MOD Resources Investment Update

MOD Resources Investment Update

MOD Resources Investment Update

15 March 2018

Metal Tiger Plc

("Metal Tiger" or the "Company")

MOD Resources Investment Update

Metal Tiger plc (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce the following on market purchase of shares in MOD Resources Limited (“MOD”) (ASX: MOD):

Date of purchase No of shares Price per share (A$) Total purchase price (A$)

Metal Tiger currently holds 129,500,000 MOD shares representing 5.98% of the issued share capital of MOD.

MOD reported audited net assets of A$31,504,515 and audited net loss of A$2,057,170 for the six months ended 30.06.17.

For further information on the Company, visit:

Michael McNeilly (Chief Executive Officer)      Tel: +44(0)20 7099 0738
Keith Springall (Finance Director & Company Secretary)Tel: +44 (0)20 7099 0738
Stephen Allen or Bhavesh PatelRFC Ambrian Ltd (Nominated Adviser)Tel +44 (0)20 3440 6800
Jonathan Williams RFC Ambrian Ltd

(Joint Broker)

Tel +44 (0)20 3440 6800
Nick Emerson SI Capital

(Joint Broker)

Tel: +44 (0)1483 413 500
Gordon Poole

James Crothers


(Financial PR)

Tel: +44 (0)20 3757 4980
Monique Perks

Metal Tiger plc