8th Jul 2024 14:21
Guardian Metal Resources PLC - Nevada, US-focused critical and precious metals exploration and development company - Confirms name change, which was announced in June. "The change of name is to reflect the company's success to date in advancing projects in the strategic metals arena with the advancement of Pilot Mountain hosting the largest known undeveloped tungsten deposit in the USA as well as at the Garfield project where the company is targeting a major copper discovery. The change also reflects the significance of the company's projects to the supply of critical metals to the USA with numerous key defense, industrial and energy applications," it says.
Chief Executive Oliver Friesen says: "A big thanks to everyone behind the scenes who has helped us finalise this name change. With our now upgraded US quotation, we are excited to now drive the business forward as Guardian Metal Resources PLC, which much better reflects the strategic assets we own within the mining-friendly state of Nevada, as well as our main objective to be a part of the important reshoring efforts to bring critical and defence metal supply chains back onto US soil."
Current stock price: 29.56 pence, up 5.6% in London on Monday
12-month change: up from 8.25p
By Sophie Rose, Alliance News senior reporter
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