Power Metal Resources files Form 144 to sell ADS

Power Metal Resources PLC submitted a Form 144 reporting a proposed sale of 29,758,334 American Depositary Shares (ADS) on 02/20/2025.

Rhea-AI Filing Summary

Power Metal Resources PLC submitted a Form 144 reporting a proposed sale of 29,758,334 American Depositary Shares (ADS) on 02/20/2025. Each ADS represents five ordinary shares. The filing lists a block trade at prevailing market price and names BMO Capital Markets Corp. as a broker.

Insights

Corporate Governance Analyst

Form 144 notifies a large planned insider sale; execution depends on market routing.

The filing shows a proposed sale of 29,758,334 ADS via a block trade on 02/20/2025. Each ADS equals five ordinary shares, which is the security form disclosed.

Timing and cash-flow treatment are explicit for the trade type but the filing excerpt does not state who receives proceeds beyond the sale method; subsequent transaction reports will show execution details.

Key Figures

ADS offered: 29,758,334 ADS ADS ratio: 1 ADS = 5 ordinary shares Filing broker: BMO Capital Markets Corp.

3 metrics

ADS offered 29,758,334 ADS Scheduled sale on 02/20/2025

ADS ratio 1 ADS = 5 ordinary shares Security conversion ratio stated in filing

Filing broker BMO Capital Markets Corp. Named broker for the block trade

Key Terms

American Depositary Shares, block trade, prevailing market price

3 terms

American Depositary Shares financial

"American Depositary Shares, each representing five ordinary shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

block trade market

"Block trade at prevailing market price"

A block trade is a large, privately arranged sale or purchase of a company's shares or bonds between big investors, often negotiated to avoid upsetting the public market price. Think of it like selling a truckload of goods directly to one buyer instead of unloading it on a busy street — it moves a lot of supply at once and can signal shifting demand, affect immediate liquidity, and influence short-term stock prices.

prevailing market price market

"Block trade at prevailing market price"

The prevailing market price is the price at which a security is currently trading in the open market, reflecting the most recent consensus between buyers and sellers. Investors care because it signals what the market values the security at right now—like the price on a busy marketplace—and is used to make trading decisions, set execution prices, value holdings, and judge whether a proposed deal or transaction is fair.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Power Metal Resources (GMTL) report on Form 144?

The company reported a proposed sale of 29,758,334 ADS scheduled for 02/20/2025. The filing specifies a block trade at prevailing market price and identifies BMO Capital Markets Corp. as the broker.

How many underlying ordinary shares does each ADS represent for GMTL?

Each American Depositary Share reported equals five ordinary shares. That ratio is stated directly in the filing and determines the ordinary-share equivalent of the ADS being offered.

What sale method and pricing were disclosed in the Form 144?

The filing specifies a block trade executed at the prevailing market price on 02/20/2025. The excerpt does not provide a specific per‑share price or the buyer identity.

Who is listed as the broker in the Form 144 for GMTL?

BMO Capital Markets Corp. is named with an address in New York. The filing lists the broker in connection with the proposed ADS sale scheduled for 02/20/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 04:15 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002103467
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Guardian Metal Resources PLC
SEC File Number	001-43199
Address of Issuer	c/o Orana Corporate LLP 25 Eccleston Place London UNITED KINGDOM SW1W 9NF
Phone	44-207-0788-496
Name of Person for Whose Account the Securities are To Be Sold	UCAM Limited
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Stockholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing five ordinary shares, nominal value (GBP) 0.01 per share	BMO Capital Markets Corp. 151 W 42nd St New York NY 10036	914000	14907340.00	38961596	06/24/2026	NYSE American

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing five ordinary shares, nominal value (GBP) 0.01 per share	02/20/2025	Block trade at prevailing market price	Power Metal Resources PLC			29758334	02/20/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	In the field "Number of Shares or Other Units To Be Sold," 914,000 refers to the number of American Depositary Shares to be sold, representing 4,570,000 ordinary shares. All other numbers of shares, other units or securities contained herein relate to the number ordinary shares (including responses to "Number of Shares or Other Units Outstanding" and "Amount of Securities Acquired"). The "Date you Acquired" relates to the date the ordinary shares were acquired.
Date of Notice	06/24/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ John Demaine
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)