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LONDON - Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF) announced Friday that it has received notice for the exercise of warrants over 40,000 new ordinary shares at an exercise price of 37.5 pence per share, generating £15,000 for the company.
The tungsten exploration and development company will apply for the new shares to be admitted to trading on AIM, with admission expected to occur on or around September 18, 2025.
Following the admission of these new shares, Guardian Metal’s issued share capital will comprise 167,518,967 ordinary shares of 1 pence each. This figure represents the total voting rights in the company and may be used by shareholders as the denominator for calculating whether they need to notify 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 was disclosed in a press release statement issued by the company.
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