Guardian Metal Rsrc. - Correction re exercise of warrants

9 January 2025

Guardian Metal Resources plc ("Guardian Metal" or the "Company")

Correction re Exercise of 17p Warrants

Further to its announcement of an exercise of warrants on 27 December 2024, Guardian Metal Resources plc (LON:GMET/OTCQB:GMTLF) announces that, due to a technical error, the admission to trading on AIM of 100,000 new shares in relation to the warrants ("Warrant Shares") did not occur on 6 January 2025 and is now expected to take place on or around 14 January 2025.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 100,000 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around 14 January 2025 ("Admission"). The Warrant Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

Following Admission, and the admission of the 2,500,000 shares issued pursuant to the placing announced on 6 January 2025, the Company's issued share capital will comprise 125,006,991 ordinary shares of 1p each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.