Guardian Metal Resources PLC - Registration Statement Filed for Proposed U.S. IPO

Rhea-AI Summary

Guardian Metal Resources (OTCQB:GMTLF) has filed a Form F-1 registration statement with the U.S. SEC for a proposed U.S. initial public offering of American Depositary Shares (ADSs).

The company intends to list ADSs on NYSE American as "GMTL", with BMO Capital Markets as book-running manager; offering size and price are not yet determined and the filing is not yet effective.

Positive

• Filed Form F-1 for proposed U.S. IPO
• Plans to list ADSs on NYSE American under GMTL
• BMO Capital Markets named book-running manager
• US-focused tungsten portfolio with Nevada exploration projects

Negative

• Offering not yet effective; ADSs cannot be sold until effectiveness
• No size or pricing disclosed, creating execution uncertainty
• No assurance the IPO will be completed or on any timeline
• Exploration-stage company risk: projects not yet revenue-generating

Guardian Metal files registration statement for proposed initial public offering in the United States

LODON, UK / ACCESS Newswire / February 27, 2026 / Guardian Metal Resources plc (LON:GMET)(OTCQB:GMTLF), a US-focused exploration-stage critical minerals company with a portfolio of tungsten exploration projects located inNevada, US, is pleased to announce that it has filed a registration statement on Form F-1 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering ("IPO") in the United States of its American Depositary Shares ("ADSs").

All ADSs to be sold in the proposed IPO will be offered by Guardian Metal. Guardian Metal intends to apply to list its ADSs on the NYSE American under the ticker symbol "GMTL". The number of ADSs to be offered and the pricing terms for the proposed IPO have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to the actual size or terms of the offering.

BMO Capital Markets Corp. will act as book-running manager for the proposed offering.

The Registration Statement relating to the ADSs has been filed with the SEC but has not yet become effective. The ADSs may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective.

The Registration Statement can be accessed through the SEC's EDGAR database and contains further information relating to Guardian Metal.

This announcement does not constitute or form part of an offer to sell or issue, or a solicitation of an offer to subscribe for or buy securities. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer, solicitation, sale or commitment whatsoever in any jurisdiction in which such offer, solicitation, sale or commitment would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

The securities referred to in this announcement are to be offered only by means of a prospectus. When available, copies of the preliminary prospectus can be obtained from BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036.

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).

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 Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.

The information contained in this announcement is for background purposes only and 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 visit www.guardianmetalresources.com or contact the following:

Guardian Metal Resources plc Oliver Friesen (CEO)	Tel: +44 (0) 20 7078 8496
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) is a US-focused exploration-stage critical minerals company with a portfolio of tungsten exploration projects located in Nevada, US. 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 scheelite-bearing skarn mineralization that have seen prior tungsten mining activity by third parties.

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 did Guardian Metal (GMTLF) announce on February 27, 2026 about a U.S. IPO?

They filed a Form F-1 registration statement with the SEC for a proposed U.S. IPO of ADSs. According to the company, the filing launches the process but the registration has not yet become effective and terms remain undetermined.

Will Guardian Metal ADSs list on a U.S. exchange and what ticker will GMTLF use?

Guardian Metal intends to list its ADSs on NYSE American under the ticker GMTL. According to the company, the intent is stated but final listing depends on completion of the offering and regulatory steps.

Has Guardian Metal (GMTLF) disclosed the number of ADSs or offering price?

No; the company has not determined the number of ADSs or pricing terms. According to the company, offering size and price remain undecided and will depend on market conditions when the offering is launched.

Who is managing the proposed Guardian Metal (GMTLF) U.S. offering?

BMO Capital Markets Corp. will act as the book-running manager for the proposed offering. According to the company, BMO will handle syndication and investor outreach if and when the offering proceeds.

Can investors buy Guardian Metal ADSs (GMTLF) immediately after the filing?

No; ADSs may not be sold and offers accepted until the Registration Statement becomes effective. According to the company, sales can only occur after SEC effectiveness and distribution by means of a prospectus.

What does the IPO filing mean for Guardian Metal's Nevada tungsten projects and investors?

The filing signals a move to access U.S. capital markets to support development of Nevada tungsten projects. According to the company, the IPO is a financing step, but project funding and outcomes remain subject to offering proceeds and execution.