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LONDON - Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF) announced Friday it has received notice for the exercise of warrants over 500,000 new ordinary shares at an exercise price of 25 pence per share, generating £125,000 in additional capital for the company.
The strategic mineral exploration and development company, which focuses on operations in Nevada, U.S., will apply for the 500,000 warrant shares to be admitted to trading on AIM. The admission is expected to occur on or around June 19, 2025.
Following the admission, Guardian Metal’s issued share capital will comprise 139,438,971 ordinary shares of 1 pence each. This figure represents the total voting rights in the company and may be used by shareholders to determine notification requirements regarding their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
The new shares will rank equally in all respects with the company’s existing ordinary shares currently traded on AIM.
The information in this article is based on a press release statement issued by Guardian Metal Resources.
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