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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 | 0.00% | 9.06 | 8.00 | 10.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMTR
Metal Tiger plc
10 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 3,125,000 GBP0.016 GBP50,000.00 3,125,000
The 3,125,000 new ordinary shares are expected to be admitted to trading on or around 15 August 2017.
Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 976,753,768. 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 976,753,768 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 Tel: +44(0)20 7099 0738 (Chief Executive Officer) Keith Springall Tel: +44 (0)20 7099 0738 (Finance Director & Company Secretary) Stephen Allen or RFC Ambrian Ltd Tel +44 (0)20 3440 6800 Bhavesh Patel (nominated adviser) Jonathan Williams RFC Ambrian Ltd Tel +44 (0)20 3440 6800 (joint broker) Nick Emerson SI Capital Tel: +44 (0)1483 413 500 Andy Thacker (Joint Broker) Andrew Monk VSA Capital Limited Tel: +44 (0)20 3005 5000 Andrew Raca (Joint Broker) Gordon Poole Camarco Tel: +44 (0)20 3757 4980 James Crothers (Financial PR)
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 very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
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 interests in two potentially near-production stage silver/lead/zinc mines as well as 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170809006234/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
August 10, 2017 02:00 ET (06:00 GMT)
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