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MTR Metal Tiger Plc

9.06
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Metal Tiger Plc LSE:MTR London Ordinary Share GB00BMQC0691 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.06 8.00 10.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Metal Tiger plc Update on Sprott Private Placement Offering

18/04/2017 7:00am

UK Regulatory


Metal Tiger (LSE:MTR)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Metal Tiger Charts.
 
TIDMMTR 
 
 

"Not for distribution to U.S. news wire services or dissemination in the United States."

 

"This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available."

 

Metal Tiger Plc

 

("Metal Tiger" or the "Company")

 

Update on Sprott Private Placement Offering

 

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that further to the announcements on the 28 and 29 March 2017 relating to the Sprott Private Placement Offering, shareholders should note that Sprott and Metal Tiger have mutually agreed to extend the Closing Date from the 17 April 2017 to the 20 April 2017.

 

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 20 April 2017. If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the GBP4.29m. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

 

A further announcement will be made in due course.

 

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

 
Michael McNeilly (Chief                             Tel: +44(0)20 7099 0738 
Executive Officer) 
Keith Springall (Finance                            Tel: +44 (0)207099 0738 
Director 
& Company Secretary) 
Sean Wyndham-Quin          Spark Advisory Partners  Tel: +44 (0) 
Neil Baldwin               Limited                  2033 683 555 
                           (Nominated Adviser) 
                                                    www.sparkadvisorypartners.com 
Nick Emerson               SI Capital               Tel: +44 (0)1483 413 500 
Andy Thacker               (Joint Broker) 
Andrew Monk                VSA Capital Limited      Tel: +44 (0)20 3005 5000 
Andrew Raca                (Joint Broker) 
Gordon Poole               Camarco                  Tel: +44 (0)203 757 4980 
James Crothers             (Financial 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.

 
 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20170417005921/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

April 18, 2017 02:00 ET (06:00 GMT)

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