15 Feb 2017 08:08
Metal Tiger Plc
15 February 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")
UPDATE ON MOD - BOTSWANA
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities notes the announcement by the Company's Venture partners in Botswana, MOD Resources (ASX:MOD).
MOD Resources has requested and entered a trading halt effective immediately pending the release of an announcement regarding significant drill results below the proposed T3 pit. The trading halt will remain in place until the earlier of announcement publication or commencement of trading on Friday 17th February 2017.
A link to the MOD trading halt announcement is provided below:
http://www.asx.com.au/asxpdf/20170215/pdf/43g0k29nbyz394.pdf
For further information on the Company, visit: www.metaltigerplc.com:
Michael McNeilly(Chief Executive Officer) | Tel: +44(0)20 7099 0738 | |
Keith Springall (Finance Director & Company Secretary) | Tel: +44 (0)207099 0738 | |
Sean Wyndham-Quin Neil Baldwin | Spark Advisory Partners Limited (Nominated Adviser) | Tel: +44 (0) 2033 683 555 www.sparkadvisorypartners.com |
Nick Emerson Andy Thacker | SI Capital (Joint Broker) | Tel: +44 (0)1483 413 500 |
Andrew Monk Andrew Raca | VSA Capital Limited (Joint Broker) | Tel: +44 (0)20 3005 5000 |
Gordon Poole James Crothers | Camarco (Financial PR) | Tel: +44 (0)203 757 4980 |
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Company'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. The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tiger's Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an AIM or NEX Exchange (formerly ISDX) partner with whom the Company is engaged.