Key Highlights
- Guardian Metal Resources received notice to exercise options for 500,000 new shares.
- The option exercise price is 14 pence per share, raising £70,000.
- The new shares are expected to be admitted to AIM trading around 3 November 2026.
Guardian Metal Resources plc (NYSE.A: GMTL) (LON: GMET) (OTCQB: GMTLF) said it has received a notice to exercise options over 500,000 new ordinary shares at 14 pence per share, raising £70,000.
The company plans to apply for the 500,000 shares to be admitted to trading on AIM, with admission expected on or around 3 November 2026. Guardian Metal said the new shares will rank pari passu with the company’s existing ordinary shares traded on AIM.
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Following admission, Guardian Metal said its issued share capital will comprise 199,597,008 ordinary shares of 1 pence each, which it said will represent the company’s total voting rights. The company noted that shareholders can use that figure as the denominator when assessing whether they must notify changes in their holdings under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.
In the release, Guardian Metal described itself as a strategic exploration and development company focused on tungsten in Nevada, USA.
The original press release is available on stockhouse.com
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