Metal Tiger plc Exercise of Warrants

 
TIDMMTR 
 
 

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 
   3,333,333           GBP0.02      GBP66,666.66       3,333,333 
   666,666             GBP0.02      GBP13,333.32       666,666 
 
 

The 3,999,999 new ordinary shares are expected to be admitted to trading on or around 14 November 2017.

Following this issue the Company has 1,041,979,644 ordinary shares in issue.

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

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] 
                             (Joint Broker) 
Gordon Poole                 Camarco            Tel: [phone] 
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, 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.

LEI: 213800K1IN6M1VCVPA93

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

View source version on businesswire.com: http://www.businesswire.com/news/home/20171107006844/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

November 08, 2017 02:00 ET (07:00 GMT)