Guardian Metal Raises $60M in Upsized US IPO.

Guardian Metal Resources has priced its initial public offering in the US, raising $60m through the sale of 4.4m ADSs at $13.50 each. The company, which is focused on tungsten exploration in Nevada, granted underwriters a 45-day option to purchase an additional 666,660 ADSs. The offering is expected to close on March 24, with trading on the NYSE American set to begin on March 20.