REG - Guardian Metal Res. - Exercise of Options

Guardian Metal ResourcesAnnouncement

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RNS Number : 6981Z  Guardian Metal Resources PLC  08 April 2026

8 April 2026

Guardian Metal Resources plc

("Guardian Metal" or the "Company")

Exercise of Options

 

Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF/NYSE A:GMTL), a US focused
exploration stage company focused on tungsten in Nevada, United States,
announces that the Company has received a notice to exercise options over a
total of 300,000 new ordinary shares of 1 pence each in the Company ("Option
Shares") at an exercise price of 0.14p per Option Share,
raising £42,000 for the Company.

 

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 300,000 Option Shares to be admitted to
trading on AIM which is expected to occur on or around 14 April 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
194,307,981 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.

 

 Guardian Metal Resources plc                 Tel: +44 (0) 20 7078 8496

 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, OTCQB: 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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