Metal Tiger plc Botswana T3 Resource Generation Update
September 22 2016 - 4:35AM
UK Regulatory
TIDMMTR
Metal Tiger Plc
("Metal Tiger" or the "Company")
Botswana T3 Resource Generation Update
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed
investor in strategic natural resource opportunities is pleased to
advise that MOD Resources (ASX:MOD) the Company's Joint Venture
partner in Botswana has entered into a trading halt on the ASX
until 26 September 2016 pending the release of the maiden JORC
compliant resource for the T3 target in the Kalahari Copper
Belt.
The trading halt temporarily suspends trading in the shares of
MOD resources whilst the company processes price sensitive news and
prepares relevant market announcements, in this case in respect of
the T3 JORC compliant maiden resource. Following release of the
price sensitive news, MOD resources will resume trading on the
ASX.
The shares of Metal Tiger will however continue to trade on the
AIM market in London and the Board of the Company look forward to
releasing details of the T3 maiden resource statement very
shortly.
For further information on the Company, visit:
www.metaltigerplc.com:
Paul Johnson (Chief Tel: +44 (0)7766 465 617
Executive Officer)
Terry Grammer (Non- Tel: +44 (0)207 099 0738
Executive
Chairman)
Sean Wyndham-Quin Spark Advisory Partners Tel: +44 (0)
Neil Baldwin Limited 2033 683 555
Nick Emerson (Nominated Adviser)
Andy Thacker SI Capital www.sparkadvisorypartners.com
(Sole Broker) Tel: +44 (0)
1483 413 500
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 ISDX or AIM partner with whom the Company is
engaged.
Metal Tiger also has an Asset Trading Division that holds
various financial instruments for trading purposes including
equities, warrants and royalty income. The aim of the division is
to generate profits to reinvest into the Company's project based
activities.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20160922005439/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
September 22, 2016 04:35 ET (08:35 GMT)
Metal Tiger (LSE:MTR)
Historical Stock Chart
From Sep 2024 to Oct 2024
Metal Tiger (LSE:MTR)
Historical Stock Chart
From Oct 2023 to Oct 2024