Metal Tiger (LON:MTR)

Metal Tiger (LON:MTR)

Share Price
1.45 p
-0.03 (-2.03 %)
Market Cap
£22.50 m
Proactive Investors - Run By Investors For Investors

Metal Tiger RNS Release

Additional Investment into MOD Resources Limited

Additional Investment into MOD Resources Limited

Additional Investment into MOD Resources Limited

10 April 2018

Metal Tiger Plc

("Metal Tiger" or the "Company")

Additional Investment into MOD Resources Limited

Metal Tiger (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce an additional investment into MOD Resources Limited (ASX:MOD).

Further to the announcement of 12th March 2018, Metal Tiger has taken up its full entitlement under the 16 for 1 rights issue of 7,887,500 shares at a cost of A$370,713.

This additional investment increases Metal Tiger's shareholding to 138,800,415 shares or 6.0197% of MOD Resources Limited’s issued share capital.

Note: for the full year ended 31 December 2017 MOD Resources Limited reported a loss for the period of A$3,320,669 and total net assets of A$30,653,974.

For further information on the Company,

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

(Joint Broker)

Tel +44 (0)20 3440 6800
Nick Emerson SI Capital

(Joint Broker)

Tel: +44 (0)1483 413 500
Gordon Poole

James Crothers

Monique Perks


(Financial PR)

Tel: +44 (0)20 3757 4980

Metal Tiger plc

Metal Tiger Timeline

Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use