Guardian Metal Prices Upsized IPO At $13.50/ADS To Raise $60 Mln
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Guardian Metal Resources PLC has priced its upsized U.S. IPO at $13.50 per American Depositary Share (ADS), aiming to raise approximately $60 million. The offering includes 4.44 million ADSs and is set to close on March 24. The ADSs will begin trading on the NYSE American on March 20 under the ticker "GMTL." The company has also applied for trading on AIM, with admission expected around the same date. Following this, the total issued share capital will be 190.95 million ordinary shares.
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