Guardian Metal Resources PLC Exercise of Warrants

RNS Number : 1095Q

Guardian Metal Resources PLC

13 December 2024

 

13 December 2024

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

Exercise of 17p Warrants

Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral exploration and development company focused on Nevada, US, announces an exercise of warrants.

Warrant Exercise

The Company has received notices to exercise warrants over a total of 394,117 new ordinary shares of 1 pence each in the Company ("Warrant Shares") at an exercise price of 17p per Warrant Share and raising £66,999.89 for the Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 394,117 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around 19 December 2024 ("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 122,406,991 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 Oliver Friesen (CEO)	Tel: [phone]
Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll	Tel: [phone]
Shard Capital Partners LLP (Lead Broker) Damon Heath/Erik Woolgar	Tel: [phone]

 

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