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Guardian Metal Resources PLC Announces Appointment of CFO and Board Changes

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Guardian Metal Resources (NYSE A:GMTL) appointed Jake Mather as Chief Financial Officer effective 26 March 2026. Finance Director Benjamin Hodges steps down from executive duties and will remain on the board as a Non-Executive Director and Chair of the Audit Committee.

The company highlighted Hodges' role in helping raise over US$21 million and completing the acquisition of the Tempiute Tungsten Mine & Mill. Mather brings 20+ years of mining finance experience including roles at Rio Tinto, Golden Queen Mining and Ceibo.

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Positive

  • Appointment of experienced CFO effective 26 March 2026
  • Raised over US$21 million during Hodges' tenure
  • Completed acquisition of Tempiute Tungsten Mine & Mill

Negative

  • None.

News Market Reaction – GMTL

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$737.83M Market Cap
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LONDON, UK / ACCESS Newswire / March 26, 2026 / Guardian Metal Resources plc (LON:GMET)(OTCQX:GMTLF)(NYSE A:GMTL), a U.S.-focused exploration-stage company focused on tungsten in Nevada, United States, is pleased to announce the appointment of Mr Jake Mather as Chief Financial Officer ("CFO") with effect from today, 26 March 2026. At the same time, Mr Benjamin ("Ben") James Hodges, currently the Company's Finance Director and executive director of the Company, will step down from his executive role and remain on the Board as a Non-Executive Director.

Jake is an accomplished mining financial professional with over 20 years experience in the industry and a proven track record of maximizing shareholder value through complex financial management, M&A activities, and operational optimization. Previously, Jake was the CFO at Golden Queen Mining Company in California where he supported a divestment process. Most recently, he was the Vice President Business Development at Ceibo, a Chilean based copper sulfide leaching company where he led activities in North America. Jake also worked 12 years at Rio Tinto in a variety of finance & strategy roles, directing corporate strategy efforts including internal investment processes and external contracts. Jake is a U.S. national based in Salt Lake City, Utah.

Ben was appointed Financial Director of Guardian Metal in December 2024. Since his appointment, he has been responsible for aspects of the Company's finance function including audit lead, financial reporting and tax planning, as well the oversight of financial and reporting processes. As such, he has played an integral role in the rapid growth of the Company, including the successful raising of over US$21 million during the course of his tenure, and the acquisition of the Tempiute Tungsten Mine & Mill ("Tempiute"). Ben will today step down as Financial Director and assume his role as a Non-Executive Director, and as Chair of the Audit Committee.

J.T. Starzecki, Executive Chair, commented: 

"We are delighted to welcome Jake to the Guardian Metal team at an important stage for the Company. He brings with him a wealth of experience, including as leader of financial divisions within fast-growing, natural resource organisations, suited to Guardian Metal as we progress the development of our U.S.-based tungsten projects.

"We also express our sincere thanks to Ben who has played a central role in defining and delivering the Company's strategy to date, including equity raises and the acquisition of Tempiute. We are pleased that Ben will remain on the Board as a Non-Executive Director, allowing the Company to continue to benefit from his expertise and deep knowledge of the business, as the team delivers on our next phase of growth."

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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.

Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the U.S. Securities and Exchange Commission. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.

For further information please visit Guardian Metal https://www.guardianmetalresources.com/ or contact:

Guardian Metal Resources plc
Oliver Friesen (CEO)

Tel: +44 (0) 207 0788496

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)(OTCQX: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

Who is the new CFO of Guardian Metal (GMTL) and when did the appointment take effect?

Jake Mather is the new CFO of Guardian Metal and the appointment took effect on 26 March 2026. According to the company, Mather has over 20 years' mining finance experience with roles at Rio Tinto, Golden Queen Mining and Ceibo, and is based in Salt Lake City.

What role will Benjamin Hodges hold at Guardian Metal (GMTL) after 26 March 2026?

Benjamin Hodges will become a Non-Executive Director and Chair of the Audit Committee effective 26 March 2026. According to the company, Hodges led finance functions, audit and reporting and helped raise over US$21 million while serving as Finance Director.

How much capital did Guardian Metal (GMTL) raise during Ben Hodges' tenure?

Guardian Metal raised over US$21 million during Ben Hodges' tenure as Finance Director. According to the company, Hodges played an integral role in those equity raises alongside the acquisition of the Tempiute Tungsten Mine & Mill.

What is the significance of the Tempiute acquisition for Guardian Metal (GMTL)?

The Tempiute acquisition adds a U.S.-based tungsten mine and mill to Guardian Metal's portfolio, advancing its Nevada development strategy. According to the company, Tempiute is a key asset acquired during recent corporate growth and fundraising activities.

Does Jake Mather have prior experience relevant to Guardian Metal's tungsten projects (GMTL)?

Yes. Jake Mather has over 20 years in mining finance, including roles at Rio Tinto and Golden Queen Mining that involved divestments and corporate strategy. According to the company, his background supports financial management for U.S.-based natural resource projects.