Metal Tiger plc Appointment of NRG - MOD Resources Strategic Options
September 18 2017 - 2:15AM
UK Regulatory
TIDMMTR
Metal Tiger Plc
("Metal Tiger" or the "Company")
Appointment of NRG - MOD Resources strategic options
Metal Tiger Plc (LON:MTR), the London Stock Exchange AIM listed
investor in strategic natural resource opportunities, is pleased to
announce that the Company has appointed Natural Resources Global
Capital Partners Limited ("NRG") to provide strategic and financial
advice in connection with the Company's strategic options relating
to its 30% holding in the Botswanan joint venture (the "Joint
Venture") with MOD Resources. NRG will work alongside the Company's
existing natural resources specialist adviser, RFC Ambrian
Limited.
NRG is an independent advisory firm and merchant bank focused on
the global mining & metals, oil & gas and energy
industries. Metal Tiger's dedicated team at NRG will be led by the
Chairman of NRG, Julian Vickers and Senior Partner, Mick
Oliver.
Michael McNeilly, Chief Executive Officer of Metal Tiger
commented:
"We are delighted to be working with a well-rounded team of
advisers to assess the Company's strategic options relating to
Metal Tiger's 30% interest in the Botswanan joint venture with MOD
resources and any possible transaction that may occur as a result.
This combination of advisers has the experience, knowledge and
network to assist the Board of Metal Tiger to make the right
decisions for the Company and for shareholders to realise
significant value from its 30% holding in the Joint Venture".
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly (Chief Tel: +44(0)20 7099 0738
Executive Officer)
Keith Springall (Finance Tel: +44 (0)20 7099 0738
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)
Rita Adiani NRG Tel +44 (0)203 709 4504
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 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/20170917005059/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
September 18, 2017 02:15 ET (06:15 GMT)
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