Business
Guardian Metal Welcomes UCAM as Strategic Investor
Guardian Metal Welcomes UCAM as Strategic Investor.
About this update from Guardian Metal Resources Plc
[{"type":"text","content":"\n\n20 February 2025\nGuardian Metal Resources plc\n(\"Guardian Metal\" or the \"Company\")\nGuardian Metal Welcomes UCAM as Strategic Investor\nGuardian 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.\nFull transaction details can be found at the link below:\nhttps://www.londonstockexchange.com/news-article/POW/partial-disposal-of-gmet-holding/16908475?showDisclaimer=true\nFollowing 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. \nOliver Friesen, CEO of Guardian Metal, commented: \n\"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.\n \n\"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.\"\n \nFor further information visit www.guardianmetalresources.com or contact the following:\n\n\n\n\nGuardian Metal Resources plc\nOliver Friesen (CEO)\n\n\nTel: +44 (0) 20 7583 8304\n\n\n\n\nCairn Financial Advisers LLP\nNominated Adviser\nSandy Jamieson/Jo Turner/Louise O'Driscoll\n\n\nTel: +44 (0) 20 7213 0880\n\n\n\n\nShard Capital Partners LLP\nLead Broker\nDamon Heath/Erik Woolgar\n\n\nTel: +44 (0) 20 7186 9000\n\n\n\n\n \nForward Looking Statements\nThis 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...