New Substantial Shareholder

Summary by AI BETAClose X

Guardian Metal Resources plc (LON: GMET, OTCQX: GMTLF) announced that Power Metal Resources plc sold its remaining 24,699,825 ordinary shares for £13,584,904 (55p per share) to an investment fund managed by Duquesne Family Office LLC. This transaction resulted in Duquesne holding a 14.75% stake in Guardian Metal. The CEO, Oliver Friesen, welcomed Duquesne as a major shareholder, highlighting the significance of this investment for the company's growth in the U.S. critical metals sector.

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