Metal Tiger plc On Market Purchase in Thor Mining
February 08 2018 - 5:05AM
UK Regulatory
TIDMMTR
8 February 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
On market purchase - Thor Mining
Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed
investor in strategic natural resource opportunities, is pleased to
announce that it has purchased on market, 2,250,000 shares in Thor
Mining plc (LON/ASX:THR "Thor") at an average price of 3.61p per
share.
Metal Tiger's holding in Thor is 69,350,000 representing 11.24%
of the issued share capital in Thor.
For the year end 30 June 2017 Thor Mining plc reported an
audited net loss of GBP1,253,000 and as at 30 June 2017 had audited
net assets of GBP9,910,000.
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)
Nick Emerson SI Capital Tel: +44 (0)1483 413 500
(Joint Broker)
Gordon Poole Camarco Tel: +44 (0)20 3757 4980
James Crothers (Financial PR)
Monique Perks
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,
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.
Metal Tiger plc
View source version on businesswire.com:
http://www.businesswire.com/news/home/20180208005544/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
February 08, 2018 05:05 ET (10:05 GMT)
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