23rd Mar 2021 12:53
23 March 2021
Metal Tiger plc
("Metal Tiger" or the "Company")
Armada Exploration Company Presentation
Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that, further to its announcement of 19 March 2021, it has uploaded a new presentation from Armada Exploration Limited ("Armada") to the Company's website.
The presentation sets out the technical case for the Nyanga project, summarising the work completed so far and the 2021 planned work programme.
Metal Tiger holds a direct 18.5% interest in Armada, as well as an indirect interest, via Cobre, which holds an 18.5% interest in Armada. Metal Tiger and Cobre also each hold 3,333,333 36-month options over Armada shares, with an exercise price of US$0.225. Metal Tiger has a 19.99% equity interest in Cobre.
The presentation can be accessed via the Metal Tiger website here:
https://www.metaltigerplc.com/media/attachments/2021/03/23/armada-exploration---032021---gabon-nyanga-ni-cu.pdf
For further information on the Company, visit: www.metaltigerplc.com
Enquiries:
Michael McNeilly | (Chief Executive Officer) | Tel: +44 (0)20 7099 0738 |
Mark Potter | (Chief Investment Officer) | |
James Dance Jack Botros Georgia Langoulant | Strand Hanson Limited (Nominated Adviser) | Tel +44 (0)20 7409 3494 |
Paul Shackleton Steve Douglas | Arden Partners plc (Broker) | Tel: +44 (0)20 7614 5900 |
Gordon Poole James Crothers Hugo Liddy | 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 Market ("AIM") 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. Metal Tiger has two investment divisions: Equity Investments and Project Investments.
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. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.
Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.
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.
Related Shares:
MTR.L