10th Apr 2018 11:50
Additional Investment into MOD Resources Limited
10 April 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
Additional Investment into MOD Resources Limited
Metal Tiger (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce an additional investment into MOD Resources Limited (ASX:MOD).
Further to the announcement of 12th March 2018, Metal Tiger has taken up its full entitlement under the 16 for 1 rights issue of 7,887,500 shares at a cost of A$370,713.
This additional investment increases Metal Tiger's shareholding to 138,800,415 shares or 6.0197% of MOD Resources Limited’s issued share capital.
Note: for the full year ended 31 December 2017 MOD Resources Limited reported a loss for the period of A$3,320,669 and total net assets of A$30,653,974.
For further information on the Company, visit:www.metaltigerplc.com:
| Michael McNeilly (Chief Executive Officer) | Tel: +44(0)20 7099 0738 | |||||||
| Keith Springall (Finance Director & Company Secretary) | Tel: +44 (0)20 7099 0738 | |||||||
| Stephen Allen or Bhavesh Patel | RFC Ambrian Ltd (Nominated Adviser) | Tel +44 (0)20 3440 6800 | ||||||
| Jonathan Williams | RFC Ambrian Ltd (Joint Broker) | Tel +44 (0)20 3440 6800 | ||||||
| Nick Emerson | SI Capital (Joint Broker) | Tel: +44 (0)1483 413 500 | ||||||
| Gordon Poole James Crothers Monique Perks | Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
View source version on businesswire.com: https://www.businesswire.com/news/home/20180410005828/en/
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