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Metal Tiger: Pouncing on Natural Resource Investments

CEO, Michael McNeilly discusses some of the company’s natural resource investments

Metal Tiger Plc is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

The company invests directly into projects, but they usually take minority stakes and non controlling positions where they can make a return and obtain a liquidity event.

“We’ve invested 7.7 million pounds into MOD Resources and the recent takeover offer from Sandfire Resources would place our value at about 25 million pounds”, says McNeilly.

Metal Tigers’ Cobre Investment, looks like it’s indicative of a VMS (Volcanogenic Massive Sulphide) type deposit in Australia. These types of deposits are exceptionally rare. ” It certainly will generate a lot of interest. We beat out a lot of interested parties to get that deal”, says McNeilly.

Metal Tiger looks to acquire up to 50% of Botswanan focused Kalahari Metals

Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) discusses with Proactive the news they've signed a binding investment agreement to acquire up to 50% of Botswanan focused explorer Kalahari Metals Limited (KML) for a total consideration of US$1.6mln.

McNeilly says they've exercised the first option under the agreement and is to be issued 18% of the enlarged share capital of KML for a total consideration of US$600,000.

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