Metal Tiger plc Director Share Purchase

 
TIDMMTR 
 
 

Metal Tiger Plc

("Metal Tiger" or the "Company")

Director Share Purchase

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that the Company has been notified that on Friday 14 October Paul Johnson, Chief Executive Officer of Metal Tiger, purchased through the market 400,000 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") at an average price of 2.719 pence per Ordinary Share for a total on-market investment of GBP10,876.

Following this transaction, Paul Johnson has a beneficial interest in 9,250,000 Ordinary Shares and Michelle Johnson, wife of Paul Johnson holds 750,000 Ordinary Shares which together total 10,000,000 shares and represent circa 1.64% of the issued share capital of the Company

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

 
Alex Borrelli (Chief                                    Tel: [phone] 
Executive Officer) 
Terry Grammer (Non-Executive                            Tel: [phone] 
Chairman) 
Sean Wyndham-Quin              Spark Advisory Partners  Tel: [phone] 
                               Limited 
Neil Baldwin 
                               (Nominated Adviser)      www.sparkadvisorypartners.com 
Nick Emerson                   SI Capital               Tel: +44 (0) 
                                                        1483 413 500 
Andy Thacker                   (Joint Broker) 
Andrew Monk                    Financial Adviser        Tel [phone] 
Andrew Raca                    and Joint Broker 
 
 

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 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 ISDX or AIM partner with whom the Company is engaged.

Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Company's project based activities.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161016005078/en/

 
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(END) Dow Jones Newswires

October 17, 2016 02:14 ET (06:14 GMT)