Guardian Metal Resources Raises $60mln in US IPO, Prepares for NYSE Listing.

Guardian Metal Resources has priced its US IPO at $13.50 per share, raising $60mln in gross proceeds. The company will list on NYSE American alongside its existing AIM quote on March 20. Guardian granted underwriters an option to buy up to 666,660 additional shares. The London share price was down 4.5% at 210p. BMO Capital Markets led the offering, with Cantor Fitzgerald, D.A. Davidson, and Berenberg Capital Markets as co-managers.