Warrant Exercise
Guardian Metal Resources plc has announced the exercise of warrants for 300,000 ordinary shares at an exercise price of 14 pence per share, raising £42,000 for the company. These new shares, expected to be admitted to AIM on October 23, 2026, will rank equally with existing shares, bringing the total issued share capital to 199,097,008 ordinary shares. This issuance will impact the total voting rights available to shareholders.
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Guardian Metal Resources plc (NYSE.A: GMTL, LON: GMET, OTCQB: GMTLF), a strategic exploration and development company focused on tungsten in Nevada, USA, announces that the Company has received a notice to exercise warrants over a total of 300,000 new ordinary shares of 1 pence each in the Company ("Warrant Shares") at an exercise price of 14 pence per Option Share, raising £42,000 for the Company.
ADMISSION AND TOTAL VOTING RIGHTS
Application will be made for the 300,000 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around 23 October 2026 ("Admission"). The Warrant 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 199,097,008 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.
The Directors of the Company are responsible for the release of this announcement.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.