MTR Metal Tiger Plc

TIDMMTR 
 

Metal Tiger plc

("Metal Tiger" or the "Company")

Southern Gold Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to note the publication of Southern Gold Limited's ("Southern Gold") quarterly report.

Southern Gold's quarterly report can be found at the following link:

https://www.asx.com.au/asxpdf/20200429/pdf/44hbs448t2m0f7.pdf

As announced on 23 March 2020, subject to completion of a planned fundraising, Metal Tiger will have a 17.1% equity interest in Southern Gold.

For further information on the Company, visit: www.metaltigerplc.com:

 
Michael McNeilly          (Chief Executive           Tel: +44 (0)20 7099 
                          Officer)                   0738 
Mark Potter               (Chief Investment 
                          Officer) 
 
Richard Tulloch          Strand Hanson              Tel +44 (0)20 7409 
  James Dance           Limited (Nominated         3494 
                         Adviser) 
  Jack Botros 
 
Paul Shackleton          Arden Partners plc         Tel: +44 (0)20 7614 
  Steve Douglas          (Broker)                   5900 
 
Gordon Poole             Camarco (Financial         Tel: +44 (0)20 3757 
  James Crothers        PR)                        4980 
 
  Hugo Liddy 
 

Notes to Editors:

Metal Tiger plc is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Direct Equities and Direct Projects.

The Direct Equities Division invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its 3.64% interest in Sandfire Resources NL (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment in the Direct Projects Division.

The Direct Projects Division is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200429005281/en/

 
    CONTACT: 

Metal Tiger plc

 
    SOURCE: Metal Tiger plc 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

April 29, 2020 04:32 ET (08:32 GMT)

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