Guardian Metal Resources PLC Announces £750,000 Placing with Institutional Investor
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF) has successfully raised £750,000 through a placing with Premier Miton, a UK asset management company. The placing involves issuing 2,500,000 new ordinary shares at £0.30 per share, representing 2.00% of the enlarged issued share capital.
The funds will be used for working capital and to accelerate exploration and development activities at Pilot Mountain and, pending definitive agreement, at Tempiute. The placement demonstrates growing investor recognition of the importance of establishing domestic tungsten production in the U.S., given its critical applications in military and industrial sectors.
The placing shares are expected to be admitted to trading on AIM around January 9, 2025. Following admission, the company's total issued share capital will comprise 125,006,991 ordinary shares. As part of the commission, 120,000 broker warrants will be issued, exercisable at £0.375 per share with a 24-month expiry.
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF) ha raccolto con successo £750.000 tramite un collocamento con Premier Miton, una società di gestione patrimoniale del Regno Unito. Il collocamento prevede l'emissione di 2.500.000 nuove azioni ordinarie a £0,30 per azione, che rappresentano il 2,00% del capitale sociale emesso ampliato.
I fondi saranno utilizzati per il capitale circolante e per accelerare le attività di esplorazione e sviluppo a Pilot Mountain e, in attesa di un accordo definitivo, a Tempiute. Il collocamento dimostra il crescente riconoscimento da parte degli investitori dell'importanza di stabilire una produzione domestica di tungsteno negli Stati Uniti, date le sue applicazioni critiche nei settori militare e industriale.
Si prevede che le azioni del collocamento vengano ammesse alla negoziazione su AIM intorno al 9 gennaio 2025. Dopo l'ammissione, il capitale sociale totale emesso della società sarà composto da 125.006.991 azioni ordinarie. Come parte della commissione, saranno emessi 120.000 warrant da broker, esercitabili a £0,375 per azione con una scadenza di 24 mesi.
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF) ha recaudado con éxito £750,000 a través de una colocación con Premier Miton, una empresa de gestión de activos del Reino Unido. La colocación implica la emisión de 2,500,000 nuevas acciones ordinarias a £0.30 por acción, lo que representa el 2.00% del capital social emitido ampliado.
Los fondos se utilizarán para capital de trabajo y para acelerar las actividades de exploración y desarrollo en Pilot Mountain y, a la espera de un acuerdo definitivo, en Tempiute. La colocación demuestra el creciente reconocimiento por parte de los inversores de la importancia de establecer una producción doméstica de tungsteno en EE. UU., dadas sus aplicaciones críticas en los sectores militar e industrial.
Se espera que las acciones de la colocación sean admitidas a negociación en AIM alrededor del 9 de enero de 2025. Tras la admisión, el capital social total emitido de la empresa constará de 125,006,991 acciones ordinarias. Como parte de la comisión, se emitirán 120,000 warrants de corredor, ejercitables a £0.375 por acción con una expiración de 24 meses.
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF)는 영국 자산 관리 회사인 Premier Miton과의 플레어싱을 통해 £750,000를 성공적으로 모금했습니다. 이 플레어싱은 주당 £0.30의 가격으로 2,500,000개의 새로운 보통주를 발행하는 것으로, 이는 확대된 발행 주식 자본의 2.00%에 해당합니다.
모금된 자금은 운영 자본 및 Pilot Mountain에서의 탐사 및 개발 활동을 가속화하는 데 사용될 예정이며, Tempiute에 대한 최종 계약을 기다리고 있습니다. 이 플레어싱은 미국 내 텅스텐 생산을 확립하는 것의 중요성에 대한 투자자의 인식이 커지고 있음을 보여줍니다. 이러한 생산은 군사 및 산업 분야에서의 중요한 응용을 고려할 때 더욱 중요합니다.
플레어싱 주식은 2025년 1월 9일경 AIM에서 거래가 시작될 것으로 예상됩니다. 상장 후, 회사의 총 발행 주식 자본은 125,006,991 보통주로 구성됩니다. 커미션의 일환으로 120,000개의 브로커 워런트가 발행될 예정이며, 이들은 주당 £0.375로 행사할 수 있으며 24개월 후 만료됩니다.
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF) a réussi à lever 750 000 £ grâce à un placement avec Premier Miton, une société de gestion d'actifs du Royaume-Uni. Le placement implique l'émission de 2 500 000 nouvelles actions ordinaires à 0,30 £ par action, représentant 2,00 % du capital social élargi émis.
Les fonds seront utilisés pour le fonds de roulement et pour accélérer les activités d'exploration et de développement à Pilot Mountain et, dans l'attente d'un accord définitif, à Tempiute. Le placement démontre la reconnaissance croissante des investisseurs de l'importance d'établir une production nationale de tungstène aux États-Unis, compte tenu de ses applications critiques dans les secteurs militaire et industriel.
Les actions du placement devraient être admises à la négociation sur AIM autour du 9 janvier 2025. Après l'admission, le capital social total émis de l'entreprise comprendra 125 006 991 actions ordinaires. Dans le cadre de la commission, 120 000 warrants de courtier seront émis, exerçables à 0,375 £ par action avec une expiration de 24 mois.
Guardian Metal Resources (LON:GMET)(OTCQB:GMTLF) hat erfolgreich £750.000 durch eine Platzierung mit Premier Miton, einem britischen Vermögensverwaltungsunternehmen, aufgenommen. Die Platzierung umfasst die Emission von 2.500.000 neuen Stammaktien zu einem Preis von £0,30 pro Aktie, was 2,00% des erweiterten ausgegebenen Aktienkapitals entspricht.
Die Mittel werden für Betriebskapital und zur Beschleunigung von Erkundungs- und Entwicklungsaktivitäten am Pilot Mountain und, in Erwartung eines endgültigen Vertrages, am Tempiute verwendet. Die Platzierung zeigt die wachsende Anerkennung der Investoren für die Bedeutung der Etablierung einer nationalen Tungstenproduktion in den USA, angesichts der kritischen Anwendungen in militärischen und industriellen Sektoren.
Die Platzierungsaktien werden voraussichtlich am 9. Januar 2025 zum Handel an der AIM zugelassen. Nach der Zulassung wird das gesamte ausgegebene Aktienkapital des Unternehmens 125.006.991 Stammaktien umfassen. Im Rahmen der Provision werden 120.000 Broker-Warrants ausgegeben, die zu £0,375 pro Aktie mit einem Ablauf von 24 Monaten ausgeübt werden können.
- Secured £750,000 in additional funding from institutional investor
- Strategic investment from established asset manager Premier Miton
- No warrants issued to subscriber, minimizing potential dilution
- Funds earmarked for accelerating exploration and development activities
- 2% dilution of existing shareholders through new share issuance
- 120,000 broker warrants issued as commission
Guardian Metal Resources plc
('Guardian Metal' or the 'Company')
Placing with Single Institutional Investor to Raise £750,000
LONDON, UNITED KINGDOM / ACCESSWIRE / January 6, 2025 / Guardian Metal Resources plc (LON:GMET)(OTCQB:GMTLF), a strategic mineral exploration and development company focused on tungsten in Nevada, USA, is pleased to announce that it has raised £750,000 in a placing with a single existing institutional investor at an issue price of £0.30 per share ("Placing"). The Placing represents a further step for the Company towards its goal of strengthening the U.S. supply chain for the essential metal, tungsten. There is growing global investor recognition of the critical importance of rapidly establishing domestic tungsten production in the U.S., given its dual applications in both military and broad industrial sectors.
Placing Highlights:
Guardian Metal has completed a strategic raise of £750,000 through the issue of 2,500,000 new ordinary shares of 1.0p each ("Placing Shares"), representing
2.00% of the enlarged issued share capital of the Company. No warrants are to be issued to the subscriber.The entire Placing has been subscribed for by Premier Miton, a well-established UK asset management company; their relevant funds overseen by fund managers Gervais Williams and Martin Turner. Gervais Williams is president of the QCA and member of the AIM advisory panel at the London Stock Exchange.
The net proceeds of the Placing will be applied to the Company's working capital and is targeted for accelerated exploration and project development activities at Pilot Mountain as well as, subject to the signing of the definitive agreement, at Tempiute.
The Placing was arranged by the Company's broker and 120,000 broker warrants are being issued as part of the commission payable under the terms of the Placing ("Broker Warrants"). The Broker Warrants are exercisable at £0.375 per share with an expiry date of 24 months from the date of the Placing.
Oliver Friesen, CEO of Guardian Metal, commented:
"We are delighted that Premier Miton is adding to its existing holding in Guardian Metal. It is hugely encouraging that respected fund managers Gervais Williams and Martin Turner, along with the clients of Premier Miton, are demonstrating their confidence in the Company.
"We are very confident about the Company's direction as we head into 2025 and the additional financing allows us to accelerate and expand key exploration and development activities."
ADMISSION AND TOTAL VOTING RIGHTS
Application will be made for the 2,500,000 Placing Shares to be admitted to trading on AIM, which is expected to occur on or around 9 January 2025 ("Admission"). The Placing 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 125,006,991 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.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for the contents of this announcement.
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 resulting from working in a new political jurisdiction, uncertainties regarding the results of 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.
For further information visit www.guardianmetalresources.com or contact the following:
Guardian Metal Resources plc | Tel:+44 (0) 20 7583 8304 |
Cairn Financial Advisers LLP | Tel: +44 20 7213 0880 |
Shard Capital Partners LLP | Tel: +44 (0) 20 7186 9000 |
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 accesswire.com
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