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Metal Tiger takes chunk of Connemara Mining

Fri, 13th May 2016 12:03

(ShareCast News) - Friday brought another strategic investment from natural resource investing company Metal Tiger, as it confirmed it was putting £0.1m into Connemara Mining Company.The AIM-traded firm said the investment is entirely in cash, and is in exchange for five million Connemara shares at 2p.Metal Tiger is also to receive one warrant at 5p for each Connemara share purchased at 2p in the placing, with a warrant life of 24 months.Following completion, Metal Tiger will own 6.6% of Connemara Mining's issued share capital.This strategic investment in Connemara Mining demonstrates Metal Tiger's interest in natural resource exploration in Ireland and complements the investment made in Conroy Gold and Natural Resources recently," said Metal Tiger chairman Terry Grammer.He said the company is pleased to see the commitment of Connemara to use funds raised to continue drilling in Donegal, and they look forward to the results from the drilling programme in due course."Metal Tiger is keen to undertake and support further investment in Irish exploration through its Asset Trading and Metal Projects divisions, and further work is being undertaken to achieve this objective," Grammer explained."As and when further transactions are finalised we will notify the market accordingly."Metal Tiger's chief executive Paul Johnson already holds shares in Connemara Mining, with the company confirming he excluded himself from the investment decision.
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15 May 2018 15:06

Metal Tiger Notes Start Of Drilling Campaign At T3 Dome Complex

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said on Tuesday the major drilling campaign at the T3 Dome complex in Kalahari copper belt in Botswana has started, following of

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19 Mar 2018 11:20

Metal Tiger Raises Stake In MOD Resources To 6% After Further Buy (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Thursday it invested a further GBP36,500 in joint venture partner MOD Resources Ltd in

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15 Mar 2018 13:18

Metal Tiger Raises Stake In MOD Resources To 6.0% In Further Buys (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Thursday it invested a further GBP86,400 in joint venture partner MOD Resources Ltd in

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12 Mar 2018 12:10

Metal Tiger Raises Stake In MOD Resources To 5.9% After Placing (ALLISS)

LONDON (Alliance News) - Natural resources investor Metal Tiger PLC said Monday it invested a further GBP611,000 in joint venture partner MOD Resources Tiger in

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17 Feb 2017 12:02

Metal Tiger confirms exciting new mineralisation zone in Botswana

(ShareCast News) - Shares in Metal Tiger are down more than 16% despite it confirming the discovery of an "exciting new zone of mineralisation" beneath the T3 Resource, in Botswana's Kalahari Copper Belt. "We think that this new discovery has the potential to significantly improve the dynamics and e

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10 Feb 2017 08:51

Metal Tiger continues building Thai joint venture

(ShareCast News) - Natural resources investing company Metal Tiger updated the market on progress at its Thailand joint venture on Friday, saying the mine plan was "substantially complete", and the update of the Resource was progressing at pace with the team working to a tight deadline. The AIM-trad

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10 Jan 2017 15:36

Metal Tiger upbeat on progress in Botswana

(ShareCast News) - Strategic natural resource investor Metal Tiger updated the market on Tuesday, on its joint venture project with ASX-traded partners MOD Resources in the Kalahari Copper Belt in Botswana. The AIM-traded firm said the T3 deposit pre-feasibility study work had started, with drilling

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5 Jan 2017 08:01

Metal Tiger appoints Alastair Middleton to chief technical role

(ShareCast News) - Natural resources investing company Metal Tiger announced the appointment of Alastair Middleton as its technical director on Thursday, with immediate effect. The AIM-traded firm described him as a mining industry executive with more than 27 years of international experience in b

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30 Dec 2016 07:39

Metal Tiger Issues 7.5 Million Shares For Professional Services (ALLISS)

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13 Dec 2016 17:54

Metal Tiger Raises GBP1.6 Million In Share Placing And Subscription (ALLISS)

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12 Dec 2016 08:28

Metal Tiger upbeat on progress at Logrosan venture

(ShareCast News) - Natural resources investing company Metal Tiger provided an update on the drilling and exploration progress at the Logrosan Minerals joint venture in Extremadura, Spain on Monday. The AIM-traded firm said the Logrosan Minerals venture was targeting gold and antimony at the Maria P

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9 Dec 2016 08:42

Metal Tiger increases license area over Kalahari Copper Belt

(ShareCast News) - Metal Tiger (MTR), an AIM listed investor in strategic natural resource opportunities has secured 10 license extensions and acquired two new concessions for its joint venture (JV) project with MOD Resources in the Kalahari Copper Belt in Botswana. Two-year licence extensions ha

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5 Dec 2016 09:31

Metal Tiger Names New CEO And Chairman As Paul Johnson Rejoins Board

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28 Nov 2016 12:05

Metal Tiger turns down offer from BMR

(ShareCast News) - Metal Tiger, an AIM listed natural resources focused investing company, announced that it had received an indicative offer from Berkeley Mineral Resources (BMR) Group. BMR, a mining company that processes Lead and Zinc at Kabwe Mine in Zambia, has offered 0.231 of its shares for e

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28 Nov 2016 10:35

WINNERS & LOSERS SUMMARY: Fear Of Italian 'No' Vote Weighs On Banks

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