Appointment of Chief Financial Officer

1 Sep 2020 13:49

Metal Tiger plc(“Metal Tiger” or the “Company”)

Appointment of Chief Financial Officer

Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce the appointment of Adrian Bock to the senior management team of the Company, as full time Chief Financial Officer, with effect from today.

Adrian will take over the role from Malcolm Bacchus who has been employed on a part time basis. Malcolm will remain with the Company for two months to assist with the transition and to oversee the publication of the Company’s interim results for the six months to 30 June 2020, due for publication by 30 September 2020.

Adrian is a qualified chartered accountant (CA (SA) and ACA) with significant experience in financial services and has held a number of CFO positions for listed and private companies. Adrian was recently the Group CFO for d.light Design Ltd, a company engaged in delivering solar power solutions to developing countries, and group finance director and joint CEO of Ellies Holdings Ltd, a South African electrical and satellite manufacturing business. Adrian is currently the managing director of ALB Capital Ltd, through which he provides corporate finance and outsourced CFO services.

Charles Hall, Chairman of Metal Tiger, commented:

“The Board and I are delighted to welcome Adrian to the Company at an exciting time in its growth. Adrian has proven himself to be a strong and highly astute Chief Financial Officer and we are delighted to welcome him to the team in a full-time role. With his financial services experience, we look forward to further strengthening our financial capability as we enact our investment strategy.

“The Board would also like to take this opportunity to thank Malcolm Bacchus for his contribution to the business over the last circa three years. Malcolm has been a highly regarded member of the Metal Tiger team and we wish him well in his future endeavours.”

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

Enquiries:

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market (“AIM”) with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company’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. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

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