METAL TIGER PLC: Application for admission to the ASX
December 18 2020 - 04:56AM
UK Regulatory
TIDMMTR
18 December 2020
Metal Tiger Plc
("Metal Tiger" or the "Company")
Application for admission to the ASX
Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed
investor in natural resource opportunities, is pleased to announce
that, in-line with its planned secondary compliance listing (as
announced on 21 August 2020) on the Australian Securities Exchange
("ASX"), it has today lodged its application for admission to ASX,
together with an Information Memorandum.
The Board believes that, should Metal Tiger's application be
successful, it should obtain the secondary listing status during Q1
2021. At the time of listing, the application for admission and
accompanying Information Memorandum will be released on ASX's
company announcement platform.
The Board believes that the secondary listing will expand the
profile of the Company and its shares, create improved price
discovery in the shares, provide access to new potential investors,
and improve deal flow in Australia.
Shareholders should note though that there is no guarantee that
Metal Tiger will be admitted to the official list of the ASX.
Further announcements in regards to admission to the ASX will be
made as and when appropriate.
For further information on the Company, visit:
www.metaltigerplc.com:
Enquiries:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 7099 0738
Mark Potter (Chief Investment Officer)
Richard Tulloch Strand Hanson Limited (Nominated Tel +44 (0)20 7409 3494
James Dance Adviser)
Jack Botros
Paul Shackleton Arden Partners plc (Broker) Tel: +44 (0)20 7614 5900
Steve Douglas
Gordon Poole Camarco (Financial PR) Tel: +44 (0)20 3757 4980
James Crothers
Hugo Liddy
Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London
Stock Exchange AIM Market ("AIM") with the trading code MTR and
invests in high potential mineral projects with a base, precious
and strategic metals focus.
The Company'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. Metal Tiger has two investment divisions: Equity
Investments and Project Investments.
Equity Investments invests in undervalued natural resource
companies. The majority of its investments are listed on AIM, the
TSX and the ASX, which includes its interest in Sandfire Resources
Limited (ASX: SFR). The Company also considers selective
opportunities to invest in private natural resource companies,
typically where there is an identifiable path to IPO. Through the
trading of equities and warrants, Metal Tiger seeks to generate
cash for investment for the Project Investments division.
Project Investments is focused on the development of its key
project interests in Botswana, where Metal Tiger has a growing
interest in the large and highly prospective Kalahari copper/silver
belt through its interest in Kalahari Metals Limited.
The Company actively assesses new investment opportunities on an
on-going basis and has access to a diverse pipeline of new
opportunities in the natural resources and mining sectors. For
pipeline opportunities deemed sufficiently attractive, Metal Tiger
may invest in the project or entity by buying publicly listed
shares, by financing privately and/or by entering into a joint
venture.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201218005254/en/
CONTACT:
Metal Tiger plc
SOURCE: Metal Tiger plc
Copyright Business Wire 2020
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