Exercise of Options
Guardian Metal Resources plc announced the exercise of options for 500,000 new ordinary shares at 0.14 pence each, raising £70,000 for the company. These new shares are expected to be admitted to AIM trading around December 4, 2025, and will rank equally with existing shares. Following this admission, the company's total issued share capital will be 168,498,967 ordinary shares, which will serve as the denominator for shareholder notification calculations under FCA rules.
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Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF), a tungsten exploration and development company, announces that the Company has received a notice to exercise options over a total of 500,000 new ordinary shares of 1 pence each in the Company ("Option Shares") at an exercise price of 0.14p per Option Share, raising £70,000 for the Company.
ADMISSION AND TOTAL VOTING RIGHTS
Application will be made for the 500,000 Option Shares to be admitted to trading on AIM which is expected to occur on or around 4 December 2025 ("Admission"). The Option Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.
Following Admission, the Company's issued share capital will comprise 168,498,967 ordinary shares of 1p each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
| Guardian Metal Resources plc Oliver Friesen (CEO) | Tel: +44 (0) 20 7583 8304 |
| Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll | Tel: +44 (0) 20 7213 0880 |
| Berenberg Joint Broker and Financial Adviser Jennifer Lee/Ivan Briechle | Tel: +44 (0) 20 3207 7800 |
| Stifel Nicolaus Europe Limited Joint Broker Varun Talwar/Ashton Clanfield | Tel: +44 (0) 20 7710 7600 |
| Tamesis Partners LLP Joint Broker Charlie Bendon/Richard Greenfield | Tel: +44 (0) 20 3882 2868 |
| Tavistock Financial PR Emily Moss/Josephine Clerkin | Tel: +44 (0) 7920 3150 / +44 (0) 7788 554035 guardianmetal@tavistock.co.uk |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.