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Guardian Metal Resources plc has filed a registration statement with the SEC for a proposed IPO of its American Depositary Shares. The London-based company aims to list on the New York Stock Exchange under the ticker GMTL, with BMO Capital Markets Corp. acting as book-running manager.

Specific details regarding the number of shares and pricing remain undetermined, pending market conditions. The company also received a USD6.2 million grant from the US Department of Defense for its Pilot Mountain tungsten project.