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Investing Policy Update & Investor Show Attendance

RNS Number : 4035K
Metal Tiger PLC
16 April 2015
 

Metal Tiger Plc

("Metal Tiger" or the "Company")

 

Investing Policy Update and Investor Show Attendance

 

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that the Company has now substantially implemented its Investing Policy and has satisfied the requirements of Rule 15 of the AIM Rules for Companies.  The Company also confirms its attendance at the UK Investor Show on Saturday April 18th 2015.

Investing Policy Update and Background

At a General Meeting held on 16 June 2014, shareholders approved a new Investing Policy and the Company became an investing company under Rule 15 with a name change to Metal Tiger plc.  Consequently, Metal Tiger plc was obliged to have made an acquisition that constituted a reverse takeover or otherwise have substantially implemented its investing policy within 12 months from that date.

 

In the ten months since the General Meeting Metal Tiger has been highly active and has built a diverse portfolio of investments under two divisions; Direct Equities and Direct Projects.  Direct Equities include strategic investments in fellow AIM quoted resource exploration and development companies including equity and warrant holdings.  Direct Projects include interests in precious, strategic and energy metals, with projects located in Spain, Thailand and Tanzania.  The Company also has working partnerships and collaborations in respect of potential new opportunities in precious metals exploration and development in Russia and Turkey.

 

Recognising the breadth and depth of the Company's investing activities Metal Tiger can now confirm it has substantially implemented its Investing Policy and satisfied the requirements of Rule 15 of the AIM Rules for Companies. 

 

Investor Show Attendance

 

Metal Tiger plc will be exhibiting at the UK Investor Show which is being held between 9am to 5pm on Saturday 18th April 2015 at the Queen Elizabeth II Conference Centre, London, SW1P 3EE.  Further information can be obtained from the show website at: www.ukinvestorshow.com.

 

Metal Tiger's CEO Cameron Parry commented: "Metal Tiger is pleased to confirm the substantial implementation of the Company's investing policy.  This important step deals with the 12 month deadline faced by all AIM quoted companies with new investing policies and means the Company can further build the business and garner investor support, with full confidence.  In particular Metal Tiger looks forward to reporting to market early results from the active precious and strategic metals field exploration in Spain and Thailand. 

 

We are also looking forward to meeting investors at the UK Investor show and discussing the Company, and its overall strategic plan, market investing rationale and Direct Project active exploration programmes."

 

 

 

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

 

Cameron Parry (CEO)

 

Tel: +44 (0)207 099 0738

Paul Johnson (Executive Director)

 

Tel: +44 (0)7766 465 617

Sean Wyndham-Quin

Neil Baldwin

Nick Emerson

Andy Thacker

Spark Advisory Partners Limited

(Nominated Adviser)

SI Capital

(Sole Broker)

 

 

 

Tel: +44 (0) 2033 683 555

www.sparkadvisorypartners.com

Tel: +44 (0) 1483 413 500

Notes to Editors:

 

Metal Tiger Plc is a natural resources focused investing company quoted on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and two investment divisions, Direct Equities and Direct Projects. 

 

The Direct Equities division invests in quoted natural resource explorers and developers, with a combination of shares and warrants providing a potential non-debt financing instrument and enhanced return potential.

 

The Direct Projects division invests in operational mineral exploration projects with current investments in Spanish Gold & Tungsten, Thai Gold, Copper & Antimony, and Tanzanian Gold and Uranium.  The Direct Projects investment division also has working collaborations to identify new investment opportunities in Russia (platinum focus) and Turkey (gold focus), in association with experienced in-country partners.

 

Metal Tiger'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 timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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