Purebond Limited has reduced its voting rights in Guardian Metal Resources PLC to 5.004928%, according to a regulatory filing. The threshold was crossed on June 17, 2026, with the issuer notified on the same date. The total number of voting rights held by Purebond Limited stands at 9,750,000, down from a previous position of 5.025566%.

Voting Rights Breakdown

The filing details the resulting situation following the disposal of voting rights. Purebond Limited holds 9,750,000 direct voting rights, representing 5.004928% of the total. There are no indirect voting rights or financial instruments with voting rights attached.

Chain of Control

Solai Holdings Limited is identified as the ultimate controlling person, exercising control through Purebond Limited. The voting rights held through this chain equal or exceed the notifiable threshold of 5.004928%.

Additional Disclosures

Purebond Limited and Related Parties jointly hold 6.316197% voting rights in Guardian Metal Resources PLC. The filing was completed in London and submitted via the Regulatory News Service (RNS) of the London Stock Exchange.

Guardian Metal Resources has acquired Lincoln Estates Group LLC for US$1.3 million to secure water and land rights for its Tempiute Tungsten Project in Nevada. The transaction, completed through Golden Metal Resources, a wholly-owned subsidiary, includes 841 acres of real property and 2,540 acre-feet of annual water rights. This acquisition is located less than 10 miles from the Tempiute project and is intended to enhance the project's development potential by securing critical resources.

The acquired assets include water rights across three permits currently banked with the Lincoln County Water District. Guardian Metal retains the right to assign or transfer the beneficial interest in these water rights for use within the service area, which includes Tempiute. The property is zoned for mixed use, commercial, industrial, and single family purposes, providing direct access off Highway 375, the same access highway used by the Tempiute project.

Oliver Friesen, CEO of Guardian Metal, stated that securing these rights materially de-risks and supports the accelerated advancement of the Tempiute Tungsten Project. He noted that the rights, combined with substantial infrastructure remaining from the mine's operation in the 1980s, strengthen the foundation for redevelopment. The company continues to advance multiple workstreams, including ongoing resource-focused drilling.

Acquisition Details

The acquisition represents a key derisking milestone for the company as it advances the Tempiute project. The total purchase price for 100% ownership of Lincoln Estates was paid in cash. The following table summarizes the key assets acquired:

Strategic Context

Tempiute, formerly known as the Emerson Tungsten Mine, is a significant past producing tungsten mine discovered in 1916 and last operated during the 1980s. The project is located in south-central Nevada, less than 250 miles southeast of the company's Pilot Mountain Tungsten Project. Guardian Metal aims to build a resilient U.S. domestic tungsten supply chain to reduce reliance on foreign sources and reinforce economic and defense security.