Metal Tiger plc Conversion of Securities

 
TIDMMTR 
 
 

Metal Tiger Plc

8 August 2017

Metal Tiger Plc

("Metal Tiger" or the "Company")

Exercise of Warrants

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has received completed signed warrant conversion notices for the following amount:

 
  Number of warrants  Price (GBP)  Pound value (GBP)  New ordinary shares 
  exercised                                       to be issued 
  4,375,000           0.016      70,000.00        4,375,000 
 
 

The 4,375,000 new ordinary shares are expected to be admitted to trading on or around 14 August 2017.

Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 973,628,768. 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 973,628,768 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.

LEI number 213800K1IN6M1VCVPA93

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

 
Michael McNeilly (Chief                         Tel: [phone] 
Executive Officer) 
Keith Springall (Finance                        Tel: [phone] 
Director 
& Company Secretary) 
Stephen Allen or           RFC Ambrian Ltd      Tel [phone] 
Bhavesh Patel              (nominated 
                           adviser) 
Jonathan Williams          RFC Ambrian Ltd      Tel [phone] 
                           (joint broker) 
Nick Emerson               SI Capital           Tel: [phone] 
Andy Thacker               (Joint Broker) 
Andrew Monk                VSA Capital Limited  Tel: [phone] 
Andrew Raca                (Joint Broker) 
Gordon Poole               Camarco (Financial   Tel: [phone] 
                           PR) 
James Crothers 
 
 

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 high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector.

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.

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Market Abuse Regulations (EU) No. 596/2014

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170809005534/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

August 09, 2017 06:39 ET (10:39 GMT)