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 | |
---|---|---|---|---|---|---|---|---|---|---|
-1.20 | -5.8% | 19.50 | 19.00 | 20.00 | 20.50 | 19.50 | 20.50 | 195,311 | 14:35:53 |
Industry Sector | Turnover (m) | Profit (m) | EPS - Basic | PE Ratio | Market Cap (m) |
---|---|---|---|---|---|
General Financial | 0.0 | -4.0 | -0.3 | - | 30 |
METAL TIGER PLC: Exercise of Warrants
23/02/2021 7:31am
UK Regulatory (RNS & others)
TIDMMTR
23 February 2021
Metal Tiger Plc
("Metal Tiger" or the "Company")
Exercise of Warrants
Metal Tiger (AIM: MTR), the London Stock Exchange AIM listed investor in natural resources opportunities, is pleased to announce that it has received warrant conversion notices for the following amount:
Number of New ordinary warrants shares to be exercised Price (GBP) Pound value (GBP) issued 962,996 GBP0.145 GBP139,634.42 962,996
The 962,996 new ordinary shares are expected to be admitted to trading on AIM on or around 1 March 2021.
Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 154,755,650. 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 will consist of 154,755,650 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.
For further information on the Company, visit: www.metaltigerplc.com:
Enquiries:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 3287 5349 Mark Potter (Chief Investment Officer) James Dance Strand Hanson Limited Tel +44 (0)20 7409 3494 Jack Botros (Nominated Adviser) Georgia Langoulant Paul Shackleton Arden Partners plc (Broker) Tel: +44 (0)20 7614 5900 Steve Douglas Gordon Poole Camarco (Financial PR) Tel: +44 (0)20 3757 4980 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/20210222006022/en/
CONTACT:
Metal Tiger plc
SOURCE: Metal Tiger plc Copyright Business Wire 2021
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