REG - Guardian Metal Res. - Appointment of CFO and Board Changes

Guardian Metal ResourcesAnnouncement

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RNS Number : 1690Y  Guardian Metal Resources PLC  26 March 2026

26 March 2026

 

Guardian Metal Resources plc

 

Guardian Metal Resources plc ("Guardian Metal" or the "Company")

 

Appointment of CFO and Board Changes

 

Guardian Metal Resources plc (LON: GMET, OTCQX:GMTLF, NYSE A:GMTL), a
U.S.-focused exploration-stage company focused on tungsten in Nevada, United
States, is pleased to announce the appointment of Mr Jake Mather as Chief
Financial Officer ("CFO") with effect from today, 26 March 2026. At the same
time, Mr Benjamin ("Ben") James Hodges, currently the Company's Finance
Director and executive director of the Company, will step down from his
executive role and remain on the Board as a Non-Executive Director.

 

Jake is an accomplished mining financial professional with over 20 years
experience in the industry and a proven track record of maximizing shareholder
value through complex financial management, M&A activities, and
operational optimization. Previously, Jake was the CFO at Golden Queen Mining
Company in California where he supported a divestment process. Most recently,
he was the Vice President Business Development at Ceibo, a Chilean based
copper sulfide leaching company where he led activities in North America. Jake
also worked 12 years at Rio Tinto in a variety of finance & strategy
roles, directing corporate strategy efforts including internal investment
processes and external contracts. Jake is a U.S. national based in Salt Lake
City, Utah.

 

Ben was appointed Financial Director of Guardian Metal in December 2024. Since
his appointment, he has been responsible for aspects of the Company's finance
function including audit lead, financial reporting and tax planning, as well
the oversight of financial and reporting processes. As such, he has played an
integral role in the rapid growth of the Company, including the successful
raising of over US$21 million during the course of his tenure, and the
acquisition of the Tempiute Tungsten Mine & Mill ("Tempiute"). Ben will
today step down as Financial Director and assume his role as a Non-Executive
Director, and as Chair of the Audit Committee.

 

J.T. Starzecki, Executive Chair, commented: 

 

"We are delighted to welcome Jake to the Guardian Metal team at an important
stage for the Company. He brings with him a wealth of experience, including as
leader of financial divisions within fast-growing, natural resource
organisations, suited to Guardian Metal as we progress the development of our
U.S.-based tungsten projects.

 

"We also express our sincere thanks to Ben who has played a central role in
defining and delivering the Company's strategy to date,  including equity
raises and the acquisition of Tempiute. We are pleased that Ben will remain on
the Board as a Non-Executive Director, allowing the Company to continue to
benefit from his expertise and deep knowledge of the business, as the team
delivers on our next phase of growth."

 

Forward Looking Statements

 

This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature, and, as a result, are subject to certain risks and uncertainties,
including general economic, market and business conditions, competition for
qualified staff, the regulatory process and actions, technical issues, new
legislation, potential delays or changes in plans, uncertainties resulting
from operating in a new political jurisdiction, uncertainties regarding the
results of exploration, the timing and granting of prospecting rights, the
timing and granting of regulatory and other third party consents and
approvals, Guardian Metal's or any third party's ability to execute and
implement future plans, and the occurrence of unexpected events.

 

Forward-looking statements are subject to risks and uncertainties, including
those described in the Company's filings with the U.S. Securities and Exchange
Commission. Guardian Metal undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law.

 

This announcement does not purport to be full or complete. No reliance may or
should be placed by any person for any purpose on the information contained in
this announcement or its accuracy, fairness or completeness. The information
in this announcement is subject to change.

 

For further information please visit Guardian Metal
https://www.guardianmetalresources.com/
(https://www.guardianmetalresources.com/) or contact:

 

 Guardian Metal Resources plc                 Tel: +44 (0) 207 0788496

 Oliver Friesen (CEO)
 Cairn Financial Advisers LLP                 Tel: +44 (0) 20 7213 0880

 Nominated Adviser

 Sandy Jamieson/Jo Turner/Louise O'Driscoll
 Berenberg                                    Tel: +44 (0) 20 3207 7800

 Joint Broker and Financial Adviser

 Jennifer Lee/Ivan Briechle
 Tamesis Partners LLP                         Tel: +44 (0) 20 3882 2868

 Joint Broker

 Charlie Bendon/Richard Greenfield
 Tavistock                                    Tel: +44 (0) 7920 3150 /

 Financial PR                                 +44 (0) 7788 554035

 Emily Moss/Josephine Clerkin                 guardianmetal@tavistock.co.uk (mailto:guardianmetal@tavistock.co.uk)

 

About Guardian Metal Resources

 

Guardian Metal Resources PLC (LON: GMET, OTCQX: GMTLF, NYSE A: GMTL) is a
U.S.-focused exploration-stage company focused on tungsten in Nevada, United
States. Its principal tungsten asset is the Pilot Mountain project, followed
by the Tempiute project, which are both situated in historic tungsten
districts with well-known occurrences of mineralization that have seen prior
tungsten mining activity by third parties.

 

In July 2025, the U.S. Department of War (DoW), under Title III of the Defense
Production Act of 1950, as amended, invested US$6.2 million in Golden Metal
Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources
PLC, to support the Pilot Mountain PFS. The Company completed an initial
public offering of American Depositary Shares in the United States in March
2026.

 

Tungsten is used across defense, energy transition, technology and industrial
applications. The Company's projects are located in the United States and are
focused on potential future development.

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