Metal Tiger PLC UPDATE ON MOD - BOTSWANA

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Metal Tiger PLC

15 February 2017

Metal Tiger Plc

15 February 2017

Metal Tiger Plc

("Metal Tiger" or the "Company")

UPDATE ON MOD - BOTSWANA

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities notes the announcement by the Company's Venture partners in Botswana, MOD Resources (ASX:MOD).

MOD Resources has requested and entered a trading halt effective immediately pending the release of an announcement regarding significant drill results below the proposed T3 pit. The trading halt will remain in place until the earlier of announcement publication or commencement of trading on Friday 17(th) February 2017.

A link to the MOD trading halt announcement is provided below:

http://www.asx.com.au/asxpdf/20170215/pdf/43g0k29nbyz394.pdf

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

 
 Michael McNeilly(Chief                         Tel: [phone] 
  Executive Officer)                             0738 
 Keith Springall (Finance                       Tel: [phone] 
  Director & Company                             0738 
  Secretary) 
 Sean Wyndham-Quin          Spark Advisory      Tel: [phone] 
  Neil Baldwin               Partners Limited    683 555 
                             (Nominated          www.sparkadvisorypartners.com 
                             Adviser) 
 Nick Emerson               SI Capital          Tel: [phone] 
  Andy Thacker               (Joint Broker)      413 500 
 Andrew Monk                VSA Capital         Tel: [phone] 
  Andrew Raca                Limited             5000 
                             (Joint Broker) 
 Gordon Poole               Camarco             Tel: +44 (0)203 
  James Crothers             (Financial          757 4980 
                             PR) 
 

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 Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 15, 2017 03:08 ET (08:08 GMT)