Metal Tiger PLC Investing Policy Update & Investor Show Attendance (4035K)
April 16 2015 - 3:31AM
UK Regulatory
TIDMMTR
RNS Number : 4035K
Metal Tiger PLC
16 April 2015
Metal Tiger Plc
("Metal Tiger" or the "Company")
Investing Policy Update and Investor Show Attendance
Metal Tiger (LON: MTR), the natural resources investing company
is pleased to announce that the Company has now substantially
implemented its Investing Policy and has satisfied the requirements
of Rule 15 of the AIM Rules for Companies. The Company also
confirms its attendance at the UK Investor Show on Saturday April
18(th) 2015.
Investing Policy Update and Background
At a General Meeting held on 16 June 2014, shareholders approved
a new Investing Policy and the Company became an investing company
under Rule 15 with a name change to Metal Tiger plc. Consequently,
Metal Tiger plc was obliged to have made an acquisition that
constituted a reverse takeover or otherwise have substantially
implemented its investing policy within 12 months from that
date.
In the ten months since the General Meeting Metal Tiger has been
highly active and has built a diverse portfolio of investments
under two divisions; Direct Equities and Direct Projects. Direct
Equities include strategic investments in fellow AIM quoted
resource exploration and development companies including equity and
warrant holdings. Direct Projects include interests in precious,
strategic and energy metals, with projects located in Spain,
Thailand and Tanzania. The Company also has working partnerships
and collaborations in respect of potential new opportunities in
precious metals exploration and development in Russia and
Turkey.
Recognising the breadth and depth of the Company's investing
activities Metal Tiger can now confirm it has substantially
implemented its Investing Policy and satisfied the requirements of
Rule 15 of the AIM Rules for Companies.
Investor Show Attendance
Metal Tiger plc will be exhibiting at the UK Investor Show which
is being held between 9am to 5pm on Saturday 18(th) April 2015 at
the Queen Elizabeth II Conference Centre, London, SW1P 3EE. Further
information can be obtained from the show website at:
www.ukinvestorshow.com.
Metal Tiger's CEO Cameron Parry commented: "Metal Tiger is
pleased to confirm the substantial implementation of the Company's
investing policy. This important step deals with the 12 month
deadline faced by all AIM quoted companies with new investing
policies and means the Company can further build the business and
garner investor support, with full confidence. In particular Metal
Tiger looks forward to reporting to market early results from the
active precious and strategic metals field exploration in Spain and
Thailand.
We are also looking forward to meeting investors at the UK
Investor show and discussing the Company, and its overall strategic
plan, market investing rationale and Direct Project active
exploration programmes."
For further information on the Company, visit:
www.metaltigerplc.com:
Cameron Parry Tel: +44 (0)207
(CEO) 099 0738
Paul Johnson Tel: +44 (0)7766
(Executive 465 617
Director)
Sean Wyndham-Quin Spark Advisory Partners Tel: +44 (0) 2033
Neil Baldwin Limited 683 555
Nick Emerson (Nominated Adviser) www.sparkadvisorypartners.com
Andy Thacker SI Capital Tel: +44 (0) 1483
(Sole Broker) 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 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, 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
(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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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