METAL TIGER PLC: Cobre Update (ASX:CBE)

TIDMMTR 
 
 

Metal Tiger Plc

("Metal Tiger" or the "Company")

Cobre Update (ASX:CBE)

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to provide an update in relation to its investment in Cobre Limited (ASX:CBE) ("Cobre"). Cobre has today released its quarterly activities report to 30 September 2020.

Metal Tiger owns 18.79% of the issued share capital of Cobre.

The link to Cobre's quarterly activities report can be found below:

https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02302328-2A1260301?access_token=83ff96335c2d45a094df02a206a39ff4

Additionally, the link to Cobre's quarterly cash flow report can be found below:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02302329-2A1260302?access_token=83ff96335c2d45a094df02a206a39ff4

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

Enquiries:

 
Michael McNeilly  (Chief Executive Officer)           Tel: [phone] 
 Mark Potter       (Chief Investment Officer) 
Richard Tulloch   Strand Hanson Limited (Nominated    Tel [phone] 
 James Dance      Adviser) 
 Jack Botros 
Paul Shackleton   Arden Partners plc (Broker)         Tel: [phone] 
 Steve Douglas 
Gordon Poole      Camarco (Financial PR)              Tel: [phone] 
 James Crothers 
 Hugo Liddy 
 

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201030005225/en/

 
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Metal Tiger plc

 
    SOURCE: Metal Tiger plc 
Copyright Business Wire 2020 
 

(END) Dow Jones Newswires

October 30, 2020 03:58 ET (07:58 GMT)