Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Metal Tiger PLC (MTR)     

banjomick - 10 May 2016 16:21

logo.png                  
                                                     

Metal Tiger's mission is to deliver a high return for shareholders by investing in significantly undervalued and/or highly prospective opportunities in the mineral exploration and development sector timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.



Chart.aspx?Provider=Intra&Code=MTR&Size=480&Skin=RedWhite&Scale=0&Type=2&Cycle=MINUTE1&Layout=Intra;IntraDate&E&Ind=VOLMA(60);&Layout=Intra;IntraDate&E=UK&YFormat=&XCycle=Hour2&Fix=1&SV=0Chart.aspx?Provider=EODIntra&Code=MTR&Size=480&Skin=BlackBlue&Type=2&Scale=0&Span=MONTH6&MA=&EMA=&OVER=&IND=VOLMA;&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0


NEWS
MTR Website & All The NEWS
Asset Trading Page

12th Mar 2018 Additional Investment into MOD Resources Limited
01st Mar 2018 Directorate change
27th Feb 2018 Investment in Connemara
22nd Nov 2017 Submission of Members Statement to Kingsgate
24th Aug 2017 Botswana Copper/Silver Project – T3 Mineral Resource Estimate Upgraded

VIDEO/AUDIO/PRESENTATIONS



EVENTS
21st Apr 2018 UK Investor Show 21st April 2018


SOCIAL MEDIA
twitter-MTR
twitter-MOD Resources Ltd

mentor - 24 Oct 2016 13:05 - 213 of 474

I said once, I said twice and now I going to say it again.

No matter what the crook CEO does ( the last time bought shares ) The company is on a mess.
The rumours around is He was buying shares on various companies ( worth nothing ) but he was getting something in return.

strange?

A few days ( 1 week ) without news being posted (It was a daily routine ), is someone tired of seeing the share price on the way down for some time now?

2.50p now has half in price in 6 months.

banjomick - 24 Oct 2016 13:50 - 214 of 474

mentor, what was Paul Johnson getting in return?

"mentor - 24 Oct 2016 13:05 - 213 of 213
I said once, I said twice and now I going to say it again.

No matter what the crook CEO does ( the last time bought shares ) The company is on a mess.

The rumours around is He was buying shares on various companies ( worth nothing ) but he was getting something in return.

strange?

A few days ( 1 week ) without news being posted (It was a daily routine ), is someone tired of seeing the share price on the way down for some time now?

2.50p now has half in price in 6 months. "

mentor - 24 Oct 2016 14:54 - 215 of 474

banjo

What is your point on Posting my post again?

It seems you are now on the list of undesirable ( and that is not a rumour )
It looks very suspicious you way of posting here, I am still wondering the role of yours but certainly does not look any good.
------------
Question?

Don't bee silly ( no you have to be ), ask the rumouroid that, I am just passing the rumour


and it looks a disgrace by your part, to promote a company with corrupt people on the helm.

the sooner he goes the better for the company and YOU ( it seems you lost part of you sense on keeping the shares (it shows novice work at play ) stop loss should be applied.

woolly cumuli (#) - banjomick - Metal Tiger

Sometimes
I think
I am rumour
floating around
like a bunch
of woolly cumuli
not really solid
not really substantial
an allusion
a reference
in a conversation
a jumble of
adjectives
a game of
Chinese whispers
not quite there
yet there.

(#)

banjomick - 24 Oct 2016 15:21 - 216 of 474

mentor, or do you mean Alex Borrelli since he replaced Paul Johnson as CEO earlier this month?

mentor, you say "and it looks a disgrace by your part, to promote a company with corrupt people on the helm." Who exactly is corrupt in Metal Tiger, please explain yourself?

mentor - 25 Oct 2016 11:53 - 217 of 474

Ouch

the crook's are having a knock on the share price

maybe next time will be at the door....LOL
--------------
The Babel Tower is falling in pieces

the corruption goes from the wife of the chairman ( buying shares a couple days before a big announcement to the CEO ( multiple deals on rubbish companies ) and losing control of the going on of the company

banjomick - 25 Oct 2016 15:39 - 218 of 474

A reminder but also worth noting ***Metal Tiger Plc is a Reseach Client of
Dowgate Capiital Stockbrokers***


3 Oct Dowgate Capital 13.00 Buy
Dowgate Buy Note 3rd October 2016

8 Aug Dowgate Capital 8.32 Buy

19 Apr Dowgate Capital 6.25 Buy

23 Feb Dowgate Capital 2.42 Buy

14 Jan Dowgate Capital 2.30 Buy

Another reminder and worth a read:

Notice of General Meeting - 1 November 2016

banjomick - 28 Oct 2016 10:18 - 219 of 474

Metal Tiger Plc

Botswana Encouraging Extension and Infill Drilling Results

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update with regard to the exploration programme at the Companys Joint Venture (JV) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources / 30% Metal Tiger).

An update regards extension and infill drilling at the Target 3 (T3) Resource is provided below.

In addition, we would refer to the announcement released today by MOD Resources which contains images, graphs and diagrams that may assist readers in an understanding of the project. This announcement can be viewed through the following link:

http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Alex Borrelli, Chief Executive Officer of Metal Tiger commented:
Work at the T3 Resource project is progressing well with positive infill drilling results (seeking to upgrade more Resource to the Indicated category) and the completion of a second deep diamond drill hole targeting the Induced Polarisation geophysics anomaly below and down-dip of the T3 Mineral Resource.

Whilst we currently await the assay grades from the deep IP hole, visual inspection confirms the presence of both disseminated and vein-hosted copper mineralisation at depth below the Resource. Further IP traverses and initial wide spaced deep drilling will help determine whether this down-dip mineralisation has the potential to provide a Resource extension.

In addition, the along strike extension potential will be tested by a planned programme of Reverse Circulation traverses designed to intersect the T3 Target Sequence over a 14km strike distance.

Highlights:

T3 Resource - Depth Extension Testing

The potential for extensions to the T3 Resource, down-dip, at depth, is being tested by Induced Polarisation (IP) geophysics and deep drilling (as announced 10th October 2016).

Deep diamond drill hole, MO-T3U-02D, the second hole to test the IP chargeability anomaly has intersected 35m interval with copper sulphides from a downhole depth of 466.4m approximately 600m down dip from the centre of the T3 Resource area.

Moderate disseminated and local vein hosted mineralisation consisting chalcopyrite, chalcocite, bornite and minor native copper were intersected in several zones of the T3 Target Sequence. The T3 Target Sequence is the lithological package of rocks which host the mineralisation constituting the T3 Resource. It is currently unclear whether the intersected mineralisation is responsible for the IP chargeability anomaly. Assay results are pending along with a full geological interpretation.

Further IP geophysics traverses and wide spaced diamond drilling is planned to test the potential of the T3 Target Sequence for hosting further vein hosted mineralisation along strike and down-dip from the Resource.

Current Exploration Plan T3 Strike Extension Testing

Reverse Circulation (RC) drilling on 1km spaced traverses is planned along 14km of the interpreted T3 Target Sequence to the east and west of the T3 Resource area.

Soil sampling coverage will be extended along approximately 50km of interpreted, prospective contact constituting the Central Target Zone surrounding the T3 Dome.

A recent reinterpretation of the regional magnetics data and the structural setting of the T3 Resource area has facilitated the planning of this exploration work.

It is noteworthy that Cupric Canyon Capitals Chalcocite Zone deposit (47Mt @ 0.56% Cu) is located, on the JV licence boundary, 32km east along strike from the T3 Resource. Both deposits are interpreted to occur close to the contact with the Kalahari footwall sandstone sequence (Ngwako Pan Formation).

T3 Resource - Infill Drilling Progress

One diamond drilling rig is in operation within the T3 Resource area. The T3 JORC compliant Mineral Resource Estimate announced 26 September 2016 consists: 28.36Mt@ 1.24%Cu & 15.7g/t Ag for 350kt Cu & 14.27Moz Ag at 0.5% Cu cut-off.

Infill drilling is being undertaken to upgrade Inferred Resources to the Indicated Category and to assist in the design of the scoping study open pit.

Key results and down-hole intersections for the four recent infill drill holes include:

Hole MO-G-52D
48.3m @ 1.4% Cu & 9g/t Ag from 108.0m

Hole MO-G-53D
40.1m @ 1.1% Cu & 8g/t Ag from 109.0m
5.2m @ 1.4% Cu & 14g/t Ag from 173.0m

Hole MO-G-54D
3.5m @ 1.1% Cu & 3g/t Ag from 107.5m
35.3m@ 1.1% Cu & 12g/t Ag from 116.0m
3.0m@ 1.7% Cu & 29g/t Ag from 173.0m

Hole MO-G-55D
33.0m @ 1.2% Cu & 15g/t Ag from 119.0m
3.1m@ 1.1% Cu & 14g/t Ag from 159.9m
2.3m@ 1.7% Cu & 27g/t Ag from 171.7m

All holes were designed to intersect the northerly dipping mineralisation, and are orientated with an azimuth of 160deg and dip of 60deg. MO-G-052D and MO-G-053D reached a down hole depth of 194m, MO-G-54D reached 197m and MO-G-55D reached 185m. The holes are located within the centre of the T3 Resource area. Assay results for a further three infill holes are currently awaited whilst a fourth infill hole (MO-G-59D) is currently in progress. A table of the drill collar locations is provided in the MOD release referenced above.

T3 Scoping Study Update


The scoping study examining the potential of the T3 Resource for open-pit mining is progressing well and on course to be completed by the end of the year. The metallurgical testwork and preliminary environmental and permitting studies have been completed.

The open-pit design optimisation is well advanced and the conceptual plant design work is nearing completion.

Competent Persons
The T3 Prospect geological data and exploration results have been reviewed and approved by Jacques Janse van Rensburg, BSc (Hons), Technical Adviser and Competent Person for MOD Resources Ltd. The Competent Person for the Mineral Resource estimation and classification of the T3 Copper/Silver Project is Mr A.I. Pretorius, MSc. Pri.Sci.Nat.

Location
The T3 Prospect is located on the Kalahari Copper Belt in northern Botswana and is part of the MOD/MTR joint venture Botswana Copper/Silver Project. T3 is located approximately 70km NE of the projects Tshimologo (T4) Prospect and is located parallel to the same structural trend known as the Mahumo Structural Corridor, that hosts MODs Mahumo Project (circa 20km NE of T3) and Cupric Capitals Banana Zone Deposit (60km NE) and Zone 5 Project (120km NE).

http://www.moneyam.com/action/news/showArticle?id=5439539

mentor - 28 Oct 2016 11:45 - 220 of 474

I do not like the management though there was a bit of a change at the top
but my concept is trading so I bought SOME today

reasons:
Large fall over 50% and after a couple days of pause is moving higher, normal trading way of how charting operates. Volume buying is reversing the way was lately mainly selling.

p.php?pid=staticchart&s=L%5EMTR&width=275&height=330&p=0&t=1&cb=p.php?pid=staticchart&s=L%5EMTR&width=330&height=205&p=2&t=1&dm=2&vol=1&cb=p.php?pid=staticchart&s=L%5EMTR&width=295&height=330&p=5&t=1&cb=

banjomick - 28 Oct 2016 11:55 - 221 of 474

mentor, you don't have to explain your trading style and reasons to me/here but good luck anyway.

mentor - 28 Oct 2016 14:26 - 222 of 474

banjo

re - explain to me

you are the one here posting one too many, but there are others reading the post apart from you, so my posting was NOT for you for sure.

Taking the P!ss on top

Did you notice your name was not there?
Specsavers do a good pricing this days 2 for 1

mentor - 28 Oct 2016 14:43 - 223 of 474

One of their investments is doing well for the last couple days GGP and KIBO wants to go better as is EUA

p.php?pid=staticchart&s=L%5EGGP&width=300&height=240&p=2&t=1&dm=2&vol=0&cb=p.php?pid=staticchart&s=L%5EKIBO&width=300&height=240&p=2&t=1&dm=2&vol=0&cb=p.php?pid=staticchart&s=L%5EEUA&width=300&height=240&p=2&t=1&dm=2&vol=0&cb=

banjomick - 28 Oct 2016 19:52 - 224 of 474

Metal Tiger shares advance on further positive Botswana findings
14:20 28 Oct 2016

Infill drilling at the T3 resource area is being carried out, the firm said

757z468_shutterstock_176799659_58135158c5a6a.jpg

Metal Tiger PLC (LON:MTR) shares gained ground as it posted further positive drill results from the Botswana joint venture with partner MOD Resources (ASX:MOD).

Infill drilling at the T3 resource area is being carried out to upgrade inferred resources into the higher confidence indicated category and to assist in the design of the scoping study open pit.

Key results from four recent infill drill holes include 48.3 metres at 1.4% copper and 9 g/t (grammes per tonne) silver from 108 metres.

Another hole returned 35.3m at 1.1% copper and 12g/t (grams per tonne) silver from 116 metres.

Alex Borrelli, chief executive at Metal Tiger, said: "Work at the T3 Resource project is progressing well with positive infill drilling results and the completion of a second deep diamond drill hole targeting the Induced Polarisation geophysics anomaly below and down-dip of the T3 Mineral Resource.

"Whilst we currently await the assay grades from the deep IP hole, visual inspection confirms the presence of both disseminated and vein-hosted copper mineralisation at depth below the resource.

"Further IP traverses and initial wide spaced deep drilling will help determine whether this down-dip mineralisation has the potential to provide a resource extension."

He added that further extension to the strike will be tested by a planned programme of reverse circulation (RC) drilling designed to intersect the T3 target sequence over a 14km strike distance.

Giles Gwinnett

69060_163846843643689_7687549_n.jpg?oh=52ef742edebb7fc9a008d00944f4ae79&oe=587E150A

Also:

logo-dl.png

banjomick - 31 Oct 2016 13:09 - 225 of 474

MiningMaven Podcast No 55 with Gervaise Heddle Discussing #Gold #MTR #MOD #GGP + #THR

Gervaise Heddle is our guest once again on todays podcast as we discuss our expectations for the gold price in the context of the US election - now just over a week away.

We then take a look at some of the stocks in which we are mutually invested, with a particular focus on Metal Tiger (LON:MTR) in the light of their recent board changes and progress with MOD Resources (ASX:MOD) in Botswana.

https://audioboom.com/posts/5224899-miningmaven-podcast-no-55-with-gervaise-heddle-discussing-gold-mtr-mod-ggp-thr

banjomick - 01 Nov 2016 10:17 - 226 of 474

1 November 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

QUARTERLY ACTIVITIES REPORT

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce its Quarterly Activities Report (“QAR” or the “Report”) covering the period from July to September 2016, and subsequent material activities.

The Report was introduced in Metal Tiger’s Strategic and Operational Update announced to market on 25th February 2016 and will align Metal Tiger with normal reporting processes in established resource markets such as the ASX and TSX.

Alex Borrelli Chief Executive Officer of Metal Tiger said “Metal Tiger has once again seen an ambitious quarter of business development and growth. It is particularly pleasing to see that our investment in Botswana yielded a significant, JORC compliant, maiden copper-silver resource statement after only commencing exploration drilling the first quarter of 2016. It is also pleasing to see our intensive work in Thailand lead to the signing of a commercial agreement to permit two commercially attractive and longstanding silver-lead-zinc mines and refurbish the processing plant located at one of the mine sites.

Metal Tiger’s ability to generate considerable investment returns, combined with access to reasonably priced capital has charged our business with the financial liquidity to grow at pace. This has been achieved notwithstanding the difficult sector conditions in quarter 3 2016, and in fact during the couple of years since Metal Tiger commenced activities in mid 2014.

Our work continues as we pursue further rapid growth within our business whilst ensuring we remain diligent and focused on directing Company capital to those resource opportunities offering the most considerable upside potential for shareholders.”

Botswanan Joint Venture (“JV”) (30% Metal Tiger):

• Exploration work continued throughout the quarter, with drilling and sampling work conducted by our JV partners MOD Resources helping to enhance the high grade, near surface copper/silver discovery at T3 and highlight further additional targets for high impact drilling including the T3 IP Anomaly and T2 exploration targets.

• The T3 Project maiden JORC compliant Mineral Resource Estimate of 28.36Mt @ 1.24% Cu & 15.7g/t Ag was released 26 September 2016. With 64% of the total Resource tonnes classified as Indicated, remainder Inferred category, it included circa 350,200 tonnes of copper and 14.3 million ounces of silver (at 0.5% Cu cut-off grade). In addition there is further considerable upside potential both at T3 and across multiple exploration targets within the JV licence area in Botswana.

• The JV is now undertaking a Scoping Study examining the potential of the T3 resource for open-pit mining. On 28 October 2016 the JV announced that metallurgical testwork and preliminary environmental and permitting studies have been completed, the open-pit design optimisation is well advanced and the conceptual plant design was nearing completion.

• On 28 October 2016 the JV also announced encouraging infill drilling results at the T3 Resource and details of the T3 deposit down-dip and strike extension testing.

• JV partners continue to receive interest in the Botswanan work from third parties including major mining organisations and investment funds. Recently this has included interest in Metal Tiger’s 30% minority position and the Company continues to liaise with third parties in this regard. Shareholders should be aware that there can be no assurance that any such interest will lead to a commercial outcome unless this is confirmed via regulatory market announcement.

Thailand JV (90% Metal Tiger):

Firstly, all members of the Metal Tiger community would like to express our heartfelt condolences to the People of Thailand in the passing of His Majesty, King Bhumibol Adulyadej on 13 October 2016. The Company joins in honouring the ongoing grieving process and will continue to follow government guidance on operations during the grieving period as business continues. Below includes a summary of recent activities.

• Advanced negotiations were undertaken early in the quarter in respect of the Boh Yai and Song Toh Silver-Lead-Zinc mines, which are former operating mines with a full existing processing plant on site. Subject to permitting and some refurbishment work the mines are capable of production in the near term.

• On 23 August 2016 Metal Tiger’s Thai Joint Venture announced the signing of a landmark commercial agreement to acquire a material interest in the mine properties. Permitting work and mine restoration planning is now underway with various technical consultants and government agencies including the Department of Primary Industry and Mines. In the ACA Howe 2013 NI 43-101 Compliant Technical Study and Preliminary Economic Assessment (the “2013 PEA”) study commissioned by South East Asia Mining (now Metal Tiger Thailand) the project was given a pre-tax US$75.9million net present value (discount rate 10%), with a circa 13.6 years of mine life at projected processing rates. It is significant that the 2013 PEA made no allowance for the potential to increase the Resource through exploration at depth within the mines and along strike from the mines. The team at Metal Tiger’s Thai Joint Venture have analysed the underlying model and assumptions on which the 2013 PEA was based and the project remains attractive under base case, worst case and best case scenarios.

• Wider exploration programmes continue country-wide in Thailand with a team of geologists and support staff focused on building our in-country knowledge and extensive database. Whilst the focus remains on gathering and collating data pertaining to the Song Toh and Boh Yai mines, and various local and regional exploration targets in the vicinity.

• Special Prospecting License Applications in Kanchanaburi, Prachinbury and Chanthaburi continue to progress through the licencing process and the Company is optimistic that significant approvals may occur within 2016.

• Reflecting the success of the work in Thailand and the expanding work programmes, Metal Tiger Thailand, moved to a new office in August the opening of which was celebrated with a Buddhist Merit Ceremony.

• The Company remains upbeat on the development of the mineral industry in Thailand given recent statements from the Ministry of Industry.

Other Metal Projects:

• In our Spanish JV (50% Metal Tiger) on 19 July 2016 we confirmed issue of the St Cristobal Exploration Licence. The JV update on 18 August 2016 outlined that on-going exploration by our JV partners MEN (Finland) demonstrated considerable gold potential at the Logrosan and Maria licence package, and most notably a two kilometre long gold in soil anomaly. On 25 August 2016 the JV confirmed a new licence application for San Cristobal Sur had been submitted to secure the southerly extension of the Logrosan south gold in soil anomaly announced on 18 August 2016. Exploration work continues and further updates will be provided in due course.

• Our JV relationship with Kibo Mining (LON:KIBO) continues in respect of the Tanzanian Pinewood Uranium and Morogoro Gold projects and further updates in this regard will be provided as soon as practicable.

• The Company’s JV relationship continues with Eurasia Mining (LON:EUA) in respect of the Semenovsky Gold Tailings project and a further update in respect of this interest will be provided as material developments ensue.


http://www.metaltigerplc.com/index.php/investors/latest-news/956-quarterly-activities-report-2016-11-01-090000

banjomick - 01 Nov 2016 10:20 - 227 of 474

QUARTERLY ACTIVITIES REPORT- CONTINUED

Investment Opportunity Pipeline:

• The Metal Tiger project pipeline has advanced significantly. Opportunities exist in relation to existing investments in Botwana, Spain and Thailand where we may be able to augment existing interests to build the inherent value of each country’s investing activities.

• In addition, the Company has a number of new opportunities under review in Australia, Cambodia, Finland, Ireland and the United Kingdom. Opportunities under review are being considered for inclusion within the Metal Tiger portfolio.

• The appointment of Paul Johnson (ex-CEO of Metal Tiger plc) in a senior consultancy role will allow Paul to dedicate his time to evaluating new opportunities and assisting with the handling of potential spin-outs.

Asset Trading Division:

• Active investment programme continued in the quarter with an initial strategic investment in the shares/warrants of Kolar Gold (LON:KGLD), additional investments into MOD Resources (ASX:MOD) via that company’s Rights Issue and additional Strategic Investment tranches in the shares/warrants of Red Rock Resources (LON:RRR) and Thor Mining (LON:THR).

• Metal Tiger’s Asset Trading division now holds material strategic investments Connemara Mining (LON:CON), Conroy Gold (LON:CGNR), Goldstone Resources (LON:GRL), Greatland Gold (LON:GGP), Metal NRG (ISDX:MNRG), Opera Investments (LON:OPRA), Red Rock Resources (LON: RRR) and Thor Mining (LON: THR)

• In addition, the Asset Trading Division holds equity warrants and/or royalties in eleven ASX and AIM listed companies which it expects to yield considerable value for the company in the short to medium term as the resource sector recovery sets in. Most of these warrants were received as part of the strategic financings Metal Tiger has supported across AIM and ASX resource companies in the last two years.

Financial Management, Financial Results and Working Capital:

• Metal Tiger now has a full time Chief Financial Officer engaged on Company business, in line with the demands of a multinational investing company. Consistent systems of accounting and administration are being implemented across the group in line with best practice and the production of streamlined regulatory and internal reporting.

• The Company reported its half year results to 30 June 2016 in the quarter demonstrating an overall profit of £559,400, a net gain on investments of £1,858,200 and overall net assets of £5,199,700.

• In August 2016, Metal Tiger raised a further £1,100,000 at 3.85p in a strategic financing to support its investing activities, principally in respect of Metal Projects activities and following on from the £1,000,000 raised in April 2016.

• Metal Tiger released a current asset update on 22 August 2016 that demonstrated total Current Assets (cash, equities and warrant profit margins only) of £6,526,786 at that time.

• As a proactive resource investing company Metal Tiger has built its working capital position through investment gains in its Asset Trading division, fairly priced secondary financings and through the receipt of additional monies from warrant exercises. The Metal Tiger business retains significant working capital and the Company is fortunate to be in this position in a resource sector where many of our peers are facing extremely difficult conditions.

• Metal Tiger considers that serious resource investment opportunities must be able to stand on their own in respect of corporate management and financing. In respect of the latter and with particular focus on Asian financing for certain Thai activities the Company appointed VSA Capital as Asian focused broker on 5 October 2016.

Corporate Developments:

• On 29 July 2016 the Company held its Annual General Meeting (“AGM”) and all resolutions were passed.

• Metal Tiger announced on 9 August 2016 the launch of Metal Tiger Australia (“MTA”) to house the Company’s internal technical unit and providing a conduit to access and assess new opportunities in Australia and notably Western Australia where the MTA team have considerable experience.

• The Company was pleased to appoint Jordan Luckett as Chief Technical Officer and Executive Director as announced on 19 August 2016. Jordan has extensive experience in the technical mining environment and public company management.

• On 12 September 2016 Metal Tiger announced a Memorandum of Understanding with the Al-Sharif Group based in the Kingdom of Saudi Arabia. The Company is working with the Al-Sharif Group to access mining opportunities and mining capital in the Gulf Cooperation Council region.

• On 10 October 2016 the Company announced a strategic update including details of a Capital Reduction exercise enabling the Company, subject to High Court Approval, to consider and implement financial distributions to shareholders. In this regard the Company has a further General Meeting (“GM”) scheduled for 1 November 2016 to approve the Capital Reduction exercise and for the buyback of Company shares by Metal Tiger plc.

• The 10 October 2016 announcement also included details of the management restructuring whereby Alex Borrelli, an existing Non-Executive Director of the Company, became Company CEO. Alex Borrelli, an experienced public company Director, is also Executive Chairman of BMR Group plc and Non-Executive Chairman of Greatland Gold plc. Paul Johnson, former CEO, has moved into a senior consultancy role focused on assisting the Company with new project pipeline, value crystallisation, asset trading and public/investor relations.

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

http://www.metaltigerplc.com/index.php/investors/latest-news/956-quarterly-activities-report-2016-11-01-090000

banjomick - 01 Nov 2016 10:49 - 228 of 474

1 November 2016
Metal Tiger Plc

GENERAL MEETING UPDATE AND STATEMENT

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that both resolutions placed before the General Meeting held earlier today were passed.

Alex Borrelli Chief Executive Officer of Metal Tiger said I am pleased to confirm that at the General Meeting today both the resolutions were approved unanimously by shareholders.

Approval by shareholders of the Capital Reduction process and share buy back facility is a ratification of the stated policy of the Company which is to seek, where practical and realistic, the ability to return value generated to shareholders through a proactive distribution policy.

Further information on the Capital Reduction process and the Distribution Policy are provided below.

Capital Reduction

The Company is to apply to the High Court to obtain approval to implement a reduction in the share capital of the company by cancelling the existing deferred shares and cancelling the share premium account.
The Capital Reduction also required shareholder approval which was the main purpose of the General Meeting.

The Capital Reduction process is a standard and largely administrative process. It will not change the number of ordinary shares in issue or the current nominal value of the Companys ordinary shares.

The process merely permits a Company carrying historical retained losses to distribute cash or other interests to shareholders following completion of the process. This could not be done otherwise because Company law prohibits distribution when the Companys accounts show historical retained losses.

Distribution Policy

Subject to the approval of the High Court of the Capital Reduction, the Company may wish to distribute cash or other interests to shareholders. This may occur in various circumstances and could include where the Company disposes of an interest for cash or equity and wishes to return some or all of the value generated to shareholders. Such distributions may also require further shareholder approval under market rules. Shareholders should be aware that until a distribution is formally announced there is no certainty that any such distribution will occur.

To be clear any such distributions would only be made by reference to shareholders on the register at a specified record time and date. Holders of warrants and options who have not exercised the same at the specified time and date would not be entitled to participate in a distribution.

The Company reserves the right to announce distributions without notice and it is the Companys intention that, subject to relevant laws and regulations any distribution announcement will incorporate a contemporaneous record date.

http://www.moneyam.com/action/news/showArticle?id=5441345

banjomick - 03 Nov 2016 13:45 - 229 of 474

Metal Tiger plc - Quarterly Report
MTR
Thu, 03 Nov 2016, 08:00am GMT

Alex Borrelli, Chief Executive Officer and Paul Johnson, Senior Consultant provide an update on the company's activities, covering the period from July to September 2016. They discuss the recent board changes as well as updates on Metal Tigers projects in Thailand and Botswana which has yielded a significant, JORC compliant, maiden copper-silver resource statement after only commencing exploration drilling in the first quarter of 2016.

https://www.brrmedia.co.uk/broadcasts/5819e0bf7c2ae2f35d38a50d/metal-tiger-plc-quarterly-report

banjomick - 08 Nov 2016 09:57 - 230 of 474

Metal Tiger Plc

FORMER DIRECTOR OPTION CONVERSION

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announce that Paul Johnson, former Chief Executive Officer of Metal Tiger plc has provided the Company with an early exercise notice for a portion of his outstanding options.

On 7 November 2016 Paul Johnson issued Metal Tiger with an option exercise for three million shares in the Company at a price of 2p for a total of 60,000.
Alex Borrelli Chief Executive Officer of Metal Tiger said I am delighted that Paul has chosen to exercise his options early which makes a clear statement to market of his belief in the Companys business model and in the future plans and potential of the Company.

The natural resource sector has recently encountered a significantly challenging phase with the share price of many resource companies falling considerably. Metal Tiger has suffered from this sector pullback, but despite this our business is continuing to make material progress.

Much of our work of late has been in the background and shareholders may not be fully aware of the extent of progress at this time. However it is our intent to provide further updates to market in the near term to outline what has been achieved. These updates will encompass the progress of our Joint Ventures in Thailand and Botswana where the Companys key investments are situated.

I would like to take this opportunity to thank shareholders for their continuing support and note that the board recognise the importance of delivering share price performance and, at the appropriate time, returns of value to those shareholders who have committed to the Company and remained on the register.

Share Admission and Total Voting Rights

The 3,000,000 new ordinary shares are expected to be admitted to trading on or around 14 November 2016. Following the issue of the new ordinary shares, the number of ordinary shares in issue in the Company will increase to 659,381,541. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Metal Tiger following this allotment consists of 659,381,541 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5445310

mentor - 08 Nov 2016 10:31 - 231 of 474

2.30p +0.325 (+16.67%)

There is plenty of demand for the shares this morning after the RNS

p.php?pid=staticchart&s=L%5EMTR&width=600&height=215&p=1&t=1&dm=2&vol=1&cb=

banjomick - 08 Nov 2016 10:42 - 232 of 474

From the recent General Meeting:

1 November 2016
"Alex Borrelli Chief Executive Officer of Metal Tiger said I am pleased to confirm that at the General Meeting today both the resolutions were approved unanimously by shareholders.

Approval by shareholders of the Capital Reduction process and share buy back facility is a ratification of the stated policy of the Company which is to seek, where practical and realistic, the ability to return value generated to shareholders through a proactive distribution policy."


"To be clear any such distributions would only be made by reference to shareholders on the register at a specified record time and date. Holders of warrants and options who have not exercised the same at the specified time and date would not be entitled to participate in a distribution."


http://www.moneyam.com/action/news/showArticle?id=5441345
Register now or login to post to this thread.