Metal Tiger PLC - natural resources investor - Buys 3.0 million shares at an average price of around ASD0.075 per share in Sydney-listed Southern Gold for AUD225,000 total, about USD170,750. Metal Tiger now holds 40.8 million shares, representing around 19% of the company.
Southern Gold is a gold explorer listed on the Australian Securities Exchange, owning 100% of a substantial portfolio of high-grade gold projects in South Korea.
Current stock price: 32.70 pence
Year-to-date change: up 41%
By Will Paige; willpaige@alliancenews.com
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