REG - Guardian Metal Rsrc. - New Substantial Shareholder

Guardian Metal ResourcesAnnouncement

19/08/2025 07:45

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RNS Number : 8748V  Guardian Metal Resources PLC  19 August 2025

19 August 2025

Guardian Metal Resources plc

('Guardian Metal' or the 'Company')

New Substantial Shareholder

Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic tungsten
development Company focused in Nevada, USA, notes today's announcement by
Power Metal Resources plc ("Power Metal") regarding the agreement to sell its
remaining 24,699,825 ordinary shares in Guardian Metal ("Sale Shares") for
£13,584,904 representing a price of 55p per Sale Share to an investment fund
managed by Duquesne Family Office LLC ("Duquesne").

Following the disposal, the new shareholder will hold a 14.75% interest in the
issued share capital of the Company.

https://www.londonstockexchange.com/news-article/POW/disposal-of-remaining-holding-in-gmet/17190029
(https://www.londonstockexchange.com/news-article/POW/disposal-of-remaining-holding-in-gmet/17190029)

Oliver Friesen, CEO of Guardian Metal, commented:

"I am delighted to welcome Duquesne as a major new shareholder, marking a
strong endorsement of Guardian's position in the U.S. critical metals
landscape. With our co-flagship tungsten projects in Nevada now moving into a
pivotal growth phase, we are focused on delivering significant value for both
Duquesne and our broader shareholder base."

 

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 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.

 

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