spain pursuant to a definitive agreement signed in 2022 for an option and joint-venture arrangement with Europa Metals Ltd. (“Europa”) (AIM: EUZ) pursuant to which Europa has granted Denarius Metals two options to acquire up to an 80% ownership interest in Europa Metals Iberia S.L., a wholly-owned Spanish subsidiary of Europa which holds the Toral Project. The Company is carrying out construction activities at its 100%-owned Zancudo Project in Colombia, which includes the historic producing Independencia mine, providing an opportunity to develop near-term production and cash flow commencing this year through local contract mining and long-term growth through continued exploration of the Zancudo deposit which remains open in all directions. 

Connect with Denarius Metals: Website | LinkedIn | Twitter | Instagram | YouTube 

Cboe Canada Media Contact: 
[email protected]