Power Metal Resources plc has reduced its shareholding in its tungsten-focused spin-out Guardian Metal Resources plc.
VOTING RIGHTS
A TR-1 notification shows that on 13 August 2025, Power Metal’s voting rights decreased from 17.78% to 14.75%, equal to a total of 24,699,825.
Guardian’s principal project is at the Pilot Mountain and Tempiute mine and mill tungsten project in Nevada, USA.
The company additionally holds gold, silver, copper and lithium licences also in Nevada.
Among Guardian’s other shareholders is Power Metal’s uranium joint venture majority partner UCAM Ltd.
Power Metal has multi polymetal licences and interests in Africa, Australia, Canada, Saudi Arabia as well as extraction from “secondary sources” in the UK.