Metal Tiger plc UK Regulatory Announcement: Corporate Update
LONDON–(BUSINESS WIRE)–
18 November 2022
Metal Tiger plc
(“Metal Tiger” or the “Company”)
Corporate Update
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, is pleased to update shareholders that Metal Tiger plc has successfully been entered into the register of small registered UK AIFMs with effect from 17 November 2022, under the Alternative Investment Fund Managers Regulations 2013 (AIFMRs). Please note that details of Metal Tiger’s registration on the AIFMD section of the Financial Services Register will be available soon.
Following this registration and in light of Metal Tiger’s evolving investment strategy, the Board of Metal Tiger is considering whether a potential move from AIM to the Specialist Fund Segment of the London Stock Exchange (the “SFS”) would better enable the Company to meet its investment objectives in the future in the interests of shareholders. In any case, the Board intends to retain the admission of the ordinary shares to listing and trading on the ASX. Further updates will be provided to shareholders as appropriate in due course.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
For further information on the Company, visit www.metaltigerplc.com:
Enquiries:
| Michael McNeilly | (Chief Executive Officer) | Tel: +44 (0)20 3287 5349 |
| Mark Potter | (Chief Investment Officer) |
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| James Dance James Harris Robert Collins | Strand Hanson Limited (Nominated Adviser) | Tel +44 (0)20 7409 3494 |
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| Steve Douglas Simon Johnson | Arden Partners plc (Broker) | Tel: +44 (0)20 7614 5900 |
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| Gordon Poole Elfie Kent Rebecca Waterworth | Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
Notes to Editors:
Metal Tiger plc is admitted to the AIM market of the London Stock Exchange (“AIM”) and the Australian Securities Exchange (“ASX”) 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.
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.
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.
Contacts
Metal Tiger plc
