Metal Tiger Share Discussion Threads

[rhuvaal2] 21/4/2017 12:23

I have millions of these having sold some @ 5.8p... I shall sell into above that: good luck all

[someuwin] 21/4/2017 10:57

paul johnson‏ @pauljohnson9691 · 3 minutes ago

#MTR now even more undervalued. £4.85m financing clears the way for growth without investor placing fears. Market wrong here imho.

[geko5trade] 21/4/2017 10:36

After all that a pretty good result for these guys. More money at a decent price and a serious investor that lends some credibility. Be surprised if that doesn't consolidate the upward trend.

[2vdm] 21/4/2017 10:06

Well Sprott have done as asked, so funding in place. Now we await news. Fingers crossed

[brucie5] 21/4/2017 09:55

Come to join you here. Target short term: 4p. Modest enough for some; more than sufficient for me.

[rodrod1] 21/4/2017 09:41

Due diligence by Sprott; institutional support from North America; raised over 50% more than original £3m target; recent drilling results evidenced good copper/silver content; multiple assay results due to be reported to confirm those drilling results; ongoing drilling across the acreage; onsite lab (staffed independently to JV) to provide more rapid assay findings for future wide ranging drilling campaign.

[lazygun] 21/4/2017 09:23

Nothing wrong with banking a profit

L.

[barnetpeter] 21/4/2017 09:00

Sold the rest of mine today at 3p ....got 3.2 previously. Been a great run and will be watching closely. Good luck holders.

[someuwin] 21/4/2017 08:04

Excellent news. Now the rise can continue.

[someuwin] 21/4/2017 07:51

Sprott Private Placement Closes raising �4.85m

Metal Tiger plc



Metal Tiger Plc

("Metal Tiger" or the "Company")

Sprott Private Placement Closes raising �4.85m

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, further to the announcements on 29 March and 18 April 2017, it has closed its private placement offering, run by Sprott Capital Partners (Sprott), raising a total of �4,390,000 through Sprott and a further �460,000 through a placing and subscription of shares in the Company.

This represents the largest fundraise by the Company to date.

Highlights:
• Placing of 161,666,666 new ordinary shares in Metal Tiger at a placing price of 3p per ordinary share (the Placing Shares) raising gross proceeds of �4,850,000.
• Issue of 161,666,666 warrants to subscribe for 1,666,666 new ordinary shares in Metal Tiger at an exercise price of 6p per warrant, within a 5 year exercise period.
• Sprott to receive 4,850,000 Finder Warrants equal to3.0% of shares issued under the Placing. Each Finder Warrant permits the purchase of one Warrant Share for five years from the Closing Date at a price of �0.03 per unit. Upon exercise of a Finder Warrant, Sprott will be entitled on a 1 for 1 basis to a 6p warrant with a 5 year validity. In the event that Sprott exercised all of its 3p warrants it would be entitled to a further 4,850,000 warrants at 6p with a 5 year validity.
• Placing taken place at a circa 9% premium to the previous day closing price.
• Placing includes UK and international investors, with �460,000 coming from the UK with the international funds coming primarily from institutional investors.
• Largest fund raise to date for Metal Tiger providing funds for the Company to advance its interests across its mining portfolio of assets in particular T3 in Botswana where Metal Tiger has a JV with MOD Resources, and an economic interest of 30% in the T3 project.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

This is a significant moment for the Company raising �4.85m with the majority coming from institutional investors. The level of institutional support has been extremely satisfying and is demonstrable of the maturity and evolving nature of the business since the beginning of the financial year.

Metal Tiger is now well positioned to advance its main direct project interests, in particular matching its important 30% contribution toward the JV in Botswana both in regards to further exploration and to the T3 project as it moves up the development curve through PFS, DFS and ultimately to a decision to mine. This raise also gives Metal Tiger greater comfort with regard to the spin out of its Thai assets.

On behalf of the Board I thank all our existing and new shareholders for their support and we look forward to updating them further as we deliver material value.

The Placing Shares are expected to be admitted to trading on or around 27 April 2017. Following the issue of the 161,666,666 Placing Shares, the number of ordinary shares in issue in the Company will increase to 955,541,843 ordinary shares with one voting right each. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists of 955,541,843 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

[wisteria2] 20/4/2017 10:03

Thanks for the link DT.. GLA HOLDERS.

[dreamtwister] 19/4/2017 16:49

metal tiger @investors show

[wisteria2] 19/4/2017 16:17

Yes that's what I heard 3.2p and another tranche in 12 months at 4p and can,t sell till 2020!! fresh from the trickle!! gla

[cool hand kev] 19/4/2017 16:08

placing price at premium to current SP

[brando69] 19/4/2017 14:49

news trickling through that placing is on course?

[uknighted] 19/4/2017 14:48

Presumably a few people trying to guess how the Sprott deal will go - deadline day tomorrow unless it is revised again.

[cool hand kev] 19/4/2017 14:45

Don't hold your breath but is the share price due a blue finish?

[billionaire1] 19/4/2017 13:27

still no quack from this dead duck

[piperpeter] 19/4/2017 13:08

Anyone here holding ECR?

Pp.

[scotty1] 19/4/2017 12:15

hxxp://www.shareprophets.com/views/28536/video-michael-mcneilly-ceo-of-metal-tiger-presents-at-uk-investor-show-2017

[temmujin] 19/4/2017 10:23

this is heading back to 2p..will buy then

[activeservo] 18/4/2017 14:34

Ok I should have said "contains" a big treeshake.

I just look at these shares and imagine what I'd do if I was running the business. I'd be ruthless and scheming.

Being open and honest doesn't win in business, especially AIM.

[uknighted] 18/4/2017 14:26

All relevant to the topic and not a tree shake or a conspiracy in my opinion. It is the company and the nomad who issue these not the MMs.

[activeservo] 18/4/2017 14:07

I'm talking about the notice to shareholders section hence why the price has dropped...