TIDMMTR

20 May 2021

Metal Tiger plc

("Metal Tiger" or the "Company")

Investment into Camino Minerals Corporation

Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource is pleased to announce that it has subscribed for 5,882,353 units at a price of C$0.017 per unit ("Unit") with each Unit consisting of one common share in the capital of Camino Minerals Corporation ("Camino") (TSXV:COR) and half a non-transferable common share purchase warrant (each whole warrant, "Warrant"), for a total consideration of C$1 million as part of Camino's C$7.5 million fundraise. Each Warrant entitles Metal Tiger to acquire an additional common share of the Camino at a price of C$0.25 per common share for a period of 24 months from the date of issue. Metal Tiger is now interested in 5,882,353 shares in Camino and 2,941,176 Warrants.

Camino is a discovery and development stage copper exploration company. The proceeds of the fundraise will be used to advance exploration at Camino's three copper projects in Peru: the Los Chapitos (IOCG) copper discovery, the Maria Cecilia porphyry complex (subject to the closing of Camino's acquisition of Minera Maria Cecilia Ltd.), and the Plata Dorada high-grade copper and silver project.

For the six months ended January 2021, Camino reported a net loss of C$835,296 and net assets of C$14,693,287 as at 31 January 2021.

For further information on the Company, visit: www.metaltigerplc.com

Enquiries:

 
Michael McNeilly     (Chief Executive Officer)        Tel: +44 (0)20 3287 5349 
Mark Potter          (Chief Investment Officer) 
 
James Dance          Strand Hanson Limited            Tel +44 (0)20 7409 3494 
 Georgia Langoulant  (Nominated Adviser) 
 
Paul Shackleton      Arden Partners plc (Broker)      Tel: +44 (0)20 7614 5900 
 Steve Douglas 
 
Gordon Poole         Camarco (Financial PR)           Tel: +44 (0)20 3757 4980 
 James Crothers 
 Hugo Liddy

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519006034/en/

 
    CONTACT:

Metal Tiger plc

 
    SOURCE: Metal Tiger plc 
Copyright Business Wire 2021

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May 20, 2021 02:00 ET (06:00 GMT)

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