Source - Alliance News

Golden Metal Resources PLC - Nevada, US-focused critical and precious metals exploration and development company - Intends to change its name to Guardian Metal Resources PLC, effective from Monday. It says: ‘The change is to reflect the company’s success to date in progressing its projects in the strategic metals arena with the advancement of the Pilot Mountain project hosting what the company believes to be the largest known undeveloped tungsten deposit in the USA as well as at Garfield where the company is targeting a major copper discovery. The change also reflects the significance of the company’s projects to the supply of critical metals to the USA with numerous key defence, industrial and energy applications.’

Chief Executive Oliver Friesen comments: ‘We believe a more targeted name for the company reflects what we are undertaking more accurately and alongside successful operational activity will help to further attract strategic investors to our business.’

Current stock price: 24.55 pence each, closed down 1.8% on Tuesday in London

12-month change: up 8.63p

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