FilingReader Intelligence

Europa Metals sells part of Denarius stake for CAD$826,945

April 23, 2025 at 09:01 PM UTCBy FilingReader AI

Europa Metals Ltd (JSE:EUZ) announced the sale of 1.5 million shares of Denarius Metals Corp on April 17, 2025, at an average price of CAD$0.5569 per share. The transaction generated CAD$826,945, equivalent to approximately £450,000. The company intends to use the proceeds to cover creditor payments, support working capital needs, and assess new business opportunities. Following the partial disposal, Europa Metals retains a 5.5 million share stake in Denarius Metals. Management is currently evaluating options to maximize shareholder value and will provide further updates to the market in due course.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:EUZEJohannesburg Stock Exchange

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