DENARIUS METALS ANNOUNCES INCREASED PROPOSAL TO ACQUIRE EMERITA RESOURCES CORP.

AI Briefing

• – Denarius Metals increases proposal to acquire Emerita Resources Corp. to CA$0.45 per share, representing a 73% premium to Emerita's closing price on April 10, 2026. The increased proposal values Emerita at approximately CA$133.48 million. Denarius Metals believes Emerita shareholders deserve the opportunity to evaluate the increased proposal without undue delay.