REG - Guardian Metal Rsrc. - Guardian Metal Welcomes UCAM as Strategic Investor

Guardian Metal ResourcesAnnouncement

20/02/2025 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250220:nRST9060Xa&default-theme=true

RNS Number : 9060X  Guardian Metal Resources PLC  20 February 2025

20 February 2025

Guardian Metal Resources plc

("Guardian Metal" or the "Company")

Guardian Metal Welcomes UCAM as Strategic Investor

Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic development
and mineral exploration company focused in Nevada, USA, notes today's
announcement by Power Metal Resources plc ("Power Metal") regarding the sale
of 29,758,334 ordinary shares in Guardian Metal and 986,352 warrants to UCAM
Ltd ("UCAM"). The Company is very pleased to welcome UCAM as a new strategic
investor.

Full transaction details can be found at the link below:

https://www.londonstockexchange.com/news-article/POW/partial-disposal-of-gmet-holding/16908475?showDisclaimer=true
(https://www.londonstockexchange.com/news-article/POW/partial-disposal-of-gmet-holding/16908475?showDisclaimer=true)

Following its purchase, UCAM will hold a 23.45% interest in the issued share
capital of the Company and Power Metal will retain 24,699,825 ordinary shares
representing 19.46% of the issued share capital of the Company.

Oliver Friesen, CEO of Guardian Metal, commented:

"As the leading UK-listed U.S.-focused tungsten exploration and development
company our important strategic position is now further validated by UCAM's
share purchase and I am delighted to welcome them to our shareholder register.

 

"With our entire project portfolio located in mining-friendly Nevada, we
believe we are uniquely positioned to benefit from a new era for American
mining. The opportunity ahead is substantial, and we are excited to advance
towards our goals in partnership with UCAM, Power Metal, and the other
outstanding shareholders on our register."

 

For further information visit www.guardianmetalresources.com
(http://www.guardianmetalresources.com) or contact the following:

 Guardian Metal Resources plc                 Tel: +44 (0) 20 7583 8304

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

 Nominated Adviser

 Sandy Jamieson/Jo Turner/Louise O'Driscoll
 Shard Capital Partners LLP                   Tel: +44 (0) 20 7186 9000

 Lead Broker

 Damon Heath/Erik Woolgar

 

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, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties  exploration, uncertainties regarding the timing and granting
of prospecting rights, uncertainties regarding the timing and granting of
regulatory and other third party consents and approvals, uncertainties
regarding the Company's or any third party's ability to execute and implement
future plans, and the occurrence of unexpected events.

Actual results achieved may vary from the information provided herein as a
result of numerous known and unknown risks and uncertainties and other
factors.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCTMMTTMTATBJA