GlobeNewswire Inc | Jul 20, 2021 06:21PM EDT

July 20, 2021

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- Denarius Silver Corp. (Denarius or the Company) (TSXV: DSLV), is pleased to announce that the TSX Venture Exchange (the TSXV) has accepted for listing the 75,000,000 common share purchase warrants of the Company (the Warrants) for trading on the TSXV. The Warrants were previously issued on April 29, 2021 in connection with a non-brokered private placement of subscription receipts completed by the Company on March 17, 2021. Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.80 until March 17, 2026. The Warrants were issued pursuant to, and are governed by, a warrant indenture between the Company and Computershare Trust Company of Canada dated April 29, 2021.

The Warrants are expected to commence trading on the TSXV at the open of markets on July 23, 2021 under the trading symbol DSLV.WT.

About Denarius

Denarius is a Canadian-listed public company engaged in the acquisition, exploration, development and eventual operation of mining projects in high-grade districts, with its principal focus on the Lomero Project in Spain and the Guia Antigua Project in Colombia. The Company also owns the Zancudo Project in Colombia which is currently being explored by IAMGOLD Corp. pursuant to an option agreement for the exploration and potential purchase of an interest in the project.

Additional information on Denarius can be found on its website at www.denariussilver.com and by reviewing its profile on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement on Forward-Looking Information

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, forwardlooking statements. Forwardlooking statements may be identified by words including anticipates, believes, intends, estimates, expects and similar expressions. The Company cautions readers that forwardlooking statements, including without limitation those relating to the listing of the Warrants are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forwardlooking statements.

For Further Information, Contact:

Mike DaviesChief Financial Officer(416) 360-4653investors@denariussilver.com