20 February 2025
Guardian Metal Resources
plc
("Guardian Metal" or the
"Company")
Guardian Metal Welcomes UCAM
as Strategic Investor
Guardian Metal Resources plc
(LON:GMET, OTCQX:GMTLF), a strategic
development and mineral exploration company focused in Nevada, USA,
notes today's announcement by Power Metal Resources plc ("Power
Metal") regarding the sale of 29,758,334 ordinary shares in
Guardian Metal and 986,352 warrants to UCAM Ltd ("UCAM"). The
Company is very pleased to welcome UCAM as a new strategic
investor.
Full transaction details can be
found at the link below:
https://www.londonstockexchange.com/news-article/POW/partial-disposal-of-gmet-holding/16908475?showDisclaimer=true
Following its purchase, UCAM will
hold a 23.45% interest in the issued share capital of the Company
and Power Metal will retain 24,699,825 ordinary shares representing
19.46% of the issued share capital of the Company.
Oliver Friesen, CEO of Guardian Metal,
commented:
"As the leading UK-listed U.S.-focused tungsten exploration
and development company our important strategic position is now
further validated by UCAM's share purchase and I am delighted to
welcome them to our shareholder register.
"With our entire project portfolio located in mining-friendly
Nevada, we believe we are uniquely positioned to benefit from a new
era for American mining. The opportunity ahead is substantial, and
we are excited to advance towards our goals in partnership with
UCAM, Power Metal, and the other outstanding shareholders on our
register."
For further information visit
www.guardianmetalresources.com
or contact the following:
|
Guardian Metal Resources plc
Oliver Friesen (CEO)
|
Tel: +44 (0)
20 7583 8304
|
|
Cairn Financial Advisers LLP
Nominated Adviser
Sandy Jamieson/Jo Turner/Louise
O'Driscoll
|
Tel: +44 (0) 20 7213 0880
|
|
Shard Capital Partners LLP
Lead Broker
Damon Heath/Erik Woolgar
|
Tel: +44 (0) 20 7186 9000
|
Forward Looking Statements
This announcement contains
forward-looking statements relating to expected or anticipated
future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business
conditions, competition for qualified staff, the regulatory process
and actions, technical issues, new legislation, uncertainties
resulting from potential delays or changes in plans, uncertainties
exploration, uncertainties regarding the timing and granting
of prospecting rights, uncertainties regarding the timing and
granting of regulatory and other third party consents and
approvals, uncertainties regarding the Company's or any third
party's ability to execute and implement future plans, and the
occurrence of unexpected events.
Actual results achieved may vary
from the information provided herein as a result of numerous known
and unknown risks and uncertainties and other factors.
