REG - Guardian Metal Rsrc. - Warrant Exercise and Directors' Dealing
25/07/2025 17:30
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RNS Number : 6839S Guardian Metal Resources PLC 25 July 2025
25 July 2025
Guardian Metal Resources plc
('Guardian Metal' or the 'Company')
Exercise of Warrants & Directors' Dealings
Guardian Metal Resources plc (AIM:GMET OTCQX:GMTLF), a strategic mineral
exploration and development company focused on Nevada, USA, announces that,
following release of the DoD award announcement, the remaining GMET 10.75p and
17p Warrant holders are no longer deemed to be in possession of inside
information.
Warrant Exercise
Accordingly, the Company has received notices from Directors of the Company
and certain other warrant holders to exercise warrants over a total of
2,094,996 new ordinary shares of 1 pence each in the Company ("Warrant
Shares"). 991,276 of the warrants were exercised at a price of 10.75p per
Warrant Share and 1,103,720 at an exercise price of 17p per Warrant Share and
in total this has raised £294,195 for the Company.
Directors' Dealings
Certain Directors of the Company have exercised warrants and their interests
in the share capital of the Company before and after their exercise is shown
below. The related PDMR disclosures are at the foot of this announcement.
Director Existing shareholding % holding in existing share capital of the Company 10.75p warrants exercised 17p warrants exercised Shareholding following warrant exercises % holding in enlarged share capital of the Company
Oliver Friesen 673,966 0.45% 149,924 149,924 973,814 0.65%
Mark Burnett 266,999 0.18% 59,970 59,970 386,939 0.26%
Mick Billing 446,909 0.30% 149,925 149,925 746,759 0.50%
ADMISSION AND TOTAL VOTING RIGHTS
Application will be made for the 2,094,996 Warrant Shares to be admitted to
trading on AIM which is expected to occur on or around 31 July 2025
("Admission"). The Warrant 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
150,812,301 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.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018). The Directors of the Company are
responsible for the contents of this announcement.
PDMR DISCLOSURES
The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation, provide further detail on the director's share
dealing.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
Oliver Friesen
2 Reason for the notification
a) Position/status
Chief Executive Officer
b) Initial notification /Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Guardian Metal Resources Plc
b) LEI
213800J4SKZAMUEPGW34
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument ordinary shares of 1p each
Identification code ISIN: GB00BPQY8R36
b) Nature of the transaction
Exercise of Warrants
c) Price(s) and volume(s)
Price(s) Volume(s)
10.75p 149,924
17p 149,924
d) Aggregated information
- Aggregated volume 299,848
- Price 13.88p
e) Date of the transaction 25 July 2025
f) Place of the transaction XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
Mark Burnett
2 Reason for the notification
a) Position/status
Non-Executive Director
b) Initial notification /Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Guardian Metal Resources Plc
b) LEI
213800J4SKZAMUEPGW34
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument ordinary shares of 1p each
Identification code ISIN: GB00BPQY8R36
b) Nature of the transaction
Exercise of Warrants
c) Price(s) and volume(s)
Price(s) Volume(s)
10.75p 59,970
17p 59,970
d) Aggregated information
- Aggregated volume 119,940
- Price 13.88p
e) Date of the transaction 25 July 2025
f) Place of the transaction XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
Mick Billing
2 Reason for the notification
a) Position/status
Non-Executive Director
b) Initial notification /Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
Guardian Metal Resources Plc
b) LEI
213800J4SKZAMUEPGW34
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument ordinary shares of 1p each
Identification code ISIN: GB00BPQY8R36
b) Nature of the transaction
Exercise of Warrants
c) Price(s) and volume(s)
Price(s) Volume(s)
10.75p 149,925
17p 149,925
d) Aggregated information
- Aggregated volume 299,850
- Price 13.88p
e) Date of the transaction 25 July 2025
f) Place of the transaction XLON
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
Broker
Damon Heath/Erik Woolgar
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