METAL TIGER PLC: Sandfire Update
October 20 2022 - 6:42AM
UK Regulatory
TIDMMTR
20 October 2022
Metal Tiger plc
("Metal Tiger" or the "Company")
Sandfire Update
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed
investor in natural resources opportunities, is pleased to note
that Sandfire Resources Limited ("Sandfire") has announced
encouraging copper-silver (Cu-Ag) assay results from recent and
ongoing drilling at the A1 prospect, located 20km northeast of the
company's Motheo Copper Mine in the Kalahari Copper Belt (KCB) of
Botswana.
In addition, Sandfire has published its September 2022 Quarterly
Report and September 2022 Quarterly Report Presentation.
Metal Tiger is interested in 7,036,953 Sandfire Shares
representing approximately 1.72% of Sandfire's issued share
capital. As previously announced, 2,842,667 of the Sandfire Shares
held by the Company are subject to an equity derivative financing
arrangement with a global investment bank.
A link to Sandfire's Motheo A1 Satellite Prospect Exploration
Update, announced today, is set out below:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02584827-6A1116442?access_token=83ff96335c2d45a094df02a206a39ff4
A link to Sandfire's September 2022 Quarterly Report, published
today, is set out below:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02584825-6A1116441?access_token=83ff96335c2d45a094df02a206a39ff4
A link to Sandfire's September 2022 Quarterly Report
Presentation, published today, is set out below:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02584831-6A1116443?access_token=83ff96335c2d45a094df02a206a39ff4
For further information on the Company, visit
www.metaltigerplc.com:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 3287 5349
Mark Potter (Chief Investment Officer)
James Dance Strand Hanson Tel +44 (0)20 7409 3494
Robert Collins Limited (Nominated Adviser)
Steve Douglas Arden Partners plc (Broker) Tel: +44 (0)20 7614 5900
Simon Johnson
Gordon Poole Camarco (Financial PR) Tel: +44 (0)20 3757 4980
Elfie Kent
Rebecca Waterworth
Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London
Stock Exchange AIM Market ("AIM") and the ASX Market of the
Australian Securities Exchange Market ("ASX") 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.
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.
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/20221020005600/en/
CONTACT:
Metal Tiger plc
SOURCE: Metal Tiger plc
Copyright Business Wire 2022
(END) Dow Jones Newswires
October 20, 2022 06:42 ET (10:42 GMT)
Metal Tiger (LSE:MTR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Metal Tiger (LSE:MTR)
Historical Stock Chart
From Jul 2023 to Jul 2024