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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

banjomick - 06 Mar 2017 11:39 - 323 of 474

Metal Tiger and partner hit potential new copper zone in Botswana
10:46 06 Mar 2017

Michael McNeilly, chief executive, said the new zone consisted of more than 72m of 1.5% copper

757z468_IMG_0633_58bd3f660b2b3.JPG

Metal Tiger PLC (LON:MTR) has reported another potential significant copper find by its partner at the T3 deposit in Botswana and this time directly beneath the current resource.

Michael McNeilly, chief executive, said the new zone consisted of more than 72m of 1.5% copper from 250m down with a high grade zone of 18m at 2.7% Cu and 52g/t silver from 280m.

“If this New Zone mineralisation is shown to be laterally extensive by the continuing deep infill drilling programme, it has the potential to deliver a significant T3 Resource upgrade and further improve the potential project economics.”
Metal Tiger’s partner MOD will incorporate these findings into the ongoing T3 Pre-feasibility study, while drilling under a current in-fill program will now go deeper to test for the new zone.

The current T3 deposit scoping study was based on a 2Mtpa processing plant, an indicative mine life of 10 years and an average production rate of 21,800tpa of copper and 665,000tpa of silver.

Philip Whiterow

69060_163846843643689_7687549_n.jpg?oh=d

banjomick - 07 Mar 2017 08:06 - 324 of 474

Tue, 7th Mar 2017 07:24
Metal Tiger Plc
("Metal Tiger" or the "Company")

Thai JV Spinout and Update on Thai Minerals Act

Metal Tiger Plc , the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to advise that the Company has completed a successful pre-IPO private placing with High Net Worth and Sophisticated Investors for KEMCO Mining PLC (“KEMCO”), which will be the listing vehicle for the Company’s Thai JV.

Highlights:

.Placing of 514,500 fully paid Warrants to subscribe for one ordinary share each in KEMCO upon successful admission to AIM, at a 20% discount to the admission price, raising gross proceeds of £514,500

.Contingent upon successful admission to AIM, a further warrant to subscribe for ordinary shares in KEMCO at a 50% premium to the admission price within a 24 month exercise period. These further warrants are to be issued on a one for one basis by reference to the number of KEMCO shares issued as a result of the placing warrants

.Should the admission of KEMCO not occur by 13 October 2017, the warrants will automatically convert into Metal Tiger shares by reference to the 15 day VWAP following this date, less 20%

.Should MTR announce via RNS that the IPO of KEMCO will no longer occur, the warrants will automatically convert into MTR shares by reference to the 15 day VWAP following the date of the announcement, less 20%

.Participation of both MTR Directors and prospective KEMCO directors, along with employees of both companies totalled £67,000 (MTR Directors participated for £35,000)

.Strong support from existing MTR shareholders

.Proceeds to be used to fund IPO costs and for ongoing working capital of Thai operations

Separate to the pre-IPO fund raise, since 1st January 2017 to date, Metal Tiger has provided funding of approximately £590,000 to the Thai JV to cover working capital and advisers’ costs. Metal Tiger will likely contribute further moderate sums to support the Thai operations between now and completion of the Kemco Mining IPO.

Thai Minerals Act

Metal Tiger PLC is also pleased to announce that the new Minerals Act has been signed by the King of Thailand and will be in force on 30 August 2017. The signing of the draft and its subsequent implementation has come quicker than we had previously anticipated, removing a key element of timetable uncertainty in the permitting process. We are pleased that our Thai partners will be in a position to make submissions to the relevant authorities at an earlier date and have full confidence that they will make the strongest possible case for the permitting of both Boh-Yai and Song-Toh historical mines.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “We are delighted to have closed this pre-IPO funding round for KEMCO which has received strong support from existing MTR shareholders and the directors and employees of both companies. This demonstrates a confidence in the quality of our Thai JV assets and their potential as a standalone entity and creates a solid foundation for the IPO.

We are also very pleased the new Minerals Act has been signed ahead of expectations. This demonstrates the Thai Governments long term commitment to the extractive industry. We look forward to continuing to work closely with our Thai JV partners to make the IPO a success.”

Metal Tiger Directors Investment

***See Link Below for More***

http://www.moneyam.com/action/news/showArticle?id=5507914

banjomick - 17 Mar 2017 12:20 - 325 of 474

17 March 2017
Metal Tiger Plc

Statement re: MOD Resources Limited, Share Placement.

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities notes the announcement made by MOD Resources Limited (ASX:MOD) on 17th March 2017.

The announcement highlights are:

.$14.6M raised in share placement to institutions, professional and sophisticated investors (before costs)

.Placement was heavily oversubscribed

.A range of quality institutional investors join MODs share register

Metal Tiger holds 81,102,302 MOD shares, equivalent to 4.975% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian).

Funds raised from the Placement will primarily be used towards a substantial CY17 exploration program, which aims to extend the T3 open pit to the east and west and at depth, the T3 dome, and to test other targets in the T3 area and regionally.

The Board is extremely pleased to see such high calibre institutions support our growth strategy by participating in this placement. We look forward to an exciting period of exploration and project development in this highly prospective region.

Michael McNeilly, Chief Executive Officer said,
Were very pleased by the news today from MOD. This financing further validates the exceptional quality of the Botswana project and we are delighted that this raise will further accelerate the joint venture work program on the ground. We look forward to continuing our work with MOD on further exploration of the T3 copper project.

The full text of the MOD Resources announcement of can be seen in the notes to editors or downloaded from the MOD Resources website here:
http://www.modresources.com.au/asx-announcements


http://www.moneyam.com/action/news/showArticle?id=5514850

dreamcatcher - 20 Mar 2017 19:59 - 326 of 474

Looking for 3p tomorrow.

dreamcatcher - 23 Mar 2017 21:06 - 327 of 474

Great day.

banjomick - 28 Mar 2017 16:30 - 328 of 474

Tuesday 28 March, 2017
Metal Tiger plc

Term Sheet Signed with Sprott Private Wealth LP for £3.0 Million Financing

“Not for distribution to U.S. news wire services or dissemination in the United States.”
“This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.”


Metal Tiger Plc

Term Sheet Signed with Sprott Private Wealth LP for £3.0 million financing
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has signed a term sheet and engagement letter with Sprott Private Wealth LP (“Sprott”) as exclusive agent for and on behalf of Metal Tiger plc, as part of a £3 million private placement (the “Offering”).

The net proceeds from the Offering will be used to fund Metal Tiger’s portion of its commitment to 2017 budget for its Joint Venture (“JV”) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources) as well as for working capital and general corporate purposes.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 17 April 2017 (“the Closing Date”). If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the £3m. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

Terms of the Offering:

100,000,000 units of the Company (the “Units”) at a fixed price of £0.03 per unit (£3,000,000).

Institutional investors are expected to subscribe for the majority of the placing and the Offering will close at 4pm EST on the date of this announcement. Metal Tiger may at its discretion, should the Offering be oversubscribed, elect to accept a larger fundraise than £3,000,000.

The closing date of the fundraising is expected to be on or around the 17 April 2017 and will be subject to certain conditions highlighted below (the “Closing Conditions”).
Each Unit will consist of one ordinary share in the capital of the Company (an “Ordinary Share”) and one Ordinary Share purchase warrant (“Warrant”).

Each Warrant will be transferable and entitle the holder to acquire one Ordinary Share (a “Warrant Share”) for five years from the Closing Date at a price of £0.06.
Metal Tiger will pay a 6% commission on Units placed by Sprott.

On the Closing Date, or on the admission date of shares trading to AIM, the Company shall issue to Sprott the number of non-transferable common share purchase warrants (“Finder Warrants”) that equals 3.0% of the Units placed by Sprott. Each Finder Warrant permits the purchase of one Warrant Share for five years from the Closing Date at a price of £0.03 per unit.

The Offering jurisdictions for this Offering will be all of the provinces of Canada pursuant to available private placement exemptions, such offshore jurisdictions as may be agreed to between the Company and Sprott Private Wealth LP and in the United States on a private placement basis only under Regulation D, Rule 144A or Regulation S of the United States Securities Act of 1933, as amended, or other available registration exemptions in the United States; provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction and the Company does not become subject to continuous disclosure obligations in such jurisdiction.

The Offering is contingent upon the Closing Conditions being satisfactory results of corporate due diligence on Metal Tiger including favourable legal opinions of counsel to Metal Tiger in connection with corporate, securities and title matters (including a title opinion in respect of Metal Tiger’s material mineral properties on which the proceeds of the Offering are planned to be expended). The Offering will also be conditional upon regulatory approvals.

Upon completion of due diligence; which the Directors of Metal Tiger believe should be approximately a two week process, Metal Tiger will enter into an agency agreement with Sprott and Sprott’s and Metal Tiger’s respective legal counsel will draft a suitable subscription agreement for the placees that have taken book orders with Sprott.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented: “We are extremely pleased to have attracted the attention of Sprott. Sprott Private Wealth LP and its affiliates, one of the leading North American natural resources investors, have recognised the exceptional quality of the T3 copper discovery in Metal Tiger’s Joint Venture with MOD Resources, as well as the highly prospective exploration potential of our other JV exploration licences. With this capital raise, we will be in a strong position to advance the T3 exploration and feasibility study programme with MOD Resources during 2017, and I look forward to providing our shareholders with further updates on progress.”

A further announcement will be made in due course.

http://www.investegate.co.uk/metal-tiger-plc/mtr/term-sheet-signed-with-sprott-private-wealth-lp---/20170328140300Z0601/?fe=1&utm_source=FE Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Metal Tiger plc Alert

geoffsh - 28 Mar 2017 22:22 - 329 of 474

Taken from Hotcopper.






An outstanding announcement from the Botswana JV partner today, MTR.

http://www.investegate.co.uk/metal-...ott-private-wealth-lp---/20170328140300Z0601/

Sprott Private Wealth LP will act as exclusive agent for a £3m sterling private placing to North American investors, expected to be dominated by institutional investors.

Imho, the Sprott name gives the JV instant credibility to NA investors - Sprott is one of the leading, if not the premier, natural resources investor in North America. Many will have heard of Rick Rule for example, who is Sprott CEO.

Sprott are one of the best institutional investors in the business, so for the Botswana JV to have attracted their attention is an absolutely huge validation of the T3 project.

Just doing further research on Sprott. Take this quote for example:

"Sprott Resource Corp., SRC (SCPZF), employs a disciplined approach when looking for investments. You can take this with a grain of salt but the company lists the fact that they have done due diligence on over 1,000 deals. They have only taken part in 12, for around a 1% transaction rate. This shows them to be very risk-averse. The management team obviously has a deep-value mentality. They believe in buying low and selling high; not in the momentum game of buying high and trying to sell higher. Sprott doesn’t look for companies with exploration risk. Rather, they look for resources that are mispriced, meaning they have something unique about them or are scarce. They also, like CUSH, look for management teams that are experienced and they expect their management teams to be personally invested in their companies. ​


banjomick - 29 Mar 2017 09:37 - 330 of 474

Wednesday 29 March, 2017
Metal Tiger plc

Sprott Private Placement Offering Raises £4.29 million

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that further to its announcement yesterday regarding the signing of a term sheet and engagement letter with Sprott Capital Partners (“Sprott”), that the Offering, run by Sprott closed at 4pm EST yesterday and was oversubscribed. Metal Tiger has elected to accept £4.29 million on the same terms as announced yesterday at the fixed price of 3p per unit under the Offering.

The net proceeds of this Offering will be used to fund Metal Tiger’s portion of its commitment to 2017 budget for its Joint Venture (“JV”) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (30% Metal Tiger / 70% MOD Resources) as well as for working capital and general corporate purposes.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 17 April 2017 (“the Closing Date”) as set out in the announcement yesterday. If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the £4.29 million. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

Michael McNeilly, Chief Executive Officer of Metal Tiger plc commented: “We are extremely pleased with the strong demand for this Offering, which was oversubscribed and brings new long term institutional shareholders on to the shareholder register. We look forward to working with Sprott to complete this fundraising process over the coming weeks and which will place Metal Tiger in a position of considerable strength with exceptionally supportive shareholders to continue to fund its copper projects in joint venture with MOD Resources in Botswana.”

A further announcement will be made in due course.

http://www.investegate.co.uk/metal-tiger-plc/mtr/sprott-private-placement-offering-raises--4-29---/20170329090300Z0669/?fe=1&utm_source=FE Investegate Alerts&utm_medium=Email&utm_content=Announcement Alert Mail&utm_campaign=Metal Tiger plc Alert

banjomick - 29 Mar 2017 14:40 - 331 of 474

13:10

Broker Forecast - VSA Capital issues a broker note on Metal Tiger Plc Ord 0.01p
BFN

VSA Capital today reaffirms its buy investment rating on Metal Tiger Plc Ord 0.01p (LON:MTR) and set its price target at 4.80p.

http://www.moneyam.com/action/news/showArticle?id=5521845

banjomick - 30 Mar 2017 09:00 - 332 of 474

Metal Tiger Plc
("Metal Tiger" or the "Company")


Botswana Copper/Silver Project Drilling Extends New Zone of Mineralisation below T3 Resource

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JVs local operating company Tshukudu Metals Botswana (Pty) Ltd.

The T3 infill and extension drilling programme has extended the substantial new copper zone (Zone 2) and intersected a third mineralised zone (Zone 3), with significant disseminated copper mineralisation intersected, directly below the current T3 Resource.

Highlights:

Extent of the Zone 2 disseminated copper mineralisation, located directly below the current T3 Resource now delineated over an extended circa 700m strike length.

Central core of Zone 2 includes the 72.6m @ 1.5% Cu & 27g/t Ag (reported 6 March 2017)

Significant disseminated copper intersected within the recently discovered Zone 2 and Zone 3, grade of these disseminated intersections will be determined from awaited assay results.

Sufficient drilling has now been completed to enable the potential upgrade of the Resource and to expand the Prefeasibility Study.

ALS Laboratories staffed sample preparation facility to be installed onsite to accelerate the assay turnaround.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
The T3 drilling programme continues to deliver results and the programme is demonstrating there exists a further, substantial copper zone beneath T3. An upgrade to the Resource is highly possible with the eagerly awaited assay results for the Zone 2 mineralisation and could significantly add to the already positive economics and de-risk a proposed open pit mining operation.

We look forward to keeping our shareholders updated with outstanding assay results as they become available for release.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:

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

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.

***More from Link Below***

http://www.moneyam.com/action/news/showArticle?id=5522348

banjomick - 30 Mar 2017 12:06 - 333 of 474

SnDqxMK1_400x400.jpg
UK Investor Show 1st APRIL 2017

•2,500+ people attended in 2016
•More than 120 PLCs to man stalls. present and explain their business

Metal Tiger are at this event:

https://www.ukinvestorshow.com/

https://www.ukinvestorshow.com/companies/

banjomick - 18 Apr 2017 07:46 - 334 of 474

Metal Tiger Plc

Update on Sprott Private Placement Offering

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that further to the announcements on the 28 and 29 March 2017 relating to the Sprott Private Placement Offering, shareholders should note that Sprott and Metal Tiger have mutually agreed to extend the Closing Date from the 17 April 2017 to the 20 April 2017.

Shareholders should note that the Offering is conditional on certain conditions being met before the closing date of 20 April 2017. If these conditions are not met by the Closing Date, the Offering may not occur and Metal Tiger may not raise the GBP4.29m. The Closing Date may be changed upon mutual agreement of Sprott and Metal Tiger.

http://www.moneyam.com/action/news/showArticle?id=5532417

banjomick - 21 Apr 2017 08:17 - 335 of 474

Metal Tiger Plc

Sprott Private Placement Closes raising GBP4.85m

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, further to the announcements on 29 March and 18 April 2017, it has closed its private placement offering, run by Sprott Capital Partners ("Sprott"), raising a total of GBP4,390,000 through Sprott and a further GBP460,000 through a placing and subscription of shares in the Company.

This represents the largest fundraise by the Company to date.

Highlights:


-- Placing of 161,666,666 new ordinary shares in Metal Tiger at a placing
price of 3p per ordinary share (the "Placing Shares") raising gross
proceeds of GBP4,850,000.

-- Issue of 161,666,666 warrants to subscribe for 1,666,666 new ordinary
shares in Metal Tiger at an exercise price of 6p per warrant, within a
5 year exercise period.

-- Sprott to receive 4,850,000 Finder Warrants equal to3.0% of shares
issued under the Placing. Each Finder Warrant permits the purchase of
one Warrant Share for five years from the Closing Date at a price of
GBP0.03 per unit. Upon exercise of a Finder Warrant, Sprott will be
entitled on a 1 for 1 basis to a 6p warrant with a 5 year validity. In
the event that Sprott exercised all of its 3p warrants it would be
entitled to a further 4,850,000 warrants at 6p with a 5 year validity.

-- Placing taken place at a circa 9% premium to the previous day closing
price.

-- Placing includes UK and international investors, with GBP460,000 coming
from the UK with the international funds coming primarily from
institutional investors.

-- Largest fund raise to date for Metal Tiger providing funds for the
Company to advance its interests across its mining portfolio of assets
in particular T3 in Botswana where Metal Tiger has a JV with MOD
Resources, and an economic interest of 30% in the T3 project.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

"This is a significant moment for the Company raising GBP4.85m with the majority coming from institutional investors. The level of institutional support has been extremely satisfying and is demonstrable of the maturity and evolving nature of the business since the beginning of the financial year.

Metal Tiger is now well positioned to advance its main direct project interests, in particular matching its important 30% contribution toward the JV in Botswana both in regards to further exploration and to the T3 project as it moves up the development curve through PFS, DFS and ultimately to a decision to mine. This raise also gives Metal Tiger greater comfort with regard to the spin out of its Thai assets.

On behalf of the Board I thank all our existing and new shareholders for their support and we look forward to updating them further as we deliver material value."

The Placing Shares are expected to be admitted to trading on or around 27 April 2017. Following the issue of the 161,666,666 Placing Shares, the number of ordinary shares in issue in the Company will increase to 955,541,843 ordinary shares with one voting right each. 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 955,541,843 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=5534920

banjomick - 21 Apr 2017 12:54 - 336 of 474

Metal Tiger placing raises £4.85mln in total, more than expected after extension
11:51 21 Apr 2017

The AIM-listed firm said the fundraise, the largest by the company to date, included a total of £4.39mln raised through Sprott Capital Partners – above the £4.29mln targeted

757z468_MetalTiger.jpg

Metal Tiger PLC (LON:MTR) said its private placement offering, run by Sprott Capital Partners has raised even more than expected, with gross proceeds of £4.85mln received by the closing date yesterday.

The AIM-listed strategic natural resources investor said the fundraise, the largest by the company to date, included a total of £4.39mln raised through Sprott – above the £4.29mln targeted – while a further £460,000 was raised through a placing and subscription of shares by the company.

The group said 161,666,666 new ordinary shares in Metal Tiger were placed at a price of 3p each, while 161,666,666 warrants to subscribe for 1,666,666 new ordinary shares were also issued at an exercise price of 6p per warrant, within a 5 year period.

Meanwhile, Metal Tiger said bookrunner Sprott will receive 4,850,000 Finder Warrants in Metal Tiger, equal to 3.0% of shares issued under the placing, permitting the purchase of one Warrant Share for five years from the offer closing date at a price of 3p per unit.

Upon exercise of a Finder Warrant, Sprott will also be entitled on a 1 for 1 basis to a 6p warrant with a 5 year validity which could see the private wealth group entitled to a further 4,850,000 warrants at a 6p exercise price with a 5 year validity.

In late morning trading today, Metal Tiger shares were 7%, or 0.2p higher at 2.95p.

In a note to clients following today’s news, broker VSA Capital reiterated a ‘buy’ rating on Metal Tiger but reduced their target price for the stock by 17% to 4p to reflect the dilution from the placing.

In its statement, Metal Tiger said the placing included contributions from UK and international investors, with £460,000 coming from the UK, while the international funds primarily came from institutional investors.

Level of institutional support "extremely satisfying", says Metal Tiger boss

Michael McNeilly, Metal Tiger’s chief executive officer, said: “The level of institutional support has been extremely satisfying and is demonstrable of the maturity and evolving nature of the business since the beginning of the financial year."

The cash call funds will be used for the company to advance its interests across its mining portfolio, but in particular for the T3 project in the Kalahari Copper Belt in Botswana where Metal Tiger has a joint venture with MOD Resources.

McNeilly added: “Metal Tiger is now well positioned to advance its main direct project interests, in particular matching its important 30% contribution toward the JV in Botswana both in regards to further exploration and to the T3 project as it moves up the development curve through PFS, DFS and ultimately to a decision to mine.

“This raise also gives Metal Tiger greater comfort with regard to the spin out of its Thai assets.“

Metal Tiger first announced plans to raise some cash at the end of March, although it was only originally looking to generate £3mln, but it expanded that target and also extended the closing date for three days to April 20.

69060_163846843643689_7687549_n.jpg?oh=d

geoffsh - 23 Apr 2017 23:51 - 337 of 474

.











....................................Exciting times ahead............




.................MOD news.................




http://www.asx.com.au/asxpdf/20170424/pdf/43hpglnpq01gz7.pdf




Exciting times ahead!

banjomick - 24 Apr 2017 10:36 - 338 of 474

24 April 2017
Metal Tiger Plc

Botswana Copper/Silver Project ? T3 Drilling & IP Geophysics Results

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding the Company?s Joint Venture (?JV?) project with partners MOD Resources (ASX:MOD) in the Kalahari Copper Belt in Botswana (70% MOD Resources / 30% Metal Tiger). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MOD?s issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JV?s local operating company Tshukudu Metals Botswana (Pty) Ltd.

Assay results from a further 4 diamond drill holes (MO-G-63D, MO-G-64D, MO-G-66D & MO-3R-07D) have confirmed intersections of the recently discovered Zone 2 and Zone 3 copper mineralisation which is directly below the current T3 Resource (Zone 1). Assays are awaited from an additional 11 T3 Resource holes and 8 geotechnical holes.

Highlights:

-Assay results from a further 4 drill holes received, confirming significant intersections from all three zones of copper mineralisation at T3
-Zone 3 (300m below the current T3 Resource) may be part of a more extensive mineralised contact.
-Induced Polarisation (IP) geophysics study has identified two significant anomalies north of T3, now high priority drill targets.
-Airborne Electromagnetics (EM) geophysics survey to target other potential T3 type deposits along T3 Dome.
-Soil surveying underway over extensive regional areas including >40km long T20 Dome.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:

With the closing of the ?4.85m fund raising last week, and the institutional support for our Botswana JV, Metal Tiger is now in a strong position to move the T3 project and the surrounding exploration portfolio up the value curve.

The recent drill assays continue to build out potential depth extensions to the T3 deposit whilst the findings of the recent IP geophysics study have identified a further two geophysical anomalies worthy of high priority drill testing.

We are also excited by the prospect of trialling helicopter-borne electromagnetics geophysics to rapidly delineate conductive sulphide and structural related drill targets in the wider T3 Dome.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:

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

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.


****More via Link Below****


http://www.moneyam.com/action/news/showArticle?id=5535841

geoffsh - 01 May 2017 21:30 - 339 of 474

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.............................MOD's quarterleys............................











http://www.asx.com.au/asxpdf/20170501/pdf/43hxb22f5qnzs6.pdf

banjomick - 02 May 2017 08:31 - 340 of 474

Metal Tiger Plc
("Metal Tiger" or the "Company")

Director and Thai Competent Person Report update

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that the Company has taken delivery of the first draft PEA CPR relating to the Song-Toh and Boh Yai silver lead zinc mines from SRK and is currently working with the SRK team to enhance the project fundamentals and optimise the economics at the PEA level.

The draft updated PEA CPR has provided the company with more confidence with regard to the mineralisation interpretation, mine schedule and project costs. The techno-economic work is also highlighting areas for ongoing studies to increase revenue and cost accuracy for any future studies. The Company will update the market when the report is finalised.

Director update
With effect from 1st May 2017, Geoff McIntyre has stepped down from his Executive post with Metal Tiger to become a Non-Executive director of the Company. Geoff has been instrumental in helping with the proposed Thai IPO and seeing as the IPO has significantly progressed with the appropriate management having been put in place for the spin out, Geoff and the Board believe it makes more sense for a reduced time commitment.

Geoff will be spending more time on his personal business interests but will still make a very valuable contribution to the ongoing success of Metal Tigers interests. The Board wishes Geoff every success with his personal ventures and looks forward to working with him during his continued association with the Company.

http://www.moneyam.com/action/news/showArticle?id=5540808

banjomick - 08 May 2017 16:37 - 341 of 474

Metal Tiger Plc

Semenovsky Tailings Project update

Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that the Company, in line with its previously stated new strategic objectives, has opted not to pursue its interest in the Semenovsky Tailings Project (STP), which was financed 50:50 with Eurasia Mining plc (AIM:EUA). This leaves EUA in a better position to fund its interests in STP with new project finance. The Company will no longer have an interest in STP and will concentrate its resources on its core project interests.

http://www.moneyam.com/action/news/showArticle?id=5545151

banjomick - 24 May 2017 08:25 - 342 of 474

Metal Tiger plc

Botswana Copper/Silver Project T3 Progress Update


Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to provide an update regarding 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). Metal Tiger also holds 81,102,302 MOD shares, equivalent to 4.4345% of MODs issued share capital and 1,541,667 MOD warrants at an exercise price of 6 cents (Australian). Activities in Botswana are conducted under the JVs local operating company Tshukudu Metals Botswana (Pty) Ltd. (Tshukudu).

Highlights:

'T3 Environmental Management Plan (EMP) will be lodged within next few days.

'Reduced level of environmental assessment to the level of soon to be lodged 'Environmental Management Plan, should allow for earlier advancement of the next phase of drilling at T3.

'High priority drill targets include two Induced Polarisation (IP) geophysics anomalies 800m north of T3 and the Zone 3 mineralisation below the T3 Resource.

'Airborne Electromagnetics (EM) geophysics survey to start soon to identify potential new conductors on T3 Dome.

'Prefeasibility Study (PFS) related hydrological, metallurgical and geotechnical studies and flora/fauna studies and stakeholder meetings progressing well.

'Regional exploration focussed on large T20 Dome with first results expected soon.

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
We are very pleased to report that following consultation, the Department of Environmental Affairs has agreed that an Environmental Management Plan will suffice for permitting further Resource drilling at T3 and the drill testing of the various exciting targets in the wider T3 area.

This decision is significant as it should allow drilling to resume sooner than would have been required if the JV had had to conduct the more detailed studies of an Environmental Impact Statement for the drilling permits. Considering the required EMP public review period we now expect the drilling to resume in July. In the meantime, work will continue on the T3 Prefeasibility Study, the airborne EM geophysics survey and continuing soil sampling programmes.

Whilst drill rigs have been on break, planning work and feasibility study works have been progressing well and we look forward to reporting the findings of the T20 soil programme in due course.

For further images and diagrams that may assist readers in the visualisation of the mineralisation and the reported drill collar locations, we would refer to the announcement released today by MOD Resources. This announcement can be viewed through the following link:
http://search.asx.com.au/s/search.html?query=mod&collection=asx-meta&profile=web

Shareholders should note that the timing of MOD announcements are outside the control of MTR, however MTR does its utmost to announce the drill results and important updates as soon as practicable after MOD makes its announcement to the ASX. MTR are only made aware of drill results and important updates immediately prior to the MOD release.

***More From Link Below***

http://www.moneyam.com/action/news/showArticle?id=5554741
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