Metal Tiger plc Directorate Change and Option Extension
July 02 2018 - 2:00AM
UK Regulatory
TIDMMTR
02 July 2018
Metal Tiger plc
("Metal Tiger" or the "Company")
Directorate Change and Option Extension
Metal Tiger, the London Stock Exchange AIM listed investor in
strategic natural resources opportunities, today announces the
appointment of Mark Potter as Chief Investment Officer.
Mark Potter, a current Board member, will take on the executive
role as Chief Investment Officer effective immediately. Mr Potter
has over 15 years of international investment experience in the
mining sector and is the Founder and a Partner of Sita Capital
Partners LLP, an investment management and advisory firm
specialising in investments in the mining industry. He was formerly
a Director and Chief Investment Officer of London Stock Exchange
listed Anglo Pacific Group PLC, where he successfully led a
turnaround of the business through acquisitions, disposals of
non-core assets and successful equity and debt fundraisings. Prior
to Anglo Pacific Group he was a fund manager at Audley Capital
Advisors LLP, a natural resources investor.
Mr Potter was appointed to the Board of Metal Tiger as a
Non-Executive Director on 16 January 2017.
The Board has also decided to extend Terry Grammer's 3,330,000
options at 2p which were due to expire today for a period of 90
days until 30 September 2018. The Board has taken this decision as
the Directors are currently in a close period for dealing in the
Company's securities.
Michael McNeilly, Chief Executive Officer of Metal Tiger plc,
commented:
"On behalf of the Board, I am delighted to welcome Mark into his
new position as Chief Investment Officer. Mark has contributed
significantly in his role as a Non-Executive Director and it is the
Board's belief that he will add significant value to the executive
team and I personally look forward to working with him more closely
on a day-to-day basis.
Mark's extensive investment and listed company experience will
be of significant value to Metal Tiger as we manage existing
investments and consider further investment opportunities to
deliver growth."
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 7099 0738
Keith Springall (Finance Director & Tel: +44 (0)20 7099 0738
Company Secretary)
Stephen Allen or RFC Ambrian Ltd Tel +44 (0)20 3440 6800
Bhavesh Patel (Nominated Adviser)
Charlie Cryer RFC Ambrian Ltd Tel +44 (0)20 3440 6800
(Joint Broker)
Nick Emerson SI Capital (Joint Broker) Tel: +44 (0)1483 413 500
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.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180701005099/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
July 02, 2018 02:00 ET (06:00 GMT)
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