DENARIUS METALS ANNOUNCES CLOSING OF STRATEGIC INVESTMENT IN COPPER GIANT RESOURCES AND CONCURRENT PRIVATE PLACEMENT WITH TRAFIGURA

Denarius Metals Corp. has finalized a strategic equity investment in Copper Giant Resources Corp., amounting to CA$28,800,000. The transaction, which closed on August 21, 2026, involved Denarius subscribing for 40,000,000 common shares of Copper Giant at a price of CA$0.72 per share. Following this investment, Denarius holds approximately 15.34% equity interest in Copper Giant. Additionally, the deal included a concurrent private placement with Urion Investments Holdings Limited, acting on behalf of the Trafigura Group, which acquired units of Denarius for CA$28,810,000.

Copper Giant Resources Corp. is a mining exploration company focused on developing its mineral properties, which include significant copper and precious metal assets. The investment from Denarius is expected to enhance Copper Giant's financial position, allowing it to advance its exploration and development initiatives. The strategic rationale behind Denarius's investment lies in the growing demand for copper, driven by the global transition to renewable energy and electric vehicles, which require substantial amounts of copper for batteries and wiring.

Trafigura, a leading global commodities trading firm, also plays a pivotal role in this transaction. Through its subsidiary Urion, Trafigura has increased its stake in Denarius Metals, acquiring 67,000,000 common shares and 12,500,000 common share purchase warrants. Following this acquisition, Trafigura now holds approximately 14.79% of Denarius's issued and outstanding common shares, with the potential to increase its ownership to approximately 17.92% upon exercising the warrants. This strategic investment aligns with Trafigura's broader strategy to secure access to critical minerals essential for its supply chain operations.

The broader market implications of this transaction reflect the increasing interest in mining investments, particularly in the context of rising commodity prices and the urgent need for sustainable resources. As global economies pivot towards greener technologies, the demand for copper and other critical minerals is expected to surge. This investment by Denarius and Trafigura underscores the strategic importance of securing equity stakes in companies that are well-positioned to capitalize on these trends.

Overall, the partnership between Denarius Metals and Copper Giant Resources, supported by Trafigura's investment, highlights a significant development in the mining sector. It illustrates the ongoing consolidation and investment activities aimed at enhancing resource availability in response to evolving market demands. As these companies advance their projects, they may play a crucial role in meeting the future needs of the energy transition and the broader commodities market.