Guardian Metal Resources PLC Announces Exercise of Options

Rhea-AI Summary

Guardian Metal Resources (LON:GMET / OTCQB:GMTLF / NYSE A:GMTL) received notice to exercise options over 300,000 new ordinary shares at an exercise price of 0.14p per share, raising £42,000. Admission of the Option Shares to AIM is expected on or around 14 April 2026.

After Admission the company's issued share capital will be 194,307,981 ordinary shares, which represents total voting rights for disclosure calculations.

AI-generated analysis. Not financial advice.

News Market Reaction – GMTL

-1.03%

1 alert

-1.03% News Effect

-$7M Valuation Impact

$706.52M Market Cap

0.1x Rel. Volume

On the day this news was published, GMTL declined 1.03%, reflecting a mild negative market reaction. This price movement removed approximately $7M from the company's valuation, bringing the market cap to $706.52M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Options exercised: 300,000 shares Nominal share value: 1 pence Exercise price: 0.14p per share +3 more

6 metrics

Options exercised 300,000 shares New ordinary shares issued on option exercise

Nominal share value 1 pence Par value per ordinary share

Exercise price 0.14p per share Option exercise price for new shares

Capital raised £42,000 Proceeds from option exercise

Admission date 14 April 2026 Expected AIM admission of option shares

Post-admission share count 194,307,981 shares Total issued ordinary shares after option exercise

Market Reality Check

Price: $14.24 Vol: Volume 68,258 vs 20-day a...

low vol

$14.24 Last Close

Volume Volume 68,258 vs 20-day average 331,061 (relative volume 0.21x). low

Technical Price 19.4 is trading above 200-day MA at 17.3.

Peers on Argus

No peers with recorded momentum moves; the slight -1.07% move appears stock-spec...

No peers with recorded momentum moves; the slight -1.07% move appears stock-specific based on available data.

Historical Context

2 past events · Latest: Mar 31 (Neutral)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Mar 31	Voting rights update	Neutral	+6.6%	Updated total voting rights and share count for FCA calculations.
Mar 26	CFO and board changes	Positive	+1.1%	Appointment of new CFO and transition of finance director to non-exec role.

Pattern Detected

Limited history shows administrative/shareholder news with modest positive price reactions.

Recent Company History

Recent news has focused on capital structure and governance. On 31 Mar 2026, Guardian Metal reported total voting rights of 194,007,981 ordinary shares, with a +6.59% move afterward. On 26 Mar 2026, the company announced a new CFO and board changes, citing over US$21 million previously raised, with a +1.12% reaction. Today’s option exercise and updated share count to 194,307,981 fits this pattern of structural updates.

Market Pulse Summary

This announcement confirms the exercise of options over 300,000 new ordinary shares at 0.14p, raisin...

Analysis

This announcement confirms the exercise of options over 300,000 new ordinary shares at 0.14p, raising £42,000 and taking the issued share capital to 194,307,981 shares. It continues a series of capital-structure and governance updates, including recent voting-rights disclosures. Investors may want to track future regulatory filings, ownership changes, and board decisions to understand how the evolving shareholder base and management structure interact with the company’s exploration strategy.

Key Terms

options, ordinary shares, disclosure and transparency rules

3 terms

options financial

"the Company has received a notice to exercise options over a total of 300,000"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

ordinary shares financial

"300,000 new ordinary shares of 1 pence each in the Company"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

disclosure and transparency rules regulatory

"they can determine if they are required to notify their interest... under the Financial Conduct Authority's Disclosure and Transparency Rules"

Rules that require companies to provide accurate, timely and complete information about their finances, operations, risks and governance to regulators, investors and the public. They matter to investors because consistent, clear reporting is like a reliable scoreboard: it makes it easier to compare companies, spot problems early, reduce surprises and fraud, and form better expectations about future performance and value.

AI-generated analysis. Not financial advice.

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LONDON, UK / ACCESS Newswire / April 8, 2026 / Guardian Metal Resources plc ("Guardian Metal" or the "Company")(LON:GMET)(OTCQB:GMTLF)(NYSE A:GMTL), a US focused exploration stage company focused on tungsten in Nevada, United States, announces that the Company has received a notice to exercise options over a total of 300,000 new ordinary shares of 1 pence each in the Company ("Option Shares") at an exercise price of 0.14p per Option Share, raising £42,000 for the Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 300,000 Option Shares to be admitted to trading on AIM which is expected to occur on or around 14 April 2026 ("Admission"). The Option 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 194,307,981 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: +44 (0) 20 7078 8496
Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll	Tel: +44 (0) 20 7213 0880
Berenberg Joint Broker and Financial Adviser Jennifer Lee/Ivan Briechle	Tel: +44 (0) 20 3207 7800
Tamesis Partners LLP Joint Broker Charlie Bendon/Richard Greenfield	Tel: +44 (0) 20 3882 2868
Tavistock Financial PR Emily Moss/Josephine Clerkin	Tel: +44 (0) 7920 3150 / +44 (0) 7788 554035 guardianmetal@tavistock.co.uk

About Guardian Metal Resources

Guardian Metal Resources PLC (LON: GMET, OTCQB: GMTLF, NYSE A: GMTL) is a U.S.-focused exploration-stage company focused on tungsten in Nevada, United States. Its principal tungsten asset is the Pilot Mountain project, followed by the Tempiute project, which are both situated in historic tungsten districts with well-known occurrences of mineralization that have seen prior tungsten mining activity by third parties.

In July 2025, the U.S. Department of War (DoW), under Title III of the Defense Production Act of 1950, as amended, invested US$6.2 million in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed an initial public offering of American Depositary Shares in the United States in March 2026.

Tungsten is used across defense, energy transition, technology and industrial applications. The Company's projects are located in the United States and are focused on potential future development.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Guardian Metal Resources PLC

View the original press release on ACCESS Newswire

FAQ

How many shares did Guardian Metal (GMTL) issue from option exercises on April 8, 2026?

The company will issue 300,000 new ordinary shares from option exercises. According to Guardian Metal, those Option Shares were exercised at 0.14p each, raising £42,000, with AIM admission expected around 14 April 2026.

What is the cash raise amount and exercise price for Guardian Metal's (GMTL) option exercise?

Guardian Metal raised £42,000 from the option exercise at 0.14p per share. According to Guardian Metal, the proceeds reflect 300,000 Option Shares being exercised and will be received upon registration and admission.

When will the 300,000 Option Shares for GMTL be admitted to trading on AIM?

Admission is expected on or around 14 April 2026. According to Guardian Metal, an application will be made for the Option Shares to be admitted to trading on AIM and they will rank pari passu with existing ordinary shares.

What will Guardian Metal's (GMTL) total issued share capital be after the April 2026 admission?

Following Admission the issued share capital will be 194,307,981 ordinary shares. According to Guardian Metal, this figure will represent total voting rights for shareholder disclosure calculations under FCA rules.

Does the GMTL option exercise dilute existing shareholders materially?

The exercise creates 300,000 additional shares, modest relative to the total capital. According to Guardian Metal, the new total will be 194,307,981 shares, so the incremental dilution from this issue is small in percentage terms.