Guardian Metal Resources PLC filed a Form 6-K with the SEC on 30 October 2026, reporting the exercise of options over 500,000 new ordinary shares at 14 pence per share, raising £70,000 for the company.

Key Highlights

  • Option exercise: The company received a notice to exercise options over 500,000 new ordinary shares of 1 pence each at an exercise price of 14 pence per Option Share.
  • Proceeds: The exercise raises £70,000 for the company, according to the filing.
  • Admission expected: Application has been made for the 500,000 Option Shares to be admitted to trading on AIM, expected on or around 3 November 2026.
  • Post-admission share capital: Following admission, the company's issued share capital will comprise 199,597,008 ordinary shares of 1 pence each.
  • Pari passu ranking: The Option Shares will rank pari passu in all respects with the ordinary shares currently traded on AIM, the filing states.
  • Listings: The company trades on NYSE American, LON: GMET, and OTCQB: GMTLF, with its U.S. listing completed on March 20, 2026.

Guardian Metal Resources Reports Option Share Exercise and Updated Share Capital

Guardian Metal Resources PLC (NYSE American:GMTL), a tungsten exploration and development company focused on projects in Nevada, USA, disclosed in a Form 6-K filed 30 October 2026 that it received a notice to exercise options over 500,000 new ordinary shares of 1 pence each. According to the filing, the exercise price is 14 pence per Option Share, generating proceeds of £70,000 for the company.

The filing states that an application has been made for the 500,000 Option Shares to be admitted to trading on AIM, with admission expected on or around 3 November 2026. The Option Shares are described in the filing as ranking "pari passu in all respects with the ordinary shares of the Company currently traded on AIM." Following admission, the company's total issued share capital will comprise 199,597,008 ordinary shares of 1 pence each, which the filing identifies as the total voting rights figure shareholders may use as a denominator for calculating disclosure obligations under the Financial Conduct Authority's Disclosure and Transparency Rules.

The filing also notes that in July 2025, the U.S. Department of War, under Title III of the Defense Production Act of 1950 as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain Preliminary Feasibility Study. The company describes itself as advancing two tungsten projects in Nevada: Pilot Mountain and Tempiute. The Form 6-K was signed by Oliver Friesen, Chief Executive Officer.

What Was Disclosed

Guardian Metal Resources PLC reported the exercise of options over 500,000 ordinary shares at 14 pence each, raising £70,000, with AIM admission of those shares expected around 3 November 2026 and post-admission total issued share capital of 199,597,008 ordinary shares.