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Metal Tiger’s Johnson says latest fundraise will prove valuable

Paul Johnson, the executive director of Metal Tiger (LON:MTR), says the investment vehicle’s new funds will stretch far in the current commodity environment.

Earlier this week, the company raised £300,000 to take advantage of opportunities in the cash-strapped natural resources sector.

“This amount of money, combined with our previous fundraisings and gains from our direct equity portfolio make a real difference," he told Proactive. 

“We want to build diverse portfolio of attractive assets as quickly as possible ready for upturn in sector.”

The company currently has investments in Kibo Mining (LON:KIBO), Eurasia Mining (LON:EUA) and Ariana Resources (LON:AAU).

Quick facts: Metal Tiger PLC

Price: 21.5 GBX

Market: AIM
Market Cap: £33.27 m

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Metal Tiger PLC is well funded with interesting projects and looking for more

Metal Tiger Plc (LON-MTR) CEO Michael McNeilly and Director Terry Grammer sat down with Steve Darling from Proactive Vancouver to discuss their portfolio of resource investments.  The London-based team also talked about their current trip to Canada and the possibility of adding more...

on 07/31/2019

2 min read