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Guardian Metal Resources PLC Announces Director/PDMR Shareholding

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Guardian Metal Resources (NYSE.A:GMTL, LON:GMET, OTCQB:GMTLF) reports director and PDMR share purchases on 17 July 2026. CEO Oliver Friesen acquired 20,000 ordinary shares at 148p, investing £29,749.50, increasing his holding to 1,100,657 shares, or 0.565% of issued share capital. Including 3,099,177 exercisable options, his potential interest would be 4,199,834 shares (2.122%).

Michael Schlumpberger, non-executive director, bought the equivalent of 2,500 ordinary shares (500 ADSs) for $5,005, giving him 0.001% of issued capital, rising to 0.103% assuming exercise of 200,000 options. Executive Chairman Jason Thomas Starzecki acquired 5,500 ordinary shares (1,100 ADSs) for $10,494, lifting his holding to 150,656 shares (0.077%), or 900,656 shares (0.461%) including 750,000 options.

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Positive

  • CEO share purchase 20,000 shares at 148p; total holding 1,100,657 (0.565%)
  • CEO options 3,099,177 exercisable within 60 days; potential 4,199,834 shares (2.122%)
  • Non-executive director holding 2,500 shares (via ADSs) plus 200,000 options; potential 202,500 shares (0.103%)
  • Executive Chairman holding 150,656 shares plus 750,000 options; potential 900,656 shares (0.461%)
  • Defense Production Act funding US$6.2M DoW investment in 2025 for Pilot Mountain PFS
  • Capital markets access Completed U.S. listing on NYSE American on 20 March 2026

Negative

  • None.

Market Context

The July 14 exploration-results event recorded a -3.49% 24-hour reaction. This filing records direct...
Analysis

The July 14 exploration-results event recorded a -3.49% 24-hour reaction. This filing records director purchases; the platform also reports low short positioning and no recent insider activity.

Key Figures

Ordinary shares acquired: 20,000 ordinary shares ADSs acquired: 500 ADSs and 1,100 ADSs ADS conversion: 5 ordinary shares per ADS +5 more
8 metrics
Ordinary shares acquired 20,000 ordinary shares Oliver Friesen purchase
ADSs acquired 500 ADSs and 1,100 ADSs Michael Schlumpberger and Jason Starzecki purchases
ADS conversion 5 ordinary shares per ADS Guardian Metal Resources
Purchase cost £29,749.50 Oliver Friesen purchase
Purchase cost $5,005 Michael Schlumpberger purchase
Purchase cost $10,494 Jason Starzecki purchase
Ordinary-share purchase price 148p Oliver Friesen transaction
ADS purchase prices $10.01 per ADS and $9.54 per ADS Director transactions

Historical Context

5 past events · Latest: Jul 14 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 14 Exploration results Positive -3.5% Reported assays and claim staking across seven Nevada exploration projects.
Jul 08 Strategic partnership Positive -9.4% Signed U.S. tungsten mining and recovery pilot partnership for defense applications.
Jun 30 Voting rights update Neutral -0.4% Reported 194,807,981 ordinary shares and voting rights outstanding.
Jun 30 Pre-feasibility study Positive -0.4% Reported Pilot Mountain economics, reserves, production and mine-life estimates.
Jun 29 Major shareholding change Negative -6.9% UCAM Limited reduced its reported holding from 24.34% to 21.99%.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The stock historically showed negative 24-hour reactions to four recent positive or informational announcements, while a negative major-shareholding update also coincided with a decline.

Key Terms

pdmr, ads, isin
3 terms
pdmr regulatory
"Guardian Metal Resources PLC Announces Director/PDMR Shareholding"
A PDMR (person discharging managerial responsibilities) is an individual who can shape a company’s strategy or finances—typically senior executives, board members, or close advisors with decision-making authority. Investors care because PDMRs often hold material, non‑public information and their buying or selling of shares must be reported; monitoring those disclosures is like watching a ship’s captain to read the likely course and spot possible insider risk.
ads financial
"Each ADS represents 5 ordinary shares of 1 pence in Guardian Metal"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
isin technical
"ADS's ISIN: US4013821065 Identification code | ISIN: GB00BPQY8R36"
A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.
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LONDON, UK / ACCESS Newswire / July 21, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, announces that it has been notified that Oliver Friesen has acquired 20,000 ordinary shares in the Company, and Michael Schlumpberger and Jason Starzecki have acquired 500 and 1,100 ADS's respectively in the Company. Each ADS represents 5 ordinary shares of 1 pence in Guardian Metal Resources plc.

The resultant Directors interests in the ordinary shares are set out below:

Director

Shareholding prior to purchase

Number of shares acquired

Cost of shares acquired

Shareholding following purchase

% of issued share capital

Certain options(1)

Shareholding following purchase and exercise of certain options(1)

% of issued share capital following exercise of certain options(1)

Oliver Friesen

1,080,657

20,000

£29,749.50

1,100,657

0.565%

3,099,177

4,199,834

2.122%

Michael Schlumpberger

-

2,500

$5,005

2,500

0.001%

200,000

202,500

0.103%

Jason Thomas Starzecki

145,156

5,500

$10,494

150,656

0.077%

750,000

900,656

0.461%

(1) Shares that a person has the right to acquire within 60 days of this announcement.

For further information visit www.Guardianmetalresources.com or contact the following:

Guardian Metal Resources plc

Oliver Friesen (CEO)

Tel: +44 (0) 20 7583 8304

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 in the UK

Emily Moss/Josephine Clerkin

Tel: +44 (0) 7920 3150 /

+44 (0) 7788 554035

guardianmetal@tavistock.co.uk

Edelman Smithfield

Financial PR in the US

guardianmetal@edelmansmithfield.com

About Guardian Metal Resources

Guardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.

In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.

Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1. Oliver Friesen

2. Michael Schlumpberger

3. Jason Thomas Starzecki

2

Reason for the notification

a)

Position/status

1. Chief Executive Officer

2. Non-executive Director

3. Executive Chairman

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Guardian Metal Resources plc

b)

LEI

213800J4SKZAMUEPGW34

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 1p each

ADS's - each ADS represents 5 ordinary shares of 1 pence in Guardian Metal Resources plc.

ADS's ISIN: US4013821065

Identification code

ISIN: GB00BPQY8R36

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. 148p

2. $10.01 per ADS

3. $9.54 per ADS

1. 20,000 ordinary shares

2. 5,500 ordinary shares (1,100 ADS's)

3. 2,500 ordinary shares (500 ADS's)

d)

Aggregated information

- Aggregated volume

See above

- Price

e)

Date of the transaction

17 July 2026

f)

Place of the transaction

1. AIM

2. NYSE

3. NYSE

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

What director share purchases did Guardian Metal Resources (GMTL) announce on 21 July 2026?

Guardian Metal Resources reported share purchases by its CEO, non-executive director and Executive Chairman on 17 July 2026. According to the company, these included ordinary shares bought directly and ADS purchases, each ADS representing five ordinary shares of 1 pence.

How many Guardian Metal Resources (GMTL) shares did CEO Oliver Friesen buy and what is his total holding?

Oliver Friesen bought 20,000 ordinary shares at 148p, raising his holding to 1,100,657 shares. According to Guardian Metal Resources, this equals 0.565% of issued share capital, rising to 4,199,834 shares (2.122%) if 3,099,177 exercisable options are included.

What ADS purchases did Guardian Metal Resources (GMTL) directors make in July 2026?

Michael Schlumpberger acquired 500 ADSs and Jason Thomas Starzecki acquired 1,100 ADSs on 17 July 2026. According to Guardian Metal Resources, each ADS represents five ordinary shares, corresponding to 2,500 and 5,500 underlying shares respectively on the NYSE.

What percentage of Guardian Metal Resources (GMTL) does Executive Chairman Jason Thomas Starzecki hold after the July 2026 deal?

After buying 5,500 ordinary shares, Jason Thomas Starzecki holds 150,656 shares, or 0.077% of issued capital. According to Guardian Metal Resources, this would increase to 900,656 shares, or 0.461%, if 750,000 exercisable options are included.

How much Defense Production Act funding has Guardian Metal Resources (GMTL) received for Pilot Mountain?

Guardian Metal Resources reports that the U.S. Department of War invested US$6.2M in July 2025. According to the company, the Title III Defense Production Act funding supports the Pilot Mountain pre-feasibility study via its U.S. subsidiary Golden Metal Resources (USA) LLC.

On which exchanges are Guardian Metal Resources (GMTL) shares and ADSs traded?

Guardian Metal Resources is listed on the NYSE American under GMTL, on the London Stock Exchange’s AIM as GMET, and on the OTCQB as GMTLF. According to the company, its ADSs trade in the U.S., each representing five ordinary 1p shares.

When did Guardian Metal Resources (GMTL) complete its U.S. listing on NYSE American?

Guardian Metal Resources completed its U.S. listing on the NYSE American on 20 March 2026. According to the company, this listing complements its existing London AIM and OTCQB quotations, broadening investor access to its tungsten-focused exploration business in Nevada.