MTR.L Regulatory News (MTR)

Metal Tiger Plc

8 February 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

Management Restructuring

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce a restructuring of the Company's Board of Directors and business management.

The role changes reflect the shifting needs of Metal Tiger as the company has now advanced from early stage resource investor into a diversified investing company in mineral exploration, development and, potentially, production.

Board Changes:

With effect from Monday 8th February 2016 Mr Paul Johnson, previously Executive Director, will assume the role of Chief Executive Officer of Metal Tiger. Mr Cameron Parry, previously Chief Executive Officer will assume the role of Non-Executive Director.

The Board of the Company with effect from 8th February 2016 will comprise:

Mr Terry Grammer (Non-Executive Chairman)

Mr Paul Johnson (Chief Executive Officer)

Mr Cameron Parry (Non-Executive Director)

Mr Alex Borrelli (Non-Executive Director)

As part of his appointment Mr Johnson will receive an additional 7.5m share options vesting immediately in Metal Tiger, with a 3 year exercise period and an exercise price of 1.70p per share, representing a premium of 100% to the closing share price on 5 February 2016.

Recognising the role changes, both Mr Johnson and Mr Parry will offer themselves for re-election at the 2016 Annual General Meeting. There is no requirement to do this, with both directors having been successfully re-elected in 2015 for a 3 year term. However both Mr Johnson and Mr Parry feel shareholders should be asked to re-elect on the basis of the new roles undertaken by both directors.

Company Secretarial Changes:

With effect from Monday 8th February Mr Michael McNeilly will assume the role of Company Secretary to Metal Tiger plc, a role previously undertaken by Mr Alex Borrelli a director of Metal Tiger. The change reflects the need for a dedicated Company Secretary to focus on the increasing compliance demands as the company grows in substance and diversity.

Michael McNeilly is an experienced corporate professional with many years experience working for two Nomads and having advised several private, Main Market, AIM and ISDX listed companies on a variety of corporate transactions.

Michael will be liaising with our experienced in-house administrative and financial accounting support providing the Company with a strong back-office team to deliver efficiently on the varied requirements of managing a company listed on the London Stock Exchange.

Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "I am delighted to assume the role of Chief Executive Officer of Metal Tiger plc and am grateful to Cameron for the hard work and dedication that enabled Metal Tiger to be formed and to grow so rapidly. Cameron and I have worked closely together since mid 2014 and over that period tremendous effort has been applied to bring Metal Tiger to this point.

I am extremely pleased to welcome Michael to the team as Company Secretary and look forward to utilising his experience and skills in that role. We will continue to build the Metal Tiger team with highly experienced and capable members as we continue to develop and grow and anticipate more appointments during the course of 2016.

Metal Tiger is now positioned with a portfolio including very high potential mineral projects, solid working capital and a pipeline of opportunities that could only exist during the bottoming phase of a mineral sector cyclical downturn. It is a highly exciting position to be in, however there is a substantial amount of work to do to drive the value of our interests and achieve the level of return for shareholders we desire. The first stage of this work is the release to market of our strategic review findings, as originally highlighted to market in our Shareholder Letter announced on 6 January 2016.

With the size, scale and value potential of our business interests this strategic review is designed to ensure we focus our business structure and resources in an optimal manner to deliver the highest return to shareholders."

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 Projects and Direct Equities.

The Direct Projects division invests in mineral exploration projects operated by trusted partners on the ground. Projects are selected for their strategic significance in terms of commodity, location and commerciality factors. Key strategic investments to date include Spanish Gold & Tungsten, Thai Gold, Copper & Antimony, and Botswanan Copper & Silver.

The Direct Equities division invests in quoted natural resource explorers and developers, with a combination of shares and warrants and seeks generate trading profits for reinvestment into the Direct Projects division.

Metal Tiger'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.