MTR.L Regulatory News (MTR)

METAL TIGER PLC

18 November 2015



Metal Tiger plc

("Metal Tiger" or the "Company")

Investment in ECR Minerals

Metal Tiger (LON:MTR), the natural resources investing company is pleased to announce the Company's Direct Equities division has entered into a subscription agreement to acquire £100,000 of equity in ECR Minerals (LON:ECR), with attaching warrants.

Readers are advised to review the announcement released by ECR in respect of this transaction, which can be viewed at www.ecrminerals.com.

Highlights

· Metal Tiger to invest £100,000 to acquire 500,000,000 new ordinary shares via a subscription in ECR Minerals plc at a price per ordinary share of 0.02p;

· Metal Tiger will receive one share warrant with each new ordinary share acquired for a total of 500,000,000 warrants with an exercise price of 0.04p and a 3 year term from admission of the subscription stock;

· In the event that ECR announces a total mineral resource estimate at their Danglay gold project in the Philippines exceeding 500,000 of gold equivalent, the exercise price of any unexercised warrants will increase to 0.06p per ordinary share.

Cameron Parry, CEO of Metal Tiger commented: "We are please to announce a further Direct Equity transaction with this investment into ECR Minerals plc. Metal Tiger's Direct Equity division is focused on the identification of, and investment in, significantly undervalued listed natural resource companies.

The currently challenging conditions in the natural resource sector have provided an extensive choice of investment opportunities for companies such as Metal Tiger, who have the working capital to take positions at what increasingly looks like a bottoming phase for the sector. 

In this case we feel the recent decline in share price of ECR and commensurate low valuation, combined with the upcoming potential news flow with regard to company operations, makes our investment a highly attractive opportunity.

Furthermore, with the inclusion of warrants Metal Tiger and its shareholders have enhanced upside potential from any rise in the underlying share price.

We look forward to further progress announcements from ECR Minerals over the coming weeks and months."

ECR Minerals plc reported net assets at 31 March 2015 amounted to £4,515,381 and in the year ended 30 September 2014 ECR reported a net loss of £1,746,397.

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

Notes to Editors:

Metal Tiger Plc is a natural resources focused investing company quoted on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and two investment divisions, Direct Equities and Direct Projects.

The Direct Equities division invests in quoted natural resource explorers and developers, with a combination of shares and warrants providing a potential non-debt financing instrument and enhanced return potential.

The Direct Projects division invests in operational mineral exploration projects with current investments in Spanish Gold & Tungsten, Botswanan Copper & Silver, Thai Gold, Copper & Antimony and Tanzanian Gold and Uranium. The Direct Projects investment division also has working collaborations to identify new investment opportunities in Russia (gold & platinum focus) and Turkey (gold focus), in association with experienced in-country partners.

Metal Tiger'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 timed to coincide where possible, with a cyclical recovery in the exploration and mining markets