05 February 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
Metal Tiger plc (LON:MTR) announces that Charles Hall (Non-executive Chairman, Director) has purchased 1,000,000 shares on market in MTR at an average price of 2.077 pence per share. Following this on market purchase Charles Hall is interested in 30,858,406 shares in Metal Tiger plc representing 2.82% of the Company.
Charles Hall is interested in the following options for new shares in Metal Tiger:
3,000,000 options at an exercise price of 3p with an expiry date of 18.02.2020; and
5,000,000 at an exercise price of 6p with an expiry date of 11.05.2022.
For further information on the Company, visit: www.metaltigerplc.com :
|Michael McNeilly (Chief Executive Officer)||Tel: +44(0)20 7099 0738|
|Keith Springall (Finance Director & Company Secretary)||Tel: +44 (0)20 7099 0738|
|Stephen Allen or Bhavesh Patel||RFC Ambrian Ltd (Nominated Adviser)||Tel +44 (0)20 3440 6800|
|Jonathan Williams|| RFC Ambrian Ltd |
|Tel +44 (0)20 3440 6800|
|Nick Emerson|| SI Capital |
|Tel: +44 (0)1483 413 500|
| Gordon Poole |
| Camarco |
|Tel: +44 (0)20 3757 4980|
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market (“AIM”) with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Company’s target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company’s key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tiger’s Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana, Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain, the Company has tungsten and gold interests in the highly-mineralised Extremadura region. In Thailand, Metal Tiger has interests in two potentially near-production stage silver/lead/zinc mines as well as licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an AIM or NEX Exchange (formerly ISDX) partner with whom the Company is engaged.
Metal Tiger plc