REG - Guardian Metal Res. - Exercise of Options

Guardian Metal ResourcesAnnouncement

Tue 18:00

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RNS Number : 7283G  Guardian Metal Resources PLC  02 June 2026

2 June 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 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.

For further information please contact the following:

 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 in the UK                       +44 (0) 7788 554035

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

 Financial PR in the US                       guardianmetal@edelmansmithfield.com
                                              (mailto:guardianmetal@edelmansmithfield.com)

 

About Guardian Metal Resources

Guardian Metal Resources PLC (NYSE.A: GMTL, LON:GMET, OTCQB:GMTLF) is a
strategic mineral exploration company driving the revival of U.S. mined
tungsten production and strengthening America's defense metal
independence. The Company is advancing two tungsten projects, Pilot Mountain,
one of the largest undeveloped tungsten deposits in the U.S. and Tempiute,
formerly America's largest producing tungsten operation, both located in
Nevada, one of the top-rated mining jurisdictions in the United States.

In July 2025, the U.S. Department of War (DoW) under Title III of
the Defense Production Act of 1950, as amended, invested U.S. $6.2M in
Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian
Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed
a U.S. listing on the NYSE American on March 20, 2026.

Tungsten is a strategic metal critical to the defense, energy transition,
technology, and industrial sectors. In the context of shifting geopolitical
dynamics and tightening Chinese export restrictions, Guardian Metal is well
positioned to play a leading role in re-establishing a secure, domestically
mined U.S. supply chain for this vital defense metal.

 

 

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