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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 0.0% 19.75 19.50 20.00 20.00 19.75 20.00 414,756 08:00:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -4.0 -0.3 - 31

Metal Tiger PLC Exercise of Warrants

11/02/2021 9:09am

UK Regulatory (RNS & others)


Metal Tiger (LSE:MTR)
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RNS Number : 7887O

Metal Tiger PLC

11 February 2021

11 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, in aggregate, the following amount:

 
  Number of warrants exercised  Price (GBP)  Pound value (GBP)  New ordinary shares to be issued 
            155,171               GBP0.20      GBP31,034.20                 155,171 
 

The 155,171 new ordinary shares are expected to be admitted to trading on AIM on or around 17 February 2021.

Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 153,518,519. 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 153,518,519 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 
  Mark Potter           (Chief Investment Officer)         3287 5349 
 James Dance           Strand Hanson Limited (Nominated   Tel +44 (0)20 7409 
  Jack Botros           Adviser)                           3494 
  Georgia Langoulant 
 Paul Shackleton       Arden Partners plc (Broker)        Tel: +44 (0)20 
  Steve Douglas                                            7614 5900 
 Gordon Poole          Camarco (Financial PR)             Tel: +44 (0)20 
  James Crothers                                           3757 4980 
  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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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February 11, 2021 04:09 ET (09:09 GMT)

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