General Meeting Update

RNS Number : 7358Z
Metal Tiger PLC
31 May 2016
 

Metal Tiger Plc

31 May 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

 

 

General Meeting Update

 

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, is pleased to provide an update following the Company's General Meeting today.

The Company is pleased to confirm that during today's General Meeting all resolutions were passed.

Investors wishing to learn more about the General Meeting resolutions are advised to refer to the Company's website where the Notice of General Meeting is posted.  In addition further background to the General Meeting can be found in the Company's Quarterly Activities Report dated 3 May 2016.

Paul Johnson, Chief Executive Officer of Metal Tiger plc commented: "I am pleased to confirm the passing of today's resolutions and thank shareholders for their support in this regard.

The passing of today's resolutions provides the company with the means to crystallise valuable commercial transactions and also to reward to staff and management of Metal Tiger who have worked hard to enable the company to progress thus far and whose engagement is key to continuing material progress.

I would encourage investors and shareholders to monitor developments in the Company and would confirm that Metal Tiger will be undertaking a number of face-to-face investor presentations in the near future.  Further details of these events will be announced shortly."

 

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

 

Paul Johnson (Chief Executive Officer)

 

Tel: +44 (0)7766 465 617

Terry Grammer (Non- Executive Chairman)

 

Tel: +44 (0)207 099 0738

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 listed on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus. 

 

The Company's target is to deliver a very 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.  The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.

 

Metal Tiger's Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand.   In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt.  In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.

 

The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities.  Pipeline projects deemed commercially viable may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged. 

 

Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income.  The aim of the division is to generate profits to reinvest into the Company's project based activities.

 


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