Metal Tiger plc Conversion of Securities
August 14 2017 - 2:00AM
UK Regulatory
TIDMMTR
Metal Tiger plc
14 August 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")
Exercise of Warrants
Metal Tiger (LON: MTR), the natural resources investing company
is pleased to announce that it has received completed signed
warrant conversion notices for the following amount:
Number of warrants Price (GBP) Pound value (GBP) New ordinary shares
exercised to be issued
11,875,000 GBP0.016 GBP190,000 11,875,000
The 11,875,000 new ordinary shares are expected to be admitted
to trading on or around 17 August 2017.
Following the issue of the new ordinary shares, the number of
ordinary shares in issue in the Company will increase to
988,628,768. For the purposes of the Financial Conduct Authority's
Disclosure and Transparency Rules ("DTRs"), the issued ordinary
share capital of Metal Tiger following this allotment consists of
988,628,768 ordinary shares with voting rights attached (one vote
per share). There are no shares held in treasury. This total voting
rights figure may be used by shareholders as the denominator for
the calculation by which they will determine whether they are
required to notify their interest in, or a change to their interest
in, Metal Tiger under the DTRs.
LEI number 213800K1IN6M1VCVPA93
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly Tel: +44(0)20 7099 0738
(Chief
Executive Officer)
Keith Springall Tel: +44 (0)20 7099 0738
(Finance
Director
&
Company Secretary)
Stephen Allen or RFC Ambrian Ltd Tel +44 (0)20 3440 6800
Bhavesh Patel (nominated
adviser)
Jonathan Williams RFC Ambrian Ltd Tel +44 (0)20 3440 6800
(joint broker)
Nick Emerson SI Capital Tel: +44 (0)1483 413 500
Andy Thacker (Joint Broker)
Andrew Monk VSA Capital Limited Tel: +44 (0)20 3005 5000
Andrew Raca (Joint Broker)
Gordon Poole Camarco Tel: +44 (0)20 3757 4980
James Crothers (Financial PR)
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
interests in two potentially near-production stage silver/lead/zinc
mines as well as 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.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20170813005053/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
August 14, 2017 02:00 ET (06:00 GMT)
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