Director Share Purchase
Metal Tiger Plc
(“Metal Tiger” or the “Company”)
Director Share Purchase
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities, announces that the Company has been notified that on Friday 14 October Paul Johnson, Chief Executive Officer of Metal Tiger, purchased through the market 400,000 ordinary shares of 0.01 pence each in the Company (“Ordinary Shares”) at an average price of 2.719 pence per Ordinary Share for a total on-market investment of £10,876.
Following this transaction, Paul Johnson has a beneficial interest in 9,250,000 Ordinary Shares and Michelle Johnson, wife of Paul Johnson holds 750,000 Ordinary Shares which together total 10,000,000 shares and represent circa 1.64% of the issued share capital of the Company
For further information on the Company, visit: www.metaltigerplc.com:
|Alex Borrelli (Chief Executive Officer)||Tel: +44 (0)207 099 0738|
|Terry Grammer (Non-Executive Chairman)||Tel: +44 (0)207 099 0738|
Spark Advisory Partners Limited
Tel: +44 (0)2033 683 555
|Tel: +44 (0) 1483 413 500|
|Financial Adviser and Joint Broker||Tel +44 (0) 20 3005 5000|
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, 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.
Copyright Business Wire 2016