Guardian Metal Resources raises £125,000 through warrant exercise

Published 13/06/2025, 17:38
Guardian Metal Resources raises £125,000 through warrant exercise

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.