21st Aug 2020 10:54
(Alliance News) -Â Metal Tiger PLC on Friday said it is planning to list on the Australian Stock Exchange, in addition to its AIM listing.
The natural resources investor said it has received positive preliminary feedback from the ASX for the secondary listing, and, based on what the Metal Tiger board deems to be a "comprehensive submission", it is targeting admission in Australia in the fourth quarter of this year as a listed investment company.
"The board believes that admission 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," said Metal Tiger.
Shares in Metal Tiger were down 1.5% at 21.67 pence in London on Friday.
By Lucy Heming;Â [email protected]
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