1 Feb 2016 08:46
Metal Tiger Plc
1 February 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
MOD Resources Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased note the Quarterly Activities Report released via the ASX by MOD Resources (ASX:MOD) and covering the quarterly period ended 31 December 2015.
This quarter covered various key stages in the agreement for a new Joint Venture with MOD Resources and Metal Tiger in Botswana, a major new development for both companies. Therefore the aforementioned Quarterly Activities Report released by MOD contains information that may prove of interest to Metal Tiger shareholders and investors in general.
This Report can be reviewed via the formal ASX news release section at:
http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=mod&timeframe=Y&year=2016
The Report can also be reviewed in due course on MOD Resources website at:
http://www.modresources.com.au/#!asx-announcements/coaj
For further information on the Company, visit: www.metaltigerplc.com:
Cameron Parry (CEO) | Tel: +44 (0)207 099 0738 | |
Paul Johnson (Executive Director) | Tel: +44 (0)7766 465 617 | |
Sean Wyndham-Quin Neil Baldwin Nick Emerson Andy Thacker | Spark Advisory Partners Limited (Nominated Adviser) SI Capital (Sole Broker)
| Tel: +44 (0) 2033 683 555 www.sparkadvisorypartners.com Tel: +44 (0) 1483 413 500 |
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 significant 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.