REG - Guardian Metal Rsrc. - Issue of Fee Shares

Guardian Metal ResourcesAnnouncement

15/11/2024 09:30

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RNS Number : 4297M  Guardian Metal Resources PLC  15 November 2024

15 November 2024

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

Issue of Equity for Settlement of Fees

Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral
exploration and development company focused on Nevada, US, announces an issue
of shares in lieu of cash for settlement of fees.

Settlement of Fees - Issue of Equity

The Company has agreed with a supplier of professional services with an
invoice value totalling £21,000, that their fees will be settled through the
issue of 70,000 new Guardian Metal ordinary shares of 1.0p each ("Fee Shares")
valued at £0.30 per share.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 70,000 Fee Shares to be admitted to trading
on AIM which is expected to occur on or around 21 November 2024 ("Admission").
The Fee 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
119,362,385 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 7583 8304

 Oliver Friesen (CEO)
 Cairn Financial Advisers LLP                 Tel: +44 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

 

 

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