Denarius Metals closed a CA$28.8 million strategic equity investment in Copper Giant Resources through a non-brokered private placement, acquiring 40 million shares at CA$0.72 each for an approximately 15.34% stake. The company separately closed a CA$28.81 million private placement with Urion Investments Holdings, acting for Trafigura Group, comprising 67 million Denarius shares and 12.5 million warrants priced at CA$0.43 per unit. The proceeds funded the Copper Giant investment. Trafigura now owns or controls approximately 14.79% of Denarius on an undiluted basis and approximately 17.92% assuming full warrant exercise. Denarius CEO Federico Restrepo-Solano was appointed to Copper Giant's advisory board.