Exercise of Options
Guardian Metal Resources plc announced the exercise of options for 500,000 new ordinary shares at 14 pence each, raising £70,000 for the company. These new shares are expected to be admitted to AIM around June 8, 2026, and will rank equally with existing shares. Following admission, the company's total issued share capital will be 194,807,981 ordinary shares, which will serve as the denominator for shareholders calculating their notification requirements under FCA rules.
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Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF/NYSE A:GMTL), a strategic exploration company focused on tungsten in Nevada, USA, 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 14 pence 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 8 June 2026 ("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 194,807,981 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.