Tungsten ore exploration and development company Guardian Metal Resources(GMTL.US) applies for U.S. listing, plans to raise $50 million

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The Tongxun Finance APP has learned that Guardian Metal Resources, an exploration-stage mining company focused on tungsten mines and with projects in Nevada, USA, submitted an application to the U.S. Securities and Exchange Commission (SEC) on Thursday, planning to raise up to $50 million through an initial public offering (IPO). The company plans to list on the NYSE American market, with the stock ticker “GMTL.”

Guardian Metal Resources was established in 2021. The company is an exploration-stage mining firm focused on tungsten and other minerals in Nevada. Its main projects are the Pilot Mountain and Tempiute tungsten assets, both located in historically producing mining districts. In addition to tungsten, the company also holds early-stage exploration assets for copper, gold, silver, and lithium. Current activities include engineering work to support the feasibility study for the Pilot Mountain project and ongoing exploration and resource definition drilling at the Tempiute project.

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