Guardian Metal Resources plc received £85,107.61 following notices to exercise warrants over 500,633 new ordinary shares of 1 pence each in the company.
The exercise on 26 July, was at a price of 17p per warrant share.
Following admission the company’s share capital will comprise 111,058,265 ordinary shares of 1p each, with voting rights.
A TR-1 notification showed that parent company Power Metal Resources plc’s voting rights in Guardian, previously 49.53%, crossed the threshold on 25 July to 48.84%, equating to 53,998,159 shares.