Guardian Metal Resources reports warrant exercise for 300,000 shares

Key Highlights

• Guardian Metal Resources received notice to exercise warrants for 300,000 new shares.
• The exercise price is 14 pence per share, raising £42,000, according to the company.
• The new shares are expected to be admitted to AIM trading on or around 23 October 2026.

Guardian Metal Resources plc (NYSE.A: GMTL) (LON: GMET) (OTCQB: GMTLF) said it has received a notice to exercise warrants over 300,000 new ordinary shares, with the exercise expected to raise £42,000 for the company.

The warrants are being exercised at 14 pence per share, and the company plans to apply for the new shares to be admitted to trading on AIM. Admission is expected on or around 23 October 2026.

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Guardian Metal Resources said the new shares will rank pari passu with the company’s existing ordinary shares traded on AIM, meaning they will have the same rights as the current shares.

Following admission, the company said its issued share capital will comprise 199,097,008 ordinary shares of 1 pence each, which it said will also represent the total voting rights in the company for disclosure purposes under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.

In its release, Guardian Metal Resources described itself as an exploration and development company focused on tungsten projects in Nevada, including Pilot Mountain and Tempiute.

The original press release is available on stockhouse.com